Tax
Tax News & IRS Insights for Accounting Professionals
Accounting Today delivers news and analysis for accounting and tax professionals on federal and state tax developments, IRS guidance,information reporting, and operational implications for practices and clients. Our coverage focuses on legislative and procedural shifts that tax practitioners must monitor in planning, compliance, and advisory contexts.
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The IRS has issued nearly 40 million tax refunds worth almost $125 billion for this season as of February 20.
February 26 -
The owner of several Liberty Tax Service franchises has been arrested after he was caught by police in the act of trying to drown his baby in a sink after brutally assaulting his wife.
February 26 -
New York Citys Department of Consumer Affairs found Thursday that one in four tax preparers do not comply with the citys Consumer Protection Law.
February 26 -
The U.S. House of Representatives voted to loosen restrictions on tax incentives for education savings, expanding a program that President Barack Obama wanted to limit.
February 25 -
You've met them: The taxpayer who calls or drops in just to see if you offer the lowest price for tax prep or worse, just to confirm that the price theyve found elsewhere really is the lowest.
February 25 -
As we sit through another tax season, we have the opportunity to enjoy it or suffer through it. We can believe that we will fail, or we can choose to succeed and believe that anything is possible.
February 25 -
The Internal Revenue Service will not try to collect additional taxes from those taxpayers who have already filed their taxes after receiving incorrect information from the federal health insurance marketplace, Healthcare.gov.
February 25
