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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Intuit Inc. Chief Executive Officer Brad Smith is facing one of the biggest challenges in his seven-year tenure: how to restore trust in his company after fraudulent tax returns were filed through its TurboTax program.
February 13 -
The Internal Revenue Service delivered a progress report Thursday on tax season so far, noting that it has issued 19.7 million refunds worth more than $66 billion, up slightly from last years totals.
February 12 -
Highlights of some of our favorite tax-related blogs from the past week.
February 12 -
Wolters Kluwer Tax & Accounting US (formerly known as CCH) has released a new report examining the tax implications of the White Houses recently released budget blueprint for fiscal year 2016.
February 12 -
Intuit Inc. Chief Executive Officer Brad Smith wrote to the Internal Revenue Service calling for the government to share information to help combat fraud, after states saw a rise in fraudulent returns being submitted via his companys TurboTax tax software.
February 12 -
The IRS has warned that the coming three-day weekend typically kicks off one of the busiest weeks of the tax filing season for the services phone lines.
February 12 -
The Internal Revenue Service is facing not only a budget crunch this tax season, but also rampant identity theft.
February 10
