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 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
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The 2014 tax season is going to be a stressful one for many people.
February 10 -
A majority of CFOs at multinational corporations believe that publicity about their tax-planning strategies is having a negative impact on the reputation of their companies, according to a new poll.
February 10 -
A new report from a British Parliamentary committee attributes a tax avoidance scheme in Luxembourg to PricewaterhouseCoopers and says other large accounting firms have played a role in similar maneuvers.
February 9 -
Smaller percentages of American taxpayers plan to spend their tax refunds on savings, investment or debt reduction than in years past, according to a new survey.
February 9
