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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Families with domestic employees struggle with all the state and federal tax obligations and often make inadvertent mistakes that can become very expensive and frustrating.
February 4 -
As Congress begins to digest President Obamas proposals for changes in how to tax the foreign earnings of U.S. multinational companies, a brief refresher on business structure might be useful.
February 3 -
A group of senators have introduced legislation aimed at enhancing the tax breaks available in Section 529 college savings plans, only days after the Obama administration backed away from a proposal to tax new contributions to such plans.
February 3 -
Former Internal Revenue Service commissioner Mark W. Everson is worried about the impact of continuing budget cuts on his old agencys ability to help taxpayers and tax practitioners this tax season as the IRS is encouraging taxpayers to check the IRS.gov Web site for answers to questions before picking up the phone.
February 3 -
President Barack Obama wants to remove a tax benefit for college sports fans.
February 3 -
The Obama administration has released its fiscal year 2016 budget tax proposals, which would raise taxes on the wealthy and multinational corporations stashing profits offshore, while promising middle-class tax cuts.
February 2 -
Check out the digital edition of the February 2015 issue of Accounting Today.
February 2