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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Cruise operators may yet avoid paying more corporate taxes despite threats from the U.S. Commerce Secretary to close favorable loopholes.
February 21
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A technical glitch prevented Internal Revenue Service officials from notifying laid-off employees by email, so the IRS will be sending them letters, instead.
February 21
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President Trump is expected to sign a memorandum that opens the door to levies in response to digital services taxes some countries impose on U.S. tech giants.
February 21
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Prosecutors and regulators are investigating a deal between CrowdStrike Holdings and a technology distributor to provide cybersecurity tools to the IRS.
February 21
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Trump needs as much revenue as he can get as Republicans in Congress work to iron out a plan to extend the 2017 tax cuts that are due to expire later this year.
February 21
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Fell a little short; oh brother; only one hitch; and other highlights of recent tax cases.
February 20
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The threatened layoffs appeared to be underway Thursday, with estimates of between 6,000 and 7,000 employees being fired in the middle of tax-filing season.
February 20
