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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Federal employee pension benefits are set to be pared back in Republicans' giant tax and spending package working its way through the House.
April 28
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Republicans aim to pass the tax package through a process that wouldn't require any Democratic votes.
April 28
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President Trump suggested his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year.
April 28
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Accountants can transform renewable energy incentives from the Inflation Reduction Act into a strategic financial opportunity for their clients.
April 25
Source Advisors -
President Trump's tariffs would effectively cause a tax increase for low-income families more than three times higher than what wealthier Americans would pay.
April 25
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President Donald Trump said he is open to the idea of higher taxes on millionaires but worries that a levy increase could hurt the party.
April 25
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President Trump's "big, beautiful bill" extending the expiring provisions of the Tax Cuts and Jobs Act and adding more tax breaks is making progress.
April 24
