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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Major changes are afoot for companies that want to claim the research tax credit.
February 20
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President Trump intervened in the ongoing budget conflict between House and Senate Republicans just before a key congressional vote.
February 20
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Hegseth's IRS notice; CPA exam questions; spotting cyberattacks; and other highlights from our favorite tax bloggers.
February 19
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The pace of natural disasters seems to be accelerating, prompting taxpayers and preparers to search for ways to deduct catastrophic losses.
February 19
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The Department of Government Efficiency says it has saved $55 billion in federal spending so far, but its website only accounts for $16.6 billion of that.
February 19
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The Treasury Secretary said one person at the Internal Revenue Service "is looking at an outdated IT system, that's all they're doing."
February 19
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The Internal Revenue Service is reportedly planning layoffs of thousands of first-year probationary employees in the midst of tax season as soon as this week.
February 18
