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.
-
CCH has updated its ProSystem fx Tax solution with new, integrated CCH eSign functionality in response to the IRS's recent change to Form 8879.
March 12 -
Many individual tax returns select a third-party designee, but even though this designation is widely used, its scope is often misunderstood.
March 11 -
Policy makers on both sides of the partisan divide, from Treasury Secretary Jacob J. Lew to Mitt Romneys economic adviser Glenn Hubbard, favor expanding the Earned Income Tax Credit. This rare harmony holds the potential to reshape the debate on bridging the growing opportunity gap.
March 11 -
Charitable donations typically drop off after the surge at the end of the year, and soon after that clients can compile their list of their contributions from the previous year so they can provide this information to their accountants.
March 10 -
H&R Block has launched a series of YouTube music videos featuring various musicians singing about the excitement of getting a tax refund.
March 10 -
The Internal Revenue Service reminded home-based businesses and their tax preparers Friday about a new simplified option for claiming the home office deduction that is available for the first time this year, allowing home businesses to deduct up to $1,500 from their taxes.
March 7 -
Check out the digital edition of the March 2014 issue of Accounting Today.
March 7