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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Free File program; state tax changes; college costs climbing; and other highlights from our favorite tax bloggers.
February 17
Matters Editorial -
The Trump administration's interim guidance on clean energy tax credits offered some relief to the industry by laying out a manageable path for new projects.
February 17
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The IRS can broaden the audit, and, in the wrong fact pattern, frame the issue as deliberate concealment rather than poor recordkeeping.
February 16
The Tax Law Offices of David W. Klasing -
Halfpricesoft, an accounting and payroll solutions provider, updated its ezW2Correction software to assist with file corrections for 2015 to 2025 tax forms.
February 16 -
The Institute is asking the Treasury and the Internal Revenue Service to simplify the "determine and document" requirement for taxes charged to CFCs.
February 16
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The Joint Chiefs of Global Tax Enforcement issued a pair of advisories on how OTC crypto trading desks and payment processors can hide criminal activity.
February 16
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New proposals in seven states could soon subject over half of all U.S. millionaires to targeted high-earner tax rates.
February 13
