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.
-
The super wealthy are accustomed to finding ways to shrink their tax bills. But with New York City's new levy, many are learning they might just have to pony up.
June 30
-
The Internal Revenue Service is having trouble keeping track of exactly which other agencies are receiving the data, according to a new report.
June 29
-
There's a safe harbor for gift tax reporting, but the American Institute of CPAs recommends families educate themselves as the accounts go live July 4.
June 29
-
The state budget will be bolstered in part by a newly proposed tax on digital software sales.
June 29
-
The president is escalating pressure on European nations that just ratified a trade pact with the U.S.
June 29
-
The Internal Revenue Service's CI division is getting back to its traditional priorities after it was sidetracked last year into immigration enforcement.
June 26
-
Lulling tactics; up to 152 years in prison; big-ticket items; and other highlights of recent tax cases.
June 26
