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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There werent a lot of surprises in the Presidents Budget, set at $3.9 trillion for fiscal year 2015, which was released on March 4.
March 6 -
The Internal Revenue Service reported Thursday that more than 48 million tax refunds had been issued by the end of February, a 5.6 percent increase compared to the same period last year, with the size of the average tax refund also up.
March 6 -
The Internal Revenue Service has created a new video for YouTube that aims to provide useful tax tips for married same-sex couples.
March 6 -
The Internal Revenue Services Low Income Taxpayer Clinic Program Office has issued its second annual program report on how LITCs help thousands of low-income taxpayers across the country with pro bono representation, education and advocacy services.
March 5 -
President Obama released his budget plan on Tuesday, with proposals for expanding a number of tax breaks along with the budget of the Internal Revenue Service.
March 4 -
The Internal Revenue Service is providing advice to taxpayers and tax preparers this tax season on the various tax credits and tax-related provisions under the Affordable Care Act.
March 4 -
President Barack Obamas budget will propose tax cuts for low-income families, a retirement savings plan and ask Congress to make permanent certain tax breaks to offset the cost of higher education.
March 4
