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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The U.S. Departments of Treasury and Education are partnering with accounting and tax software developer Intuit to raise awareness of income-driven repayment plans and other repayment options for federal student loan borrowers.
January 24 -
While many taxpayers look forward to filing season as the time they can get free money in the form of their tax refund, those with more complex returns are focused as well on avoiding situations that might lead to an audit.
January 23 -
The Republican National Committee plans to hold a vote Friday on a resolution calling for the repeal of the Foreign Account Tax Compliance Act.
January 23 -
Employers remain in a holding pattern through 2014 regarding a provision of the Affordable Care Act that the Internal Revenue Service is not yet enforcing.
January 23 -
The IRS Return Preparer Office has updated total numbers of federal return preparers who hold PTINs.
January 23 -
A coalition of a half dozen business organizations, including the American Institute of CPAs, have banded together to express their opposition to a proposal from the Senate Finance Committee to require businesses to use the accrual method of accounting for tax purposes.
January 22 -
Refundo, a provider of low-cost tax-related bank products, has inked a deal with socially responsible San Francisco-based lender LendUp to couple short-term loans with Refundo's refund-processing platform for tax professionals.
January 22
