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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Thomson Reuters has released Checkpoint Credits and Incentives Pinpointer, a Web-based tool that helps businesses identify statutory credits and incentives that are available for each industry or location.
November 7 -
CCH Small Firm Services will embark on a seven-city roadshow later this month to demonstrate the improvements made to its ATX 2013 professional tax software.
November 7 -
Senators Robert Menendez, D-N.J. and Pat Toomey, R-Pa., have introduced bipartisan legislation to help entrepreneurs start and grow a small business and comply with complex tax rules.
November 7 -
A new report from the Government Accountability Office examines corporate tax deferral, highlighting the distortionary impact on the economy.
November 7 -
A bipartisan bill has been introduced in the Senate with the goal of simplifying income tax collections for taxpayers who work in multiple states.
November 6 -
A pair of senators have introduced bipartisan legislation that would rescind tax write-offs for illegal corporate behavior in an effort to hold corporate wrongdoers accountable.
November 6 -
The Internal Revenue Service does not always identify potentially mistaken claims for General Business Credits when processing tax returns, according to a new government report that found unsupported claims for the credits totaling $1.3 billion for 2011.
November 6