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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President Donald Trump outlined his tax priorities in a meeting with Republican lawmakers, including expanding the state and local tax deduction.
February 7
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Trump told GOP lawmakers he wants to end the carried interest exemption used by private equity fund managers and venture capitalists around the country.
February 7
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Startup shut down; healthy, wealthy and crooked; won't ever stand the strain; and other highlights of recent tax cases.
February 6
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Decentralized finance companies are breathing a sigh of relief after the Treasury and the Internal Revenue Service gave them a two-year delay on reporting.
February 6
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The head of the National Treasury Employees Union calls the move a "bait-and-switch."
February 6
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As clients' businesses evolve, it sometimes makes sense for them to change how their companies are taxed.
February 6
CorpNet.com -
When Elon Musk's team gained access to the computer network where data of nearly every American is stored, it caused alarm across the country.
February 6
