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 the FATCA Essentials library as part of its Checkpoint online research service, providing information on the Foreign Account Tax Compliance Act.
September 16 -
As tax reform efforts resume in Washington this month, a new survey finds that over 70 percent of business tax professionals believe a detailed tax reform plan will begin to be worked on by the House Ways and Means Committee this year, and nearly 50 percent of the respondents think a tax reform plan will be put forward in the Senate.
September 13 -
Visitors to the Crystal Bridges Museum of American Art in Bentonville, Arkansas, leave appreciative notes on a glass wall near the entrance.
September 13 -
The Congressional Budget Office is seeing a $400 billion reduction in the federal governments budget deficit for the current fiscal year, thanks to increased tax revenues due largely to the expiration of the payroll tax cut.
September 11 -
Awareness of the implications of the Foreign Account Tax Compliance Act, also known as FATCA, is growing.
September 10 -
The Group of 20 world leaders issued a declaration last week calling for a crackdown on cross-border tax evasion.
September 10 -
The leaders of Congresss two tax-writing committees have continued their tax reform road show tour with a stop in Memphis, Tenn.
September 9