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 largest single variable in housing tax credit pricing is a function of the Community Reinvestment Acts investment test value of a given propertys location, according to a new report.
May 22 -
A group of CPAs headed to Capitol Hill yesterday in what has become an annual ritual as they pressed lawmakers to deal with the many issues that accountants and their clients are forced to wrestle with on a daily basis, including taxes and regulations.
May 22 -
Updated statistics from the IRS show continued growth in e-filing of returns.
May 21 -
Apple Inc. Chief Executive Officer Tim Cook will face off against U.S. senators leveling accusations the iPhone maker has created a web of offshore entities to avoid paying billions of dollars in U.S. taxes.
May 21 -
The Internal Revenue Services Large Business & International division and its Wage and Investment division have teamed up to create a discovery tool for taxpayers with international filing requirements.
May 17 -
New River Innovation has enhanced its Beyond415 WorkCenter and Beyond415 Guidance products, including a simplified user interface, interactive file system, automatically saved documents, and guidance on the core phases of tax practice and procedure work.
May 17 -
The Marketplace Fairness Act, which the Senate passed last week, would require e-commerce vendors to collect sales taxes not only on physical items, but also on digital goods such as ebooks and music downloads.
May 14