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 Internal Revenue Service said Tuesday that its Modernized e-File Production system is taking longer to generate federal acknowledgments for tax return filings.
March 5 -
The Internal Revenue Service said that budget sequestration would require reductions in refundable credits for certain tax-exempt bonds and the refundable portion of the Small Business Health Care Tax Credit for some small tax-exempt employers.
March 5 -
The Internal Revenue Service said Monday that its systems are operational for all remaining individual and business tax returns.
March 4 -
President Obama said that he hoped to work with members of both parties in Congress to stop the damaging impact of the $85 billion in automatic spending cuts that officially began on Friday.
March 4 -
A late start to tax season leaves tax prep -- and planning -- in limbo
March 1 -
The number one concern of leading business tax executives for the year ahead is that in light of the current political and fiscal environment, Congress will enact revenue offsets to fund other legislative initiatives rather than make the U.S. tax system more competitive.
February 28 -
The Internal Revenue Services risk assessment process does not provide a reliable assessment of the risk of the improper payments in the IRSs revenue funds, according to a new report.
February 28
