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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Mergers and acquisitions are expected to increase in 2013, according to a new survey, with 76 percent of the more than 300 M&A professionals in the U.S. who were polled anticipating that their company will make at least one acquisition in 2013.
January 23 -
The Internal Revenue Service provided advice to taxpayers Wednesday on dealing with the late opening of tax season on January 30 that could also prove helpful to tax preparers.
January 23 -
Unfortunately, recent events make fundamental tax reform, already a heavy lift, much less likely.
January 22 -
While Section 179D of the Tax Code expires at the end of 2013, opportunities exist in two areas: accelerating future projects into 2013 and reviewing projects dating back to Jan. 1, 2006 that resulted in energy savings.
January 22 -
The American Institute of CPAs has written to the leaders of Congresss tax-writing committees asking them to expand the replacement period for property loss for taxpayers affected by Hurricane Sandy.
January 22 -
The Internal Revenue Service reacted Tuesday to the surprise ruling Friday by a federal judge striking down the IRSs authority to regulate tax preparers, shutting down its Preparer Tax Identification Number registration system and its testing system for tax preparers.
January 22 -
Professional services search firm ExpertBids has released its 2012 tax Webpage designed to help small and medium sized businesses across the United States find the right tax accountant free of charge.
January 22