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.
-
The Internal Revenue Service has released the annual inflation adjustments for 2013, including the tax rate schedules and other tax changes from the recently enacted fiscal cliff legislation with its new tax rate of 39.6 percent and permanently patched Alternative Minimum Tax.
January 11 -
Most tax preparers have heard by now of Skype or one of the similar video-conferencing services -- and some have tried such services, and report success when connecting with long-distance clients --some of whom the preparers have never even met.
January 10 -
The Internal Revenue Service stated on Tuesday that they will begin processing individual tax returns on Jan. 30, 2013, marking the official beginning of tax season for tax professionals.
January 10 -
CCH has issued a new report looking back at the year in tax, summarizing the major developments up to and including the fiscal cliff legislation that was passed by Congress on New Years Day.
January 10 -
Avalara has acquired UPC code taxability database UPC Matrix Master, which adds in a multi-state, product database that maintains taxability information for more than 10 million products in thousands of tax jurisdictions across the U.S.
January 10 -
Fresh from year-end tax planning meetings with clients, weve identified four areas where great tax planning and great financial planning collide, specifically for people accumulating wealth.
January 9 -
The IRS has posted a list of 30 additional tax forms that 1040 filers can begin filing in late February or into March.
January 9