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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Plus, Xero announces XeroForce custom AI agent builder; Emburse releases new AI purchasing agent; and other news and updates from the accounting tech world.
May 15 -
California Governor Gavin Newsom is proposing a new tax on cloud-based software sales, turning to the technology sector for billions of dollars in new revenue.
May 15 -
The proposed tax would be levied at 1% of the purchase price and would be paid by the buyer.
May 15 -
Ghost payroll; non-existent businesses; save you from paying; and other highlights of recent tax cases.
May 14 -
The Financial Accounting Standards Board decided to add several projects to its technical agenda.
May 14 -
The administrative approach to R&D credits needs to shift away from the current once-a-year scramble within companies.
May 14
Taxnova -
The industry framing of "what can AI do?" is mismatched with how AI is deployed today, and the conclusions can leave firms a tax season behind their peers.
May 14
Accrual








