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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Taxpayers who are still recovering from the economic downturn will get at least some relief in 2013 by way of the mandatory upward inflation-adjustments called for under the tax code, according to CCH.
September 14 -
With more than 127 million personal information records exposed in 2011, identity theft has led to a flood of fraudulent tax filings, and tens of thousands of honest taxpayers are now subjected to delays in their legitimate refund claims, according to the Internal Revenue Service.
September 14 -
Mitt Romney says he can lower income tax rates by 20 percent without costing the U.S. government revenue and without making the middle class carry a bigger share of the tax load.
September 14 -
Preparing accurate tax returns is still a challenge for all too many participants in the Internal Revenue Services Volunteer Program, according to a new government report.
September 13 -
The House held a hearing Thursday to discuss small business perspectives on the tax cliff, hearing testimony from a representative of the American Institute of CPAs and other witnesses.
September 13 -
Tax technologies concern New River Innovation has released Beyond415 TeamWork, a new product designed to allow large firms to manage post-filing work more efficiently.
September 13 -
A group of small online retailers have launched a coalition to protest against the imposition of laws requiring them to collect sales taxes from customers.
September 13