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 is making progress toward its goal of processing tax returns on a daily basis, according to a new report.
August 28 -
As schools prepare to reconvene across the country, tax preparation chain Jackson Hewitt Tax Service is reminding taxpayers of a number of education-related tax credits and deductions.
August 27 -
Republican presidential candidate Mitt Romney and his wife, Ann, have used sophisticated estate- planning techniques for more than a decade to minimize taxes and amass at least $100 million for their family outside of their estate.
August 27 -
Three Republicans from the House Committee on Oversight and Government have written a letter to IRS Commissioner Doug Shulman demanding he explain a recent rule that would extend tax credits to individuals who buy health insurance from an exchange set up by the federal government when their state has failed to set up such an exchange.
August 23 -
CCH has released a special tax briefing providing guidance and analysis of the Internal Revenue Services temporary regulations for repairs of tangible property and how they may require companies to change their accounting methods.
August 23 -
The Internal Revenue Service is offering a sneak preview of its revamped Web site, which is slated to go live at the end of the month.
August 22 -
Intuit Inc. posted fourth quarter revenue of $651 million, up 14 percent from a year ago, with 64 percent of its overall revenue coming from connected services, compared to 50 percent during the year-ago period in 2011.
August 22