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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National Taxpayer Advocate Nina E. Olson has identified the priority issues the Taxpayer Advocate Service will focus on during the upcoming fiscal year.
June 27 -
Sen. John McCain, R-Ariz., has a novel idea. Instead of allowing $500 billion of cuts in the defense budget to go forward as part of last years deficit reduction deal, he wants to use money saved from closing tax loopholes.
June 27 -
KPMG LLP has launched a new service, Operational Transfer Pricing, to help multinational companies better navigate the growing risks they face with intercompany transactions internationally.
June 25 -
Leaders of the Senate and House committees charged with tax policy plan to hold a rare joint hearing next Thursday on tax reform and the tax treatment of capital gains.
June 22 -
Im no fan of complexity, in taxes or any other area. But, as in most situations, theres a silver lining.
June 21 -
The Internal Revenue Service needs to do a better job of estimating its staffing needs for implementing the Affordable Care Act, according to a new government report.
June 21 -
A group of Democrats on the House Ways and Means Committee have introduced a bill to extend 100 percent bonus depreciation through 2012 to encourage capital investments and job growth.
June 21
