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 emotionally and financially taxing process of a separation demands careful planning, multifaceted form-filing to the IRS and, probably, an advisor for each spouse.
January 16
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Treasury Secretary nominee Scott Bessent warned of an economic crisis that will hammer middle- and working-class people if the 2017 tax cuts aren't extended.
January 16
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The Internal Revenue Service released guidance on the tax treatment of contributions and benefits from state paid family and medical leave programs.
January 16
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Most Biden administration tax proposals weren't adopted by Congress, including an idea to tax the unrealized gains of billionaires.
January 16
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The outgoing Treasury Secretary warned that plans by the incoming administration could worsen an already challenging fiscal outlook.
January 16
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The latest data on revenue growth for CAS practices, statistics from IRS Criminal Investigation for the full year of 2024, and other major metrics.
January 16
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The IRS and the Treasury Department issued proposed regs and reporting requirements for multiyear corporate separations and a draft form.
January 15
