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 American Institute of CPAs has introduced a Web-based calculator to help individuals estimate the total amount of taxes they pay every year for the most common federal, state and local taxes.
May 15 -
Identity theft protection company LifeLock is reaching out to the Internal Revenue Service and offering technology to protect taxpayers against the threat of tax fraud.
May 11 -
In a move apparently designed to limit his U.S tax liabilities, Eduardo Saverin, a co-founder of Facebook, has renounced his U.S. citizenship prior to the company going public.
May 11 -
Maybe we need tax education as well as tax reform. No matter how simple the Tax Code becomes, it might not be simple enough.
May 10 -
Small business owners ranks Idaho and Texas as the most business-friendly states, with Oklahoma City and Dallas-Ft. Worth taking top honors among cities across the nation, according to a new survey.
May 9 -
Banking executives are predicting that the majority of banks will miss the deadlines for complying with new requirements under the Foreign Account Tax Compliance Act for reporting on foreign bank accounts and assets held by U.S. taxpayers.
May 9 -
A pair of Democratic lawmakers have introduced a bill aimed at reducing taxes for businesses that move jobs back to the U.S.
May 9
