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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Edvard Munch, the painter of The Scream, was no big fan of the Norwegian tax authorities.
May 9 -
State tax officials are expanding their concept of what constitutes a taxable economic presence in their state as more economic activity moves online.
May 8 -
Sage North America has partnered with cloud-based sales tax automation service provider Avalara to form the Accountants Resource Center for Sage Accountants Network members.
May 8 -
Uncertainty lingers over whether Congress will extend all or some of the tax cuts and incentives set to expire at the end of the year.
May 7 -
The Internal Revenue Service saved approximately $10.2 million in equipment costs in fiscal year 2011 by implementing virtual server technology, according to a new government report.
May 7 -
The General Services Administration is now coming under scrutiny for offering government contractors a tax deduction in exchange for giving the agency 19 percent of the money from the tax break.
May 4 -
The Tax Code has contributed to rising income inequality in recent decades as middle- and lower-income Americans have seen their incomes stagnate while the wealthiest have experienced staggering income growth, according to a new report.
May 3