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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Internal Revenue Service Commissioner Doug Shulman described in a speech Thursday how the agency is using information from its tax preparer regulation initiative to identify practitioners who are showing patterns of tax fraud.
April 5 -
Intuit has added new features to its iPhone app, Intuit Tax Online Mobile, including the ability for accountants to filter their client list and email PDF versions of tax returns to their clients securely.
April 5 -
The National Society of Accountants has begun providing an online webinar program to help tax preparers get ready for the Internal Revenue Service’s new tax preparer exam.
April 5 -
President Obama lashed out at the Republican budget plan passed last week by the House and endorsed by Mitt Romney.
April 4 -
States are cracking down on software and devices that help businesses cheat on taxes at the cash register.
April 4 -
The Internal Revenue Service said Tuesday that taxpayers who are unable to file their taxes by the April 17 deadline can still use its Free File facility to apply for a six-month extension.
April 3 -
About 11 million homeowners owe more than their homes are worth, according to real estate data firm CoreLogic, and while taxes may not be the first thing they think about in deciding what to do, all the various options have tax consequences.
April 3