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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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 -
The Internal Revenue Service reported Monday that the number of completed Advance Pricing Agreements, in which the IRS and multinational corporate taxpayers work out voluntary agreements on transfer pricing, fell last year as the agency coped with reorganization and personnel shifts.
April 2 -
From now through April 13, Intuits Accounting Professional Division will host a series on its Lacerte and ProSeries Live Community Web pages in which Intuit experts address customers product and general tax questions.
April 2 -
Columnists Jones and Luscombe examine the tax treatment of frequent flier and rewards plans
April 1