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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Financial Web application and database software company NetWorth Services has released 8949 Verifier, a Web-based application designed to allows tax professionals to examine their clients 8949 forms instantly for accuracy prior to filing them with the IRS.
March 14 -
The Internal Revenue Service has introduced an online search tool that will allow the public to easily check on information about tax-exempt organizations, such as charities and other nonprofits.
March 14 -
An amendment to a highway transportation bill that would have extended expired tax credits such as the Research and Experimentation Credit in exchange for freezing the salaries of federal employees for another year has gone down to defeat in the Senate.
March 13 -
CBIZ has acquired a six-member state tax consulting group from the firm Dow Lohnes Price.
March 12 -
The Senate has unanimously approved a provision to a highway transportation bill that would revoke the passports of people with seriously delinquent tax debts.
March 12 -
The Internal Revenue Service has begun providing the initial set of test results and certificates to tax preparers who have registered for the new tax return preparer competency test.
March 9 -
Anxious taxpayers awaiting their delayed tax refunds are in some isolated cases taking out their frustrations on their tax preparers.
March 9