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 Internal Revenue Service is warning senior citizens, working families, church members and other potential victims to beware of an emerging tax scam that tempts them into filing fraudulent tax returns claiming bogus refunds.
March 2 -
On April 1, the tax rate for U.S. corporations will go from second highest to the highest tax rate in the world. That’s when Japan will lower its rate by five points from its current 39.5 percent.
March 1 -
Senator Carl Levin, D-Mich., has proposed closing a tax loophole that would give Facebook an estimated $3 billion tax break on stock options for CEO Mark Zuckerberg.
March 1 -
Filing season seems to get tougher each year for both accountants and taxpayers as they head into crunch time.
March 1 -
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The release of tax returns of presidential candidates has again brought popular media coverage of the issue of what is reasonable compensation for S corporation shareholders.
March 1 -
If FATCA isn't keeping you awake at night, it should be, according to practitioners. Ditto for FBAR.
March 1
