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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Berkshire Hathaway chairman Warren Buffett hinted in his annual letter to shareholders that the holding company’s nearly 18,000-page tax return may merit the attention of the Guinness Book of World Records.
February 27 -
The Middle Class Tax Relief and Job Creation Act of 2012 may be the last piece of tax legislation well see this year.
February 23 -
Tax refunds amounting to over $1 billion are awaiting an estimated 1 million people who still have not filed a federal income tax return for 2008.
February 23 -
More than half of small businesses may not have optimal retirement plans, according to a new survey.
February 23 -
The National Small Business Association is warning that some of the tax proposals in President Obama’s business tax reform framework could hurt small businesses.
February 23 -
President Obama has signed into law an extension through the end of the year of the payroll tax cut, unemployment benefits, and the so-called doc fix to prevent Medicare physician reimbursement rates from plunging.
February 23 -
A tax attorney is warning taxpayers with severe disabilities and their preparers to be careful with how they report lump sum Social Security disability payments on their income tax returns this season.
February 22
