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 taking steps to discourage tax preparers and other taxpayer representatives from dropping off completed tax returns at its local Taxpayer Assistance Centers instead of mailing or electronically filing them.
February 27 -
Boomer Consulting and Engineered Tax Services have teamed up to introduce The Specialty Tax Circle to help firms improve their growth and profitability by leveraging specialty tax services.
February 27 -
CCH plans to introduce a new Open Integration Platform to enable customers and outside vendors to integrate their applications and customized software with CCHs cloud system.
February 27 -
A Silicon Valley-based CPA is warning taxpayers and their accountants to begin planning for the tax increases that are set to take effect next year unless the current tax rates are extended by Congress and President Obama.
February 27 -
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
