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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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 -
President Barack Obama launched a dialogue with corporate America on Wednesday over business tax reform, offering his first clear plan to cut the corporate tax rate, with little prospect of it becoming law in an election year.
February 22 -
The Obama administration unveiled a set of proposals for business tax reform on Wednesday aimed at lowering the corporate tax rate to 28 percent from a high of 35 percent, while eliminating dozens of tax loopholes and subsidies.
February 22 -
A nonprofit group representing the interests of U.S. citizens living overseas met with congressional staffers to push for a residence-based taxation system.
February 21