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.
-
A pair of Democratic senators who chair influential committees have introduced legislation aimed at closing a variety of tax loopholes to reduce the budget deficit.
February 8 -
The Internal Revenue Service has released an expanded version of its smartphone application, IRS2Go, with a new YouTube video feature and additional tax help for taxpayers.
February 8 -
The tax refund delays this tax season could be tied not only to new identity theft detection filters, but also to overly tight business rules written into the IRS’s Electronic Fraud Detection System.
February 7 -
Baby Boomers nearing retirement age will have many factors to consider in choosing where to live in retirement, including state taxes, according to CCH tax experts.
February 7 -
A new app for Apples iPhone relies on data from eBay to estimate the fair market value of goods donated to charity for charitable deductions.
February 6 -
The Internal Revenue Service has debuted an online tool to help low- and moderate-income taxpayers find Volunteer Income Tax Assistance locations where they can get help with their taxes.
February 6 -
A majority of taxpayers are concerned about the security and privacy of their personal and financial information when filing their state and federal tax returns online, according to a new survey.
February 6
