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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An analysis of tax liens across the U.S. found that New York City, with some of the wealthiest neighborhoods in the nation, was the country’s leading area to be on the receiving end of federal tax liens.
October 24 -
Across the U.S., there were 97 increases in state sales and use taxes, 96 new taxes and nine decreases in the third quarter of the year, according to a new report.
October 21 -
The Internal Revenue Service said Thursday that tax preparers can start renewing their Preparer Tax Identification Numbers for the 2012 tax-filing season.
October 20 -
The Internal Revenue Service said Thursday that many tax benefits for tax year 2012 will increase due to inflation adjustments, including personal exemptions and standard deductions, with tax brackets also widening next year.
October 20 -
CPA2Biz, the American Institute of CPAs’ business unit, will be introducing e-reader publications, a mobile site and mobile apps.
October 19 -
One day after verbally scuffling with fellow GOP Presidential hopeful Mitt Romney, Gov. Rick Perry called for implementing a flax tax in what many saw as a preview of his economic policies.
October 19 -
The Internal Revenue Service is reportedly auditing Google in an effort to learn more about the search giant’s use of foreign subsidiaries to shift profits in the wake of three acquisitions.
October 19