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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President Barack Obama is expected to propose a new tax rate for millionaires as part of his long-term deficit reduction plan on Monday.
September 19 -
President Obama signed the patent reform bill into law on Friday with provisions outlawing patents on tax strategies.
September 16 -
Taxpayers still trying to cope with the fallout from the recession are expected to get some tax relief next year from mandatory annual adjustments in tax brackets, according to CCH.
September 16 -
Will $447 billion in new taxes help to create jobs, or kill them?
September 15 -
H&R Block has made the decision not to offer refund anticipation loans next year, a result of the RAL business getting a lot harder for tax prep chains to operate in lately.
September 14 -
The National Association of Tax Professionals is asking the Internal Revenue Service to clarify a murky provision in the updated Circular 230 rules that seemingly prohibits registered tax preparers from providing “tax advice” to clients unless they're preparing a tax return.
September 13 -
President Obama released his jobs bill, known as the American Jobs Act, to Congress on Monday, with tax credits for new hires and an expansion of the payroll tax cut.
September 12
