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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CCH has enhanced its IntelliConnect tax and accounting research service with a Categorized View that allows results to be viewed according to document type.
June 2 -
The House Ways and Means Committee heard from a panel of corporate finance executives during a hearing on how business tax reform can encourage job creation.
June 2 -
Late legislation, a hold on e-filing Schedule A returns and a later deadline for delivery of Form 1099s were among the factors that caused the past tax season to be more compressed than usual.
June 1 -
An agreement to raise the debt ceiling in Congress appears to be linked increasingly to a deal to cut both taxes and Medicare spending.
June 1 -
Jackson Hewitt Tax Service filed for Chapter 11 bankruptcy, but said it has reached a definitive agreement with its secured lenders on a restructuring plan.
May 26 -
A coalition of Republican and Democratic lawmakers has introduced a trio of bills aimed at protecting access to medical marijuana under tax and banking laws, and changing the existing laws to reflect the medical efficacy of marijuana.
May 26 -
House Republicans introduced a 10-page document outlining their “Plan for America’s Job Creators Agenda,” including lowering the top tax rate for businesses and individuals from 35 to 25 percent and reforming the Tax Code to encourage U.S.-based businesses to repatriate their overseas profits.
May 26