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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A majority of banking executives believe they will have a difficult time addressing the tax implications of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Basel III accords, according to a new survey.
May 26 -
The American Institute of CPAs held its annual ritual this week of visiting lawmakers’ offices on Capitol Hill to press the case for tax simplification, a ban on tax patent strategies, changes in tax-filing due dates, and other legislative priorities.
May 25 -
The House Ways and Means Committee held a hearing Tuesday on how other countries have used tax reform to help their companies compete globally.
May 25 -
The National Society of Accountants has begun offering a new self-study course to prepare for the exam that the Internal Revenue Service will require all registered tax return preparers to pass.
May 24 -
The Justice Department has filed an antitrust lawsuit to prevent H&R Block from acquiring the company that develops the tax software TaxAct.
May 23 -
The American Institute of CPAs kicked off its 2011 Spring Meeting of Council on Sunday with a discussion of the Institute’s legislative priorities.
May 23 -
A bipartisan pair of U.S. senators from Florida, Democrat Bill Nelson and Republican Marco Rubio, have introduced a bill that would simplify the tax-filing requirements of senior citizens.
May 19