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.
-
Thomson Reuters has introduced a bundled subscription package of its Checkpoint Learning accounting, tax and finance courses.
May 5 -
A bipartisan group of Midwestern state senators introduced legislation Wednesday to update ethanol tax credit policies, but not repeal the tax credit.
May 4 -
The tax-related talk in Washington lately has shifted from overall tax reform to specific fixes like eliminating about $4 billion in tax breaks for major oil companies.
May 4 -
A bipartisan group of senators has renewed the effort to repeal tax credits for ethanol, introducing a bill Tuesday that would fully eliminate the Volumetric Ethanol Excise Tax Credit.
May 3 -
CCH Small Firm Services has transferred its Electronic Filing Center reporting system from an Oracle database to Microsoft technology.
May 3 -
President Obama repeated his demand for Congress to eliminate an estimated $4 billion in tax breaks for the major oil and gas companies.
May 2 -
Thousands of tax credits, deductions and other incentives are hidden throughout the Tax Code. Some, such as the Blender's Credit, are obscure, while others, such as the Earned Income Tax Credit or the various energy credits, are well known.
May 1
