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.
-
The proposed regulations clarify nondiscrimination requirements for employers offering Trump account contribution programs and dependent care assistance.
August 11
-
Crude oil volatility, gas tax holidays, and a handful of states that tie their tax rate to inflation can shift a client's monthly liability by six figures.
August 11
IGEN -
The suing homeowners said the city caused "mass confusion" with its identification of thousands of properties potentially subject to the tax on second homes.
August 11
-
New York City's new pied-à-terre tax is prompting financial advisors to help wealthy clients reassess their options, from residency status to estate plans.
August 10
-
The IRS and the Treasury want taxpayers to take advantage of the federal Saver's Match program for retirement accounts as part of the new TrumpIRA.gov website.
August 10
-
With extensive staffing cuts at the IRS since last year, fresh questions are arising over the usefulness of the CAP program for corporate taxpayers.
August 10
-
The IRS needed a month to process paper tax returns this filing season, double the amount last year, due to staffing shortages and unavailable systems.
August 10
