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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The Senate passed a patent reform bill on Tuesday that contains provisions banning patents on tax strategies.
March 8 -
The Senate Finance Committee held hearings Tuesday to consider the Tax Code’s effect on job creation and economic growth.
March 8 -
The Internal Revenue Service has undercut the effectiveness of its electronic filing mandate because of the legal interpretation of the word “file,” according to a new government report.
March 7 -
President Obama credited the tax cut extension deal he forged with Congress for helping to turn around the unemployment problem.
March 7 -
H&R Block has teamed up with the mobile personal finance service Pageonce to provide a tool that allows do-it-yourself filers to track the status of their tax refunds from a mobile device.
March 7 -
The accounting profession’s drive for a more predictable and user friendly Federal Tax Code seems to be gaining traction with at least one segment of Congress: the freshly-elected corps of Tea Party activists and their conservative allies in the House and Senate.
March 7 -
Nearly 19 million tax returns have been filed with the Internal Revenue Service from home computers so far this year, an increase of almost 6 percent compared to the number of returns from the same time last year, the IRS said Friday.
March 4