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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President Obama has launched a new initiative to fund small business entrepreneurs known as Startup America, which sounds like something that might better belong on Sand Hill Road in Silicon Valley than on Pennsylvania Avenue in Washington.
February 1 -
While the late December tax cut extension slowed down the beginning of tax season for some, it brought a welcome degree of certainty to the tax landscape.
February 1 -
Now that the drama has ended and year-end legislation to extend the Bush-era tax cuts has been enacted, work remains for those "in the trenches" to sort out appropriate reactions. For most businesses, the response will be multifaceted.
February 1 -
CCH has integrated its ProSystem fx Tax software with its Web-based Global Integrator system.
January 31 -
Jackson Hewitt Tax Service filed a lawsuit Monday against H&R Block claiming that Block is disseminating “false, misleading and highly disparaging advertising claims about Jackson Hewitt.”
January 31 -
The Obama administration proposed permanently eliminating capital gains taxes on some types of small business investments held for over five years.
January 31 -
Online tax preparation site FreeTaxUSA said it now supports all 42 states with a state income tax.
January 30