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 Internal Revenue Service has opened the 2011 tax season by announcing that taxpayers have until April 18 to file their tax returns as a result of a Washington, D.C., holiday.
January 5 -
National Taxpayer Advocate Nina E. Olson released her annual report to Congress on Wednesday, focusing on the need for tax reform as the No. 1 priority in tax administration.
January 5 -
Every few years, as regularly as clockwork, Washington starts talking about “simplifying” the Tax Code.
January 4 -
The Tax & Accounting business of Thomson Reuters has released an updated version of its tax software to reflect a recent hike in the United Kingdom’s value-added tax.
January 4 -
The American Institute of CPAs has written a letter to IRS Commissioner Douglas Shulman urging more flexibility in implementing mandatory electronic filing of tax returns by tax preparers in 2011 for individuals, trusts and estates.
January 4 -
Democratic and Republican lawmakers are gearing up for a fight over a bill that would repeal health care reform and the tax credits associated with the law.
January 4 -
The House Republican leadership plans to introduce rule changes that would make it harder for Congress to pass tax increases or close tax loopholes.
January 3
