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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Former President Bill Clinton stood alongside President Barack Obama at a news conference and endorsed Obama’s deal with congressional Republicans to extend the Bush-era tax cuts and unemployment benefits.
December 12 -
Senate Majority Leader Harry Reid, D-Nev., has introduced a bill to extend the Bush tax cuts and unemployment benefits.
December 10 -
House Democrats met Thursday and overwhelmingly voted to block the Bush tax cut extension compromise announced earlier in the week by President Obama and Republican congressional leaders.
December 10 -
President Obama’s announcement on Monday of a compromise agreement with the Republican leadership should bring some end-of-year certainty to the tax landscape, but questions remain.
December 9 -
Edward S. Karl, vice president of taxation for the American Institute of CPAs, will host the U.S. Small Business Administration’s year-end tax-planning Web chat on Thursday.
December 9 -
The Tax & Accounting business of Thomson Reuters is launching its first-ever series of federal tax eBooks, the first of which will be released on Friday.
December 8 -
President Obama held a news conference in which he sought to quell criticism from lawmakers from his own party of the deal he had struck with Republicans to preserve the Bush tax cuts even for upper-income earners for two more years.
December 8
