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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A bill signed into law by New York State Governor David Paterson provides an exemption from the state's new tax preparer registration requirements for CPAs, including those who hail from outside the state.
January 11 -
The economic crisis and the downfall of the real estate market spurred a slew of tax law changes that will impact the upcoming filing season.
January 11 -
Tax return preparers who claim inflated personal or business expenses, false deductions, unallowable credits or excessive exemptions on returns prepared for their clients are a major concern for the Internal Revenue Service during the upcoming filing season, according to a spokesman for the service.
January 11 -
While the shape of tax policy remains uncertain in some areas - at press time, Congress was considering a wide range of tax bills, including changes to the estate tax regime, and the extension of a number of tax credits and deductions, among other things - there are a few areas of certainty.
January 11 -
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The ongoing economic downturn offers accountants the opportunity to extend their reach and help their clients at a time when they are most needed.
January 11 -
The Obama administration is handing out $2.3 billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy projects to provide jobs across the U.S. after announcing a disappointing employment report for December.
January 8
