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 House narrowly passed a jobs bill aimed at reducing unemployment, but the legislations prospects are uncertain in the Senate.
December 18 -
Economic uncertainty, coupled with the possibility of higher tax rates, has driven taxpayers to seek more face time with their accountants.
December 17 -
An income tax treaty between the United States and Italy has taken effect after a decade-long delay.
December 17 -
IMGCAP(1)]The IRS is conducting a sweep of real estate investors that challenges deductions investors have been taking as a routine part of business for years. The sweep is based on an IRS belief that there is a compliance gap in this area.
December 16 -
CCH has issued a Special Tax Briefing on the Tax Extenders Act of 2009 that was approved this month by the House.
December 15 -
On my first trip to India over six years ago, I witnessed innovative tax return processing strategies. These involve concepts foreign to many tax partners and staff involved in the preparation of individual and business tax returns.
December 14 -
The surge in projected government spending, coupled with diminishing sources of revenue, raises the probability that lawmakers may look toward a value-added tax to close the gap.
December 14
