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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Recent conversations in the nonprofit world increasingly surround "good governance" within nonprofit organizations. For years, many looked at good governance as board members contributinglarge sums of money to their organizations, while also making sure thatthe particular organization is following its mission.
October 21 -
Eighty-three percent of companies have experienced an increased number of audits due to state and local tax revenue shortfalls, according to a new survey.
October 21 -
Volunteers who prepare tax returns for free through the IRSs Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs prepared nearly half the returns inaccurately, according to a new report.
October 21 -
CCH has introduced IRC/Multistate Personal and Corporate Income Tax Comparison Smart Charts on its CCH IntelliConnect Research Service.
October 20 -
For those who question the relationship between shortsighted tax policy and the economy, consider the possible consequences of taxing carried interest.
October 15 -
The Senate Finance Committee has approved its long-awaited version of the health care reform bill by a 14-9 vote.
October 13 -
There continue to be rumblings that Congress may repeal the LIFO accounting method for inventory.
October 8
