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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Both the House and Senate approved President Barack Obamas $3.4 trillion spending plan on his 100th day in office, but largely along party lines.
April 29 -
It seems almost obligatory to write a story about the 100th day of the Obama administration, but when youre in the news business, you ignore these kinds of artificial milestones at your own peril.
April 29 -
A large majority of CFOs and senior controllers intend to take advantage of the bonus depreciation provision included in the economic stimulus bill, according to a survey by Grant Thornton.
April 28 -
H&R Block reported that the total number of tax returns prepared as of April 15 fell by 667,000, or 3.1 percent, compared to last year, excluding economic stimulus filers, but Block still earned a record amount on fees.
April 27 -
Recovering from a stressful tax season can provide a much needed breather for accountants, but one medical expert has some advice they can use year-round.
April 21 -
The Treasury Departments Inspector General for Tax Administration is urging the IRS to ensure better compliance by tax-exempt organizations that dont file their tax returns.
April 20 -
