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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Automated sales tax solutions provider SpeedTax and CPA and business advisory firm Wipfli have partnered in a venture to deliver SpeedTax’s software-as-a-service sales tax applications to Wipfli’s Microsoft Dynamics GP customers.
March 11 -
An Arizona tax preparer has been charged with diverting thousands of dollars’ worth of his clients’ tax refunds to his own bank account.
March 11 -
The Internal Revenue Service has begun offering self-assistance options at some of its offices that give taxpayers limited access to computers and phones so they can reach the IRS’s Web site and toll-free phone lines without waiting in a long line, but those efforts can still be frustrating.
March 11 -
An Ohio CPA urges the National Taxpayer Advocate to lobby elected officials to do their own taxes.
March 9 -
Tennessee Governor Phil Bredesen has tapped a CPA, Charles L. Harrison, to lead the state’s “implementation” of the stimulus funding it receives.
March 9 -
Michigan CPA firms Frank & Freedman and Hirsch, Subelsky & Associates have merged to form Frank, Hirsch, Subelsky & Freedman.
March 9 -
There is an additional standard deduction for those who don’t qualify to itemize their tax deductions, but who do pay state or local real estate taxes, according to the Internal Revenue Service. This deduction is available for the 2008 and 2009 tax years.
March 9