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 recent study calculated which U.S. states have the lightest touch when it came to dipping into their residents' pockets.
March 25
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The IRS has been examining only a tiny fraction of tax filings from large partnerships due to staffing shortages and other resource constraints.
March 24
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Sweeping review; year-end procedures; close the book; and other highlights from our favorite tax bloggers.
March 24
Matters Editorial -
Approximately 1.4 million taxpayers have received notices that their tax refunds are being delayed because the IRS wants direct deposit information.
March 24
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The Internal Revenue Service's efforts to leverage artificial intelligence are running into obstacles thanks to the severe cuts in staffing and budgets.
March 24
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For many firms, a technology that was meant to make things better may instead prove to be yet another tax season headache.
March 24
Karbon -
Residents exiting Massachusetts took a net of $4.2 billion in adjusted gross income with them in 2023, one of the largest totals in the country.
March 24
