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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Education tax credits can help offset the costs of higher education for yourself or a dependent.
February 17 -
How much, if any, of your Social Security benefits are taxable depends on your total income and marital status.
February 17 -
A former attorney at BDO Seidman has pleaded guilty to tax evasion and tax fraud charges in connection with a tax shelter scheme.
February 17 -
President Barack Obama signed the massive $787 billion stimulus bill into law in an effort to boost the economy out of a deep recession.
February 17 -
The Illinois CPA Society is suggesting that couples have a heart-to-heart talk on Valentine’s Day about a topic that’s been making the rounds these days: money.
February 13 -
House and Senate leaders made last-minute adjustments to the economic stimulus package as the final bill headed for a vote.
February 13 -
The amount of taxes owed to the U.S. government from cross-border transactions by U.S. and foreign citizens and businesses is murky, according to a new report, but could be as high as $123 billion.
February 13