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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The Internal Revenue Service did not work effectively on over a quarter of the cases involving delinquent taxes of between $100,000 and $1 million, and in some cases simply dropped them, according to a new report.
February 12 -
Online bookkeeping service IAC-EZ is offering one month’s free use of its online software and free tax filing for a few lucky small business entrepreneurs.
February 12 -
The Internal Revenue Service has charged PGA champion golfer Jim Thorpe with income tax evasion for failing to pay $1.6 million in back taxes.
February 12 -
When filing a 2008 federal tax return, taxpayers will need to know the amount of their economic stimulus payment to properly determine if they are eligible for a recovery rebate credit.
February 12 -
Did you get your W-2? These documents are essential to filling out most individual tax returns. You should receive a Form W-2, Wage and Tax Statement, from each of your employers each year.
February 12 -
If the patch for the alternative minimum tax is going to be one of the hurdles holding up reconciliation of the House and Senate versions of the stimulus bill, let’s get rid of it.
February 11 -
CCH has signed a deal with the American Institute of CPAs to sell and distribute AICPA publications to the undergraduate and graduate college market.
February 11