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 new report by the Government Accountability Office on last tax-filing season suggests the Internal Revenue Service beef up its enforcement efforts while it processes returns.
January 13 -
A survey of over 1,000 U.S. adults found that most of them could not answer basic tax questions.
January 13 -
CCH has introduced an online service that promises to offer tax professionals a way to get faster access to client documents from the Internal Revenue Service.
January 13 -
An internal revenue agent has sued the IRS for firing her after she insisted on wearing a ceremonial knife on the job.
January 12 -
The latest economic stimulus plan advanced by the incoming administration may approach $1 trillion, with $300 billion in tax cuts or refunds.
January 12 -
The Private Company Financial Reporting Committee met with the Financial Accounting Standards Board to discuss some of the problems that led to deferring controversial rules for accounting for uncertainty in income taxes.
January 12 -
College students attending an Ernst & Young tax career event acknowledged they are seeing more interest on campus in accounting as jobs in the financial industry dry up.
January 9