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.
-
The U.S. reportedly plans to sign an agreement with the government of Liechtenstein that will help put a stop to the use of the small European principality as a tax haven.
December 4 -
A federal grand jury in New York has indicted four people in a scheme to claim false income tax refunds using the identities of clients of two New York City agencies.
December 3 -
Tax attorney Roni Deutch has written an open letter to the Internal Revenue Service criticizing the agency's offer in compromise program, which is supposed to help taxpayers settle their debts.
December 3 -
The U.S. Treasury Department has signed a protocol updating the current income tax treaty between the U.S. and New Zealand.
December 3 -
December's a perfect time for accountants to check their lists twice to make sure they have all their bases covered before busy season starts cranking.
December 3 -
As President-elect Barack Obama continues to name members of his cabinet who will have to quickly deal with pressing national and economic security issues, people are beginning to wonder if he will be able to fulfill the promises he made in his campaign.
December 3 -
A federal grand jury has indicted a man after he crashed a motor vehicle twice into the side of a building that contains the offices of both the Internal Revenue Service and the Small Business Administration.
December 2