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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It might seem strange, pairing the phrase “love fest” with the AICPA Fall Council meeting, but I tell you, the lovely and heartfelt moments were flowing as freely as the wine and margaritas at the opening reception.
October 28 -
States are getting pounded by the economy, with tax collection revenues in the third quarter among the worst in years, according to a new report.
October 27 -
The Internal Revenue Service has withdrawn a tentative assessment of more than $319 million in tax penalties against FedEx.
October 26 -
CCH Small Firm Services, part of Wolters Kluwer Tax and Accounting, has acquired IntelliTax, a tax software company formerly known as Orrtax Software Solutions.
October 26 -
An attorney for New York Governor David Paterson's chief of staff has attributed his client's neglect in filing tax returns between 2001 and 2005 to "failure-to-file syndrome."
October 23 -
The Internal Revenue Service said that more than 279,000 economic stimulus checks, totaling about $163 million, and over 104,000 regular refund checks, totaling about $103 million, have been returned by the U.S. Postal Service due to mailing address errors.
October 23 -
Payroll processor PayCycle said its 1099 MISC E-File service would be open for accounting professionals serving small business clients starting Jan. 1, 2009.
October 23