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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Investment banking firm Duff & Phelps has entered into a global alliance with World Tax Service Alliance and acquired WTS's U.S. member, World Tax Service U.S., for an undisclosed sum.
July 17 -
VSP Vision Care has hired former U.S. Solicitor General Ken Starr to represent the eye care insurance provider in an appeal to the U.S. Supreme Court on its tax-exempt status.
July 16 -
The Internal Revenue Service's process for collecting unpaid taxes is overly complicated and delayed, according to a new report by the Government Accountability Office.
July 16 -
Thomson Reuters' Tax & Accounting business has added OneSource Entity Manager to its line of OneSource Tax software.
July 16 -
John K. Harris founded JK Harris & Co. in 1997 and it quickly grew into one of the country's largest tax representation firms, helping people who are in trouble with the Internal Revenue Service.
July 16 -
As a Senate subcommittee and the Internal Revenue Service probe the use of Swiss bank accounts as tax havens by UBS, Sen. Carl Levin, D-Mich., has called for revoking the U.S. banking license of UBS.
July 16 -
The taxes paid by U.S. consumers are rising higher overall at gas pumps, retail stores and cigarette counters, according to a new survey.
July 15