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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Entertainment and sports accountant Mike Vaden and his Vaden Group have allied with regional accounting and business advisory firm Joseph Decosimo & Co. to form a business management practice aimed at the entertainment industry and high-net-worth individuals.
April 28 -
Accounting firm Plante & Moran said it was seeing optimism among the businesses it surveyed in the Midwest despite general worries about the economy.
April 28 -
President Bush said the Treasury Department would begin distributing the first batch of tax rebates by direct deposit on Monday.
April 27 -
Wesley Snipes was sentenced to the maximum of three years in prison for failing to file his income taxes.
April 24 -
The federal government has lost a Son of Boss tax shelter case involving taxpayers who invested in foreign currency options.
April 24 -
The Senate Finance Committee held a hearing on the tax aspects of a cap-and-trade program to control carbon emissions.
April 23 -
An Ohio jury ruled that Fifth Third Bancorp is not entitled to a $5.6 million tax refund for its 1997 tax year after the bank sought to take tax deductions related to complex leasing transactions involving passenger rail cars.
April 23