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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Even though advisors doubt it will pass, California's proposed billionaire tax is already reigniting residency and wealth planning conversations.
February 6
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The agency incorrectly labeled some taxpayers as hostages when providing tax relief, or failed to remove a special indicator after their release from captivity.
February 5
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Tax and software provider Ryan acquired Meritax Advisors, expanding its property tax capabilities.
February 5
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Proposed regs from IRS finally address the reporting threshold confusion that has plagued tax practitioners since 2021.
February 5
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Trump suggested he could exert pressure on Attorney General Pam Bondi and Treasury Secretary Scott Bessent, saying there had "never been anything like it."
February 5
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None of the findings in a new working academic paper will likely surprise financial advisors. But they could provide some helpful data for conversations with investors.
February 4
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Senators Ron Wyden and Elizabeth Warren want to know if the DOJ plans to defend the IRS against Trump's $10 billion lawsuit over the leak of his tax returns.
February 4
