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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Austin, Texas-based attorney John Ramsey had the last laugh, winning a $10,000 prize in Intuit's TurboTax TaxLaugh contest with a series of tax jokes.
April 1 -
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New York State lawmakers have dropped a plan by former Governor Eliot Spitzer to raise taxes on millionaires.
March 31 -
Small business owners are more likely than consumers to use a tax professional, according to a new survey, with 74 percent of small business owners planning to get help, while only 58 percent of consumers said they would.
March 31 -
Wolters Kluwer Law & Business has agreed to acquire the Accountants Division of MYOB UK and MYOB Ireland for 35.5 million pounds ($70.5 million), bringing the small business accounting and tax software developer into Wolters Kluwer UK's CCH Software division.
March 31 -
NetWorth Services said it is offering a special promotion for its online cost basis calculation service, Netbasis, allowing users to buy one transaction and get one free until April 15.
March 30 -
IRS LAUNCHES E-POSTCARDS FOR TAX-EXEMPTSWashington, D.C. — The Internal Revenue Service has introduced an electronic filing system that allows small tax-exempt organizations to file Form 990-N “e-Postcards” to report their annual income.
March 30