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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The Justice Department's Tax Division hailed its victory in what it called an "important tax shelter case" that was decided in a Texas district court.
April 2 -
Senate Democratic and Republican leaders have reached a compromise on a bill to provide tax breaks and refinancing assistance to beleaguered homeowners hit by the mortgage crisis.
April 2 -
A new coalition wants to eliminate the taxation of Americans working abroad.
April 1 -
The Treasury Department has been pilot testing a free interface between its Electronic Federal Tax Payment System and Intuit's QuickBooks software and plans to expand the interface to other software.
April 1 -
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