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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Former KPMG tax partner Robert Pfaff has been indicted on new charges alleging he participated in a tax shelter scheme involving the Big Four firm and a company located in Saipan in the Northern Mariana Islands.
March 23 -
The American Institute of CPAs said its members have been answering tax questions for USA Today as part of an annual effort to provide online tax assistance to readers.
March 23 -
The AICPA said it has sent a letter to the Internal Revenue Service urging its agents to be aware of "scriveners' errors," or unintentional mistakes, in the drafting of employee benefit plans.
March 23 -
The Internal Revenue Service said it has approximately $1.2 billion in unclaimed refunds waiting for 1.3 million people who did not file federal income tax returns for 2004, but they need to file by April 15, 2008, to claim the money.
March 19 -
Eight employees of the Monongalia County, W.Va., sheriff's department tax office are sharing the proceeds of a Powerball lottery ticket worth $273.6 million.
March 19 -
CCH has released Worldwide Tax Rates and Answers: Central and Eastern Europe, an online tax compliance and research product for companies doing business in those parts of the world.
March 19 -
Gilman Ciocia's personal tax team is giving away tickets to New York Mets games as part of a contest it is holding for the second year in a row.
March 19