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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Chrissie Hynde, lead singer of the Pretenders, rode an Akron bus to show her support for a countywide sales tax increase that would bring increased revenue to the local mass transit system.
February 20 -
Two accounting firms, Mueller Yuva & Osterman and Larson and Associates, have merged to combine their strengths in auditing, estate planning and other services.
February 20 -
The economic stimulus package that President Bush signed into law last week is drawing attention mostly to its tax rebates for individuals, but the bill also contains several provisions that should benefit small and midsized companies.
February 20 -
The Internal Revenue Service wants senior citizens, disabled veterans and retired railroad workers to make sure to file a tax return in order to receive a rebate, even if they don't normally do so.
February 20 -
As thousands of CPA firms across the country embark on that annual ritual known as filing season, more and more practices are looking toward document management and workflow solutions to ease the ensuing crush of paper.
February 20 -
The Internal Revenue Service has issued Revenue Procedure 2008-16, which provides a safe harbor under which the IRS will not challenge whether a property that is rented to others but also occasionally used by the owners for personal purposes qualifies as property that may be exchanged in a like-kind exchange under Section 1031 of the Tax Code.
February 19 -
The Georgia Senate has approved a bill that will do away with the state portion of the property tax.
February 19