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 Internal Revenue Service has amended its list of "frivolous" legal arguments used by people who want to avoid paying taxes, adding four new claims to the set it considers without merit.
January 15 -
Accounting firm Dworken, Hillman, LaMorte & Sterczala has entered a competition to see who can lose the most weight during tax season and resist temptations like free pizza in the office.
January 15 -
Jury selection in the tax evasion trial of actor Wesley Snipes has begun, with documents from prosecutors showing that Snipes failed to pay taxes on the $38 million in income he earned between 1999 and 2004.
January 15 -
Intuit officials disclosed their 2008 accountant strategy, saying they would target both full-service firms and tax-driven firms this year.
January 14 -
The Tax Governance Institute plans to host a video Webcast on the new tax preparer standards on Jan. 15 from 1 pm to 2:30 pm EST.
January 14 -
The Internal Revenue Service has opened its electronic filing season for all filers except those who must file five forms affected by the alternative minimum tax.
January 11 -
Presidential hopeful Rudolph Giuliani outlined a plan to reform the Tax Code and cut taxes.
January 11