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 House passed a bill extending the moratorium on Internet access taxes by seven years, putting the period on par with a recently passed Senate bill and sending the bill to President Bush for his signature.
October 30 -
The Internal Revenue Service said it is extending the filing deadlines for victims of the wildfires in Southern California.
October 29 -
The New York State Society of CPAs has offered its own solution for the problem of the expanding alternative minimum tax, as the issue continues to get debated in Washington.
October 29 -
The U.S. Senate has voted to extend a moratorium on state and local taxes for Internet access for seven years.
October 28 -
Nearly everyone can use lessons in financial literacy, and Dan Iannicola Jr., deputy assistant secretary for the U.S. Treasury Department's financial education office, provided suggestions on how women accountants can educate their clients.
October 28 -
Kellogg & Andelson Accountancy Corp. said it was acquiring Wien, Sales & Vizvary, a Beverly Hills-based accounting firm.
October 28 -
Rep. Charles Rangel, D-N.Y., chairman of the House Ways and Means Committee, has introduced a bill aimed at repealing the alternative minimum tax and cutting the top corporate tax rate while raising taxes in other areas, including on the salaries of hedge fund and private equity fund managers.
October 25