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 did little to stop fraudsters who used the Practitioner Priority Service Line to fraudulently claim nearly $462 million in refunds, per the Treasury Inspector General for Tax Administration.
October 25
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Final regulations are also available for the Advanced Manufacturing Production Credit established by the Inflation Reduction Act.
October 25
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Plus, Avalara announces AvaTax for Accounts Payable; Sage Copilot launches in U.S.; and other accounting technology news.
October 25
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Artificial intelligence is transforming how firms manage tax returns, communicate with clients and handle administrative tasks.
October 25
Boomer Consulting Inc. -
Makin' a list; caught again; back to school; and other highlights of recent tax cases.
October 24
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Harris' campaign also declined to say if she supports the specifics of the minimum tax on billionaires included in Biden's annual budget request.
October 24
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The Internal Revenue Service is looking to boost its historically low audit rates for complex arrangements.
October 24
