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 granted relief to some homeowners struggling to rebuild after Hurricane Katrina devastated the Gulf area in August 2005 so they can continue to qualify for a low-income housing credit.
July 29 -
Following on the heels of his former boss, Internal Revenue Service Acting Commissioner Kevin M. Brown plans to leave the IRS in mid-September to become chief operating officer of the American Red Cross.
July 26 -
Nearly 55,000 tax-exempt organizations owed close to $1 billion in unpaid payroll and other federal taxes as of last September, according to a report released by the Government Accountability Office.
July 25 -
CCH has appointed Gene McGovern as vice president of tax and accounting publishing, replacing Catherine Wolfe, who was named U.K. CEO of the publisher's parent company, Wolters Kluwer, earlier this year.
July 25 -
Remember the old days? Forms shipped off to service bureaus? Is it possible that manual data entry will seem as quaint within a few years?
July 25 -
After the release of a stinging report criticizing the Internal Revenue Service for shutting down the TeleFile program, leading members of the Senate Finance Committee lashed out at the IRS's decision.
July 24 -
Accounting firm BDO Seidman saw its revenue increase $31 million to $589 million in the fiscal year ended June 30, 2007.
July 24