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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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
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The Internal Revenue Service set the credit at $1.25 to $1.75 per gallon of fuel with a minimum reduction of 50% of GHGs.
October 24
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The Treasury and the IRS granted a filing exception for tax-exempt organizations, saying they don't have to file Form 4626 for tax year 2023.
October 23
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Wolters Kluwer announced a host of integrations and improvements in tax, practice management and audit for its CCH Axcess product.
October 23
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Donald Trump touted his pledge to provide tax breaks for purchasing cars, highlighting that the benefit would only apply to vehicles made in the U.S.
October 23
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Regardless of the election results, we will see some tax legislation next year, says one expert.
October 22
