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 slashed the number of languages it supported from 20 to seven in response to an executive order from President Trump.
August 3
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The fund could have paid $1.8 billion to President Trump's allies, and the acting AG clarified the scope of the president's sweeping immunity deal with the IRS.
August 3
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The IRS recently changed how it oversees every credentialed tax professional in the country. Most practitioners had no idea it was coming.
July 31
Ledger Labs -
The president's desire to avoid criminal prosecutions and tax audits has become the biggest impediment to getting his own attorney general pick confirmed.
July 31
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Paper notices that include QR codes are leading recipients to a spoofed Internal Revenue Service website.
July 31
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Single Shot; don't do drugs; not so Niceville; and other highlights of recent tax cases.
July 30
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Charitable remainder annuity trusts can be helpful, but advisors should be careful to follow new guidance issued by the IRS and U.S. Treasury Department.
July 30
