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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As the digital asset landscape becomes increasingly unpredictable, it's important to encourage clients to diversify their holdings across sectors and types.
February 20
Tax & Accounting Professionals business of Thomson Reuters -
Elon Musk responded to a post suggesting a "DOGE Dividend" with a $5,000 check sent to taxpaying households, saying he would "check with the president."
February 20
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Major changes are afoot for companies that want to claim the research tax credit.
February 20
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President Trump intervened in the ongoing budget conflict between House and Senate Republicans just before a key congressional vote.
February 20
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Hegseth's IRS notice; CPA exam questions; spotting cyberattacks; and other highlights from our favorite tax bloggers.
February 19
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The pace of natural disasters seems to be accelerating, prompting taxpayers and preparers to search for ways to deduct catastrophic losses.
February 19
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The Department of Government Efficiency says it has saved $55 billion in federal spending so far, but its website only accounts for $16.6 billion of that.
February 19
