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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An accountant for "Survivor" winner Richard Hatch testified that she told the reality TV star not to file a tax return omitting the $1 million prize he won from the show.
January 19 -
I discovered the most amazing thing this week -- a report on a federal agency that was actually readable.
January 18 -
Taxpayers can file their 2005 tax returns electronically beginning Jan. 13 as the Internal Revenue Service's E-file program opens for its 20th tax season.
January 13 -
Four additional professional tax organizations have agreed to partner with the Internal Revenue Service to provide assistance to taxpayers at local disaster recovery centers established by the Federal Emergency Management Agency, the IRS announced.
January 12 -
National Taxpayer Advocate Nina E. Olson released her latest report to Congress, again stressing the need for legislators to make simplification of the tax system a reality.
January 11 -
Corporate tax payments hitting an all-time high last month helped offset record federal spending.
January 11 -
The Internal Revenue Service sent out 17.7 million 1040 tax packages during the first of January to taxpayers who have previously filed paper returns. The number of paper tax booklets being mailed to Americans continues to decline as more people opt for electronic filing.
January 10