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.
-
After a delay brought on by Hurricane Katrina, the President's Advisory Panel on Federal Tax Reform announced two October meetings and a deadline of Nov. 1 to issue its comprehensive report.
October 3 -
RSM McGladrey announced that its $220 million acquisition of American Express Tax and Business Services is a done deal after receiving approval from the Department of Justice.
October 3 -
Taxpayers affected by Hurricanes Katrina and Rita now have until Feb. 28, 2006 to file tax returns and pay any taxes due, according to the Internal Revenue Service. Taxpayers affected by the hurricanes may be eligible for tax relief regardless of where they live.
September 29 -
Louisiana Gov. Kathleen Blanco asked lawmakers for help in rebuilding the state devastated by Hurricanes Katrina and Rita.
September 28 -
In a ruling that may affect the future of state job creation strategies across the nation, the Supreme Court will rule on how states can use tax incentives to entice large concerns such as car companies to make capital investments.
September 28 -
Wolters Kluwer Corporate & Financial Services will provide the Internal Revenue Service with online access to capital gain and loss information on publicly traded securities.
September 27 -
The Internal Revenue Service announced relief for taxpayers affected by Hurricane Rita, including many of the deadline reprieves and fee waivers enacted in the immediate aftermath of Hurricane Katrina.
September 27