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 has proposed guidance on the credit, which was modified by the Inflation Reduction Act.
September 19
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Three people shared the award after disclosing an offshore tax-evasion scheme that spanned 15 years, enabling the IRS to collect $263 million from an unidentified individual.
September 19
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The former president pledged to lift a cap on the state and local tax deduction valuable to many New York homeowners that he imposed as president.
September 19
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A new Deloitte survey shows 58% of CFOs saying the result of the presidential election will be extremely or very consequential for their organization.
September 18
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After the leaking of Donald Trump's and a number of billionaires' tax info, House lawmakers voted to stiffen the penalties for unauthorized disclosures.
September 18
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Accountants weigh in on which groups are most affected by the economy, the importance of certifications, and other key metrics.
September 18
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Projected brackets; the remote debate; relief and refunds; and other highlights from our favorite tax bloggers.
September 17
