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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Deloitte ranks highest in satisfaction with tax firm performance among the Big Four, according to a study of tax firm performance by J.D. Power and Associates.
November 17 -
A group of former Intuit employees have launched Taxnet.com, which provides Internet-based filing of income taxes, along with electronic filing.
November 16 -
The sale of many of its offices two years ago pushed financial planning and tax prep firm Gilman+Ciocia Inc. into the black for fiscal 2004, as a $6.1 million gain on that sale wiped out an operating loss of just over $1 million for the year ended June 30.
November 12 -
The National Association of Securities Dealers charged H&R Block Financial Advisors Inc., the investment arm of the tax prep giant, with fraud in the sale of $16 million worth of Enron Corp. bonds after the energy firm's finances and bond ratings had begun to collapse.
November 10 -
The Internal Revenue Service has selected three new members for its Electronic Tax Administration Advisory Committee, the body that serves as a public forum for discussion of electronic tax administration issues.
November 9 -
As worldwide legislative and regulatory changes make tax risk planning a top priority, many companies are aligning their tax strategies with their organization's overall enterprise risk profile, according to a survey of corporate tax directors by Ernst & Young.
November 8 -
A Connecticut district judge ruled against the Internal Revenue Service and ordered the agency to refund more than $62 million to a General Electric subsidiary stemming from a transaction that the IRS said was a sham.
November 8