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.
-
The American Institute of CPAs has named Thomas J. Purcell III to a two-year term as chairman of its Tax Executive Committee, the tax policy and standards-setting body of the AICPA.
November 3 -
Despite Internal Revenue Service assertions that it had halted the decline in the government's efforts to police corporate tax non-compliance, the pace of corporate audits is running well below record-low levels registered in 2003, according to an analysis of IRS data.
November 3 -
Harper & Pearson Co., an auditing and business consulting firm based here, has merged two regional tax-consulting practices under its brand - Cabaniss, Horn & Passmore, and Kathy B. Devine Co.
November 2 -
More than 60 charities, churches and other tax-exempt groups have been contacted by the Internal Revenue Service about alleged improper political activities, the agency disclosed.
November 2 -
The National Association for the Advancement of Colored People is reportedly under investigation by the Internal Revenue Service for violating the terms of its tax-exempt status in a probe that the group's chairman says stems from comments he made that were critical of President Bush.
November 1 -
The Internal Revenue Service warned consumers against bogus claims by promoters that tax debts can be settled for "pennies on the dollar" through the Offer in Compromise Program.
October 28 -
The founder of a company charged with conspiring to defraud the government was arrested this week crossing the border from Mexico to the United States near Laredo, Texas, the Department of Justice said.
October 28