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.
-
A recent survey of tax professionals has found that practitioners hold both excitement and concerns about generative AI, though there is slightly more of the latter than the former.
July 25 -
UBS Group AG was asked by a powerful U.S. lawmaker about whether the bank it acquired, Credit Suisse Group, failed to report an American accused of evading taxes on $350 million in income.
July 25
-
The Internal Revenue Service reported further progress on offering more online tools and expanded taxpayer service.
July 25
-
The Internal Revenue Service issued a notice with initial guidance on claiming a tax credit involving carbon sequestration.
July 24
-
The Garden State will be the next to join the program next filing season.
July 24
-
The shock replacement of the Democratic presidential candidate less than four months before the election has introduced a new element of uncertainty about the outlook for economic policy in 2025 and beyond.
July 24
-
AitM; IRS strategies after Chevron; the taxman's jackpot; and other highlights from our favorite tax bloggers.
July 23
