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 is giving eligible farmers and ranches four years to replace drought-stricken livestock, rather than two.
October 3
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Those affected by the storm now have until Feb. 3 to file and pay their taxes.
October 3
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The IRS failed to address literally tens of thousands of unresolved security vulnerabilities, according to the Treasury Inspector General for Tax Administration.
October 2
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The 7217 is designed to report the basis of all distribution of property that a partner receives from a partnership in a non-liquidating or liquidating distribution.
October 2
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In Notice 2024-72, the IRS adding to the relief granted last year.
October 2
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The latest data on where accountants are focusing their technology investments, what Gen Z values most in a future employer and other key metrics.
October 2
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Saying 'yes' too much; M&A mania; partners' income spread; and other highlights from our favorite tax bloggers.
October 1
