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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Notice 2024-49 and a new set of frequently asked questions from the Internal Revenue Service offer more clarity around the credit.
July 10
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The decisions indicated that justices will use far stricter scrutiny of government regulations moving forward, and some cases dealt a direct impact right away.
July 10
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The IRS is pushing back both filing and payments deadlines for impacted taxpayers.
July 10
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The head of the Internal Revenue Service's Direct File program cites careful scoping and a blended team of government and private sector for making it work.
July 10
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Estate attorneys are creating revival trusts aimed at extending wealth until people who get cryonically preserved can be revived, even if it's hundreds of years later.
July 9
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The rich and the audits; after Beryl; just ask; and other highlights from our favorite tax bloggers.
July 9
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The Government Accountability Office recently found that some populations may be getting selected for IRS audits at a higher rate than others.
July 9
Government Accountability Office
