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 poll found professionals predict that as AI makes jobs more efficient, firms will move away from the billable hour model in favor of value pricing.
July 9
-
Only 5% of total local tax comes from income taxes nationwide, but some states rely on it much more.
July 9
-
The Internal Revenue Service has stepped up efforts to combat dubious tax advice promoting schemes involving the Fuel Tax Credit, the Sick and Family Leave Credit, and household employment taxes.
July 8
-
A Republican party committee approved a 2024 platform ahead of next week's convention that includes addressing the migrant border crisis, cutting taxes and boosting domestic energy production.
July 8
-
Art carries higher rates than most investments, but financial advisors and their clients can tap into trusts, charitable donations, loss harvesting and the stepped-up basis.
July 8
-
U.S. lawmakers and government officials view the tax as unfair and have threatened to retaliate if Canada moved forward with it.
July 8
-
When your clients are divorcing, you need to figure out two things: Which one is your client, and who is their attorney?
July 5
Dimopoulos Bruggeman PC
