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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A divided Supreme Court threw out a decades-old legal doctrine that empowered federal regulators to interpret unclear laws.
June 28
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The IRS Whistleblower Program paid whistleblowers 121 awards totaling $88.8 million in fiscal 2023, up from $37.8 million the previous year.
June 27
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Gone in a Flash; all in the family; spreadsheeting it high and deep; and other highlights of recent tax cases.
June 27
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The parent of Italian beverages group Davide Campari-Milano NV said it isn't aware of any investigation following reports over alleged tax avoidance.
June 27
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Some participants will get a letter next month outlining a potential settlement offer.
June 26
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An influential advisory committee to the Internal Revenue Service is asking Congress to regulate noncredentialed tax preparers and boost funding for the IRS and the National Taxpayer Advocate.
June 26
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Kenyan President William Ruto said he's withdrawing a contentious tax bill after it led to the deaths of at least 23 people.
June 26
