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 presidential nominee is looking to turn the page with a new populist tax cut proposal.
September 13
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Noted; loan sharks; lowering the Boomer; and other highlights of recent tax cases.
September 12
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The Ways and Means Committee advanced five tax-related bills, including one that would eliminate a requirement to report payments of $600 from third-party networks.
September 12
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The IRS is pushing back payment and filing deadlines for taxpayers hit by August weather.
September 12
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The Internal Revenue Service and the Treasury issued proposed regs on the Corporate Alternative Minimum Tax.
September 12
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The EU Court of Justice backed a 2016 decision that Ireland broke state-aid laws by giving the company tax benefits that resulted in an unfair advantage.
September 12
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Bloomberg Tax & Accounting projects that inflation-adjusted amounts in the Tax Code will increase 2.8% in 2025 — roughly half the increase in 2024 and down from 7.1% in 2023.
September 11
