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 intends to expand the number of states and tax situations in which the free Direct File system will be available.
May 30
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The lawsuit alleges that Jim Chanos "planned on using his power as general partner to run the company into the ground, enjoy the tax benefits of his financial shenanigans, and leave his partners with nothing."
May 30
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Arkansas and Alaska are among the states where residents have the least financial literacy, according to a new report.
May 30
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The proposed rules on the Clean Electricity Production Credit and the Clean Electricity Investment Credit aim to spur renewable energy development.
May 29
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There's a new method of counting defined contribution retirement plan participants that can make a big difference for clients.
May 29
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There are advantages to an extended (but carefully scheduled) tax season.
May 29
L&H CPAs and Advisors -
Debate over the Tax Cuts and Jobs Act; assessing last season; Etsy and sales tax; and other highlights from our favorite tax bloggers.
May 28
