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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Intuit has been working to cater TurboTax to those with more complicated tax situations, betting that those customers could use online help from experts.
May 28
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About 140 countries signed on to the outline of a groundbreaking pact in 2021 to reform the way large multinational companies are taxed.
May 28
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Collared; gone deep; to protect and disserve; and other highlights of recent tax cases.
May 23
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Available technology solutions could boost professionals' efficiency in serving their clients — but only if financial advisors and their customers are open to them.
May 23
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The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate.
May 23
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Tourists are expected to generate a record $4.9 billion in sales and other tourism-related tax revenue in the current fiscal year, a 16% jump from 2020.
May 23
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President Biden's son had been scheduled to go on trial on June 20 on charges he failed to pay $1.4 million in taxes from 2016 to 2019.
May 23
