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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President Biden's top economic advisor pledged Democrats would push to reverse Donald Trump's corporate tax cuts next year.
May 10
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The U.S. government recorded a higher surplus for the month of April thanks to a rise in tax receipts, while steeper debt-servicing costs impose a major drag.
May 10
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The extent of how many taxpayers were affected by the breach was unknown until now.
May 10
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Bodies of evidence; the Ultimate crime; one expensive ghost; and other highlights of recent tax cases.
May 9
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The Internal Revenue Service and the Treasury Department plan to issue regulations on the interplay between foreign tax credits, dual consolidated losses and OECD rules.
May 9
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The Internal Revenue Service issued the annual inflation adjustments for health savings accounts in 2025 as prices continue to rise.
May 9
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Overall, a better experience, but there were still some bumps on the road to April 18.
May 9
Wolters Kluwer Tax & Accounting
