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 tax prep giant settled a proposed class-action suit that claimed it schemed to prevent employees from moving between corporate and franchisers.
April 9
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The Internal Revenue Service and the Treasury Department issued proposed rules for the stock buyback tax for large corporations.
April 9
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The free tax program will now import a taxpayer's information from the previous year, as a report finds the program could cost the IRS considerably more than the estimated $249 million per year to maintain.
April 9
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Chief obstacles; tax illiteracy; what makes a great preparer; and other highlights from our favorite tax bloggers.
April 9
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The Internal Revenue Service urged tax professionals to steer clear of so-called "spearphishing" scams from cybercriminals, including identity thieves posing as new clients.
April 9
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At 90,315,000, the number of individual returns received this tax season finally surpassed the same period last year, up 0.2% as of March 29, 2024.
April 9
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The Internal Revenue Service clarified the treatment of money paid for energy-efficient property and improvements in Announcement 2024-19.
April 8
