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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An unlikely pair of senators is teaming up to propose legislation to eliminate tax breaks for corporate M&A activity.
March 22
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The Internal Revenue Service has been making progress on catching up with its backlog of unprocessed tax returns, but more work needs to be done, according to a new report.
March 22
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With the IRS continuing to launch promoter audits, it is important that anyone subject to such an audit consider a few strategic issues.
March 22
Chamberlain Hrdlicka -
The Internal Revenue Service's efforts to halt fraudulent claims for the Employee Retention Credit have protected more than $1 billion since the agency instituted a processing moratorium.
March 22
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Dan Rotta, 77, was charged in Miami with hiding assets from the IRS in two dozen secret Swiss accounts between 1985 and 2020.
March 22
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The gang's all here; not in good hands; lack of redemption; and other highlights of recent tax cases.
March 21
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The Senate Finance Committee held a hearing to discuss the Biden administration's recently unveiled budget and tax proposals, as tax experts try to predict what will happen after the election.
March 21
