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.
-
After my last column about spreading out the tax season, several readers contacted me to share their experiences about making busy season more sane.
July 11
L&H CPAs and Advisors -
Action; very little cash; not from around here; and other highlights of recent tax cases.
July 11
-
Notice 2024-49 and a new set of frequently asked questions from the Internal Revenue Service offer more clarity around the credit.
July 10
-
The decisions indicated that justices will use far stricter scrutiny of government regulations moving forward, and some cases dealt a direct impact right away.
July 10
-
The IRS is pushing back both filing and payments deadlines for impacted taxpayers.
July 10
-
The head of the Internal Revenue Service's Direct File program cites careful scoping and a blended team of government and private sector for making it work.
July 10
-
Estate attorneys are creating revival trusts aimed at extending wealth until people who get cryonically preserved can be revived, even if it's hundreds of years later.
July 9
