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 IRS is planning to offer its free tax prep system around the clock next week and open it to a larger group of outside testers.
March 1
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The president will advocate plans to increase taxes on the wealthy and corporations as well as to lower prescription drug prices in his speech next week.
March 1
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Shamrock shake-up; now for the slow life; Superiority complex; and other highlights of recent tax cases.
February 29
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A new GAO study adds more fuel to the research suggesting the agency should be probing more rich households. Tax pros say those efforts will have big implications.
February 29
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The Internal Revenue Service has begun sending notices to high-income taxpayers who haven't been filing tax returns since 2017.
February 29
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A British hedge fund trader pleaded guilty to allegations he helped swindle Denmark out of about 8.4 billion kroner ($1.2 billion) in a massive Cum-Ex scandal that rocked the Nordic country.
February 29
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The IRS has pushed back filing and payment deadlines for those affected by the August fires.
February 28
