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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Charles Littlejohn, 38, pleaded guilty to stealing Trump's tax data and leaking it to the New York Times and admitted taking tax information about thousands of other wealthy Americans, that he passed to ProPublica.
January 29
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The best state to be a saver scored 0 out of 100, where a lower score means it's easier to save.
January 29
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Financial advisors and tax professionals with clients who bet online or at casinos must guide them through the choice of classifying as amateur or professional.
January 29
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The Internal Revenue Service began accepting tax returns Monday, promising improved help to taxpayers and new resources both in-person and online.
January 29
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As the Internal Revenue Service and tax professionals prepare for the start of tax season, last-minute tax law changes are possible thanks to a deal working its way through Congress.
January 26
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A recently introduced bill would, if passed, require the IRS to add scannable bar codes to electronically prepared paper returns, to encourage process efficiency.
January 26
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Parts of Trump's 2017 tax-cut package will expire in 2025, and Biden would only extend tax breaks for individuals earning less than $400,000 a year.
January 26
