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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Not so amusing; in the rough; interior designs; and other highlights of recent tax cases.
January 11
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The official start date of tax season for individual taxpayers will be on Jan. 29, but the Internal Revenue Service plans to accept business tax returns as soon as Jan. 16.
January 11
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The failure of the leaders of the Ivy League universities to condemn antisemitism could affect their tax-exempt status, the chairman of the House Ways and Means Committee said.
January 11
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Negotiators are nearing a bipartisan deal in time for many voters to receive the benefits during the current election year.
January 11
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The seven states that impose the least on residents have an individual income tax burden of 0.00%.
January 11
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Response times for tax professionals are also a problem, according to the National Taxpayer Advocate's Annual Report to Congress.
January 10
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The Washington, D.C., Attorney General's office accused the tax prep chain of illegally overcharging thousands of residents and misleading consumers.
January 10
