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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Scale of the crime; a favorite client; with a bullet; and other highlights of recent tax cases.
March 7
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New York State and the Internal Revenue Service have developed a new program that allows eligible New Yorkers to e-file their federal and state personal income tax returns for free.
March 7
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The additional tax revenue raised would go toward services for the city's homeless population.
March 7
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Taxpayers who exit the tax system by not filing a required return have emerged as a growing and under-the-radar problem for the IRS.
March 7
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There are talks of protesting a key piece of tax law that prevents marijuana companies from deducting expenses like other companies do.
March 7
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President Joe Biden will propose increasing the minimum rates paid by major corporations to 21% and eliminating breaks for companies with high-paid executives Thursday night.
March 7
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Four states have no state and local sales taxes, making them the most attractive places for consumers to go shopping.
March 7
