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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King Charles and Prince William disclosed their personal tax obligations for the first time in their current roles in an attempt to increase the transparency of the British monarchy's finances.
June 26
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Internal Revenue Service officials are working to increase compliance of tax-exempt groups as well as for-profit businesses with the help of whistleblowers.
June 25
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For practitioners willing to learn the rules, Trump accounts are the best client acquisition and retention opportunity we've had in a decade.
June 25
Tax Maverick AI -
The Internal Revenue Service had a largely successful tax-filing season, despite staffing cutbacks and long delays on refunds for millions of taxpayers.
June 24
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Among other things, the IRS's preliminary AI guidelines call for firms to exercise due diligence on AI outputs and pass AI-related savings on to clients.
June 24
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Tax amnesty programs; protecting your practice; unidentified tax payments; and other highlights from our favorite tax bloggers.
June 23
Matters Editorial -
The Supreme Court ruled in favor of a Michigan county that auctioned off a family's foreclosed home for $76,008 when the family owed less than $2,242 in taxes.
June 23
