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 tax-writing House Ways and Means Committee unanimously approved five bipartisan tax-related bills last week aimed at helping natural disaster victims, sexual assault survivors, pre-school teachers, taxpayers in general, and tax fraud whistleblowers.
April 1
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For tax years 2023 and 2024, 45,386 returns claimed about $172 million in tax credits that ITIN holders were not eligible to receive.
April 1
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Staff in the Big Four firm's U.S. tax business will be required to work on the premises or at a client site 12 days a month from July 1.
April 1
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The expansion of cryptocurrency, stablecoins and tokenized assets means more complexity at tax time, including a brand-new form to manage: 1099-DA.
April 1
LPL Financial -
Over a million tax-favored accounts are eligible for a $1,000 contribution by the government.
March 31
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March Madness; one ringy-dingy; trouble with tariffs; and other highlights from our favorite tax bloggers.
March 31
Matters Editorial -
A clear pattern is emerging of sectors that stand to win the most from the deductions and special preferences in the One Big Beautiful Bill Act.
March 31
