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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Now is the time to start planning tax season and easing some of its pressures.
December 4
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A judge told the former attorney who advised top banks on the trading strategy at the center of Europe's biggest tax scandal to expect to be found guilty.
December 4
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An anonymous tipster helped the agency catch more than 100 high net worth individuals who paid a combined $71 million in previously avoided taxes.
December 4
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The case coming before the Supreme Court stems from a 2017 tax law provision that aimed to tax earnings held overseas by big multinational companies.
December 4
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The five S&P 100 companies with the highest overall tax rates paid an average of 43.32% in 2022.
December 4
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The IRS's Western Cyber Crimes Unit played a major role in the case, which was recently settled for over $4 billion.
December 1
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The guidelines set a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.
December 1
