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.
-
The Internal Revenue Service revised its frequently asked questions on the Form 1099-K to alleviate confusion this filing season.
February 6
-
A new analysis forecasts a higher return on investment from the Inflation Reduction Act of 2022, but only if the funding isn't reduced.
February 6
-
The Senate may not get to the Tax Relief for American Families and Workers Act soon enough to impact returns.
February 6
-
And what to do if your client hasn't received their abatement from the IRS.
February 6
-
The local environment for debt and income, cost of living, housing, and taxes can make a big difference when it comes to putting away money.
February 6
-
The IRS is pushing back payment and filing deadlines for those impacted by storms and flooding in Maine.
February 5
-
The gift outlays — and the many rules and potential duties tied to them — can affect clients' long-term trail toward RMDs, Roth IRAs, the FAFSA and other areas.
February 5
