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.
-
Bumping the 1099-Ks; nonsensical language; showing your appreciation; and other highlights from our favorite tax bloggers.
November 21
-
The annual IRS announcement could affect certain clients seeking to avoid bumping up against higher rates when they file their federal income taxes.
November 21
-
Among other things, they may unintentionally snare mutual funds, an expert testifies.
November 21
-
The service will postpone the lower threshold, but will phase in a threshold of $5,000 for tax year 2024.
November 21
-
Five types of return are projected to increase in volume by more than 45% in FY 2023.
November 21 -
The Treasury and the IRS issued laid out possible regs to update the investment tax credit rules to encompass various forms of renewable energy.
November 20
-
The regulations address new subsections of the law from the SECURE 2.0 Act.
November 17
