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.
-
Efforts to take advantage of the dramatic expansion of the Low-Income Housing Tax Credit have bumped up against some unintended consequences, say investors and developers.
March 31
-
Artificial intelligence is rewriting the rulebook for how accountants approach tax services
March 31
-
The Internal Revenue Service canceled contracts as part of the federal effort to reduce overall spending — but the effect it will have on taxpayer services is yet to be seen.
March 30
-
A recent study by the Treasury Inspector General for Tax Administration found that the IRS has spent $15.7 billion of the $26 billion remaining from the 2022 Inflation Reduction Act.
March 27
-
The winner of the inaugural season of the reality show was ordered to pay back taxes on that prize by a federal judge.
March 27
-
Through the roof; shell game; delinquent debts; and other highlights of recent tax cases.
March 26
-
A recent study calculated which U.S. states put the heaviest tax burden on their residents.
March 26
