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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Senate Majority Leader Chuck Schumer vowed the Senate won't vote on the House bill and instead will produce a broader emergency package without cuts to the IRS.
November 3
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Officials from the Criminal Investigation division met with tax officials from four other countries to uncover tax evasion and money laundering schemes through data mining.
November 2
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Attorney General Letitia James says Uber from 2014 to 2017 improperly deducted sales tax and other fees from driver paychecks that should have been paid by passengers.
November 2
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Taxpayers will now have through Jan. 10, 2025, to fix a refund claim.
November 1
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A new proposal would create new definitions of digital goods for state taxation.
November 1
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The service issued its annual adjustments for retirement plans, with some reflecting changes in the SECURE 2.0 Act.
November 1
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House Republicans would paid for aid to Israel by slashing funds for the Internal Revenue Service.
November 1
