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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The wealthiest 1% of taxpayers may soon find themselves in the crosshairs of an expert group of agents.
October 17
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The Internal Revenue Service wants to update the regulations governing the sale of a taxpayer's property taken during a levy.
October 17
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War and relief; the gap; partner pay; and other highlights from our favorite tax bloggers.
October 17
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The service plans to run a limited pilot test of its free online tax system in 13 states next tax season, but it will only support certain tax credits.
October 17
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Treasury Secretary Janet Yellen indicated the U.S. will be unable to sign a treaty on global tax rules in time to uphold a deal that prevents other countries from imposing new levies on some of the largest American tech companies.
October 17
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Residents in 55 out of 58 counties have an extra month to file and pay.
October 16
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The NAEA is asking the service to resume sending reminder notices immediately to non-filers and those with balances due of more than $10,000.
October 16
