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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A former IRS contractor admitted stealing information about the former president and thousands of wealthy Americans and leaking it to two news organizations.
October 13
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No temporary solution; cooking some books; French connection; and other highlights of recent tax cases.
October 12
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The service updated its tax-gap projections for tax years 2020 and 2021, predicting a big jump from prior estimates.
October 12
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Hanno Berger was convicted in a tax scandal that robbed billions of euros from government coffers and ensnared some of Wall Street's biggest banks.
October 12
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In a dramatic reversal, just weeks before the 92-year-old was due to stand trial, Bernie Ecclestone agreed to a £652 million tax settlement.
October 12
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The Council of Economic Advisers said a reduction in revenues from capital gains taxes has played a notable role in the widening deficit.
October 12
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The dispute centers on a 2012 IRS audit into transfer pricing, a method used to shift profits to tax havens and avoid the U.S. corporate tax rate.
October 12
