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.
-
Plus, Expensify adds budgeting capabilities; Corvee to hold AI bootcamp; and other news from the accounting tech world.
December 22
-
Those 73 and older need to make sure they're taking their required minimum distributions from IRA and other retirement accounts.
December 21
-
The IRS is rolling out a voluntary disclosure program to let businesses pay back Employee Retention Credits they claimed in error.
December 21
-
Get with the Program; root causes; significant others; and other highlights of recent tax cases.
December 21
-
New guidance from the IRS in Notice 2024-05 provides a safe harbor for certain vehicles.
December 21
-
Financial advisors and tax professionals serving self-employed and other entrepreneurial clients start with a choice between two methods, then make careful calculations.
December 21
-
The relief will go to roughly 4.7 million taxpayers who weren't sent collection reminder notices during the pandemic.
December 20
