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.
-
The IRS says taxpayers in Maine and Massachusetts who were hit by the hurricane now have until Feb. 15 to file and pay some taxes.
September 25
-
The would-be Republican candidate is proposed eliminating the state and local tax deduction entirely, among other things.
September 25
-
The service is developing a contingency plan that may involve cutbacks if Congress can't reach a deal.
September 22
-
The proposed regulations define a digital asset as any digital representation of value that is recorded on a cryptographically secure distributed ledger or any similar technology.
September 22
Wolters Kluwer Tax & Accounting -
A taxpayer failed in his quest to use the "reasonable cause and good faith" exception to avoid an IRS fine of hundreds of thousands of dollars.
September 21
-
Charity for none; Dr. Backdate; frivolous correspondence; and other highlights of recent tax cases.
September 21
-
The service is encouraging employers to work with qualified tax professionals rather than shady promoters.
September 21
