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.
-
Anxiety is growing over the pace of work to develop critical guidance on a slew of clean energy tax credits in the Inflation Reduction Act.
September 19
-
The service said Monday it plans to lower its audit rate of low-income taxpayers, even as some criticize its ability to protect taxpayer information.
September 18
-
A conversation with a former commissioner, Chuck Rettig, reveals the potential upside of the agency's tech plans.
September 18
"The Radical CPA" -
Kess, a renowned tax accountant, attorney and educator, died at the age of 97 on Sunday.
September 18
-
The new positions, which will be in more than 250 locations, will help ramp up compliance efforts against high-income earners, partnerships, large corporations, and promoters.
September 18
-
Hunter Biden sued the service, alleging that so-called IRS whistleblowers illegally disclosed information about his taxes.
September 18
-
The Internal Revenue Service released a sneak peak of some of the changes it's hoping to make to the form for claiming research credits.
September 15
