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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Taxpayer information in this format isn't being safeguarded properly, according to a new report.
August 14
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The U.S. Attorney General has appointed a special counsel to oversee the ongoing criminal investigation into President Joe Biden's son over his taxes.
August 11
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Taxpayers who aren't under examination have a new option that promises to make it easier to request relief when they need to file international tax forms and documents past a deadline.
August 11
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Confidence man; Bits & Bytes & busted; lost that bet; and other highlights of recent tax cases.
August 10
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The service developed an indicator to lock the accounts of millions of taxpayers whom the agency assumed had died, but for tens of thousands of people, it may have been wrong.
August 10
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The guidance could spur development of renewable energy under the Inflation Reduction Act.
August 10
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A bipartisan group of four U.S. senators wants the IRS and Treasury Department to investigate whether nonprofit hospitals are abusing their tax-exempt status.
August 9
