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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The proposal, which would impose a one-time 5% tax on a billionaire's net worth, has become one of the most closely watched political fights in California.
June 15
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French President Emmanuel Macron refused to drop the country's digital tax after Donald Trump threatened new tariffs, setting the stage for a confrontation.
June 15
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With AI poised to take over basic tax prep, practitioners need to double down on the value they've always added, says AICPA chair Jan Lewis.
June 15
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Breakaway Advising -
Ultimate frisbee team; sham sale; abusive trust; and other highlights of recent tax cases.
June 11
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The number of private tax-advantaged foundations and the amount of assets contained in them has reached nearly $2 trillion, even as the administration considers imposing new taxes.
June 11
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Some state lawmakers are introducing tax legislation targeting the growing use of artificial intelligence, according to a new report.
June 11
