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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Republicans already hit hospital finances in their massive tax and spending package this summer that included cuts to Medicaid.
December 11 -
Brazilian President Luiz Inacio Lula da Silva wants his U.S. counterpart to arrest the Florida resident accused of being the South American country's biggest tax debtor.
December 10 -
The "Cum-Cum" tax scandal has embroiled some of the biggest banks in the country.
December 10 -
The agency is also looking for feedback on the guidance by next March.
December 10 -
Extension battle goes on; flipping out; correcting clients' misinformation; and other highlights from our favorite tax bloggers.
December 9
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Morningstar's study of this growing area of asset management suggests that 529 plan quality is rising, despite the research firm's lackluster grades for it.
December 8 -
The American Institute of CPAs advised the Treasury and the IRS to simplify the tax reporting requirements for partnerships and S corporations — or passthrough entities.
December 8








