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 ramifications of the momentous Supreme Court ruling continue to unfold.
June 16
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A top renewable power trade group endorsed rigorous requirements for a new hydrogen tax credit that would rule out the use of electricity from older wind, solar and nuclear facilities.
June 16
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Plus, Deloitte launches a cloud-focused security and compliance service; and other accounting technology news.
June 16
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The service had to scramble to reconcile the advance payments of the Child Tax Credit it distributed in 2021 with the amounts later reported by recipients.
June 15
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A wrong turn; from the people; busy lady; and other highlights of recent tax cases.
June 15
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Provisions from the IRA aim to spur investment in places that have experienced declines in fossil energy production, especially hard-hit coal-mining towns.
June 15
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House conservatives proposed raising the retirement age to collect Social Security, handing Democrats damaging political ammunition ahead of the 2024 election.
June 15
