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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Treasury Secretary Janet Yellen indicated the U.S. will be unable to sign a treaty on global tax rules in time to uphold a deal that prevents other countries from imposing new levies on some of the largest American tech companies.
October 17
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Residents in 55 out of 58 counties have an extra month to file and pay.
October 16
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The NAEA is asking the service to resume sending reminder notices immediately to non-filers and those with balances due of more than $10,000.
October 16
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The service is trying to leverage the extra funding to collect more taxes, but has spent surprisingly little so far.
October 16
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Many partners say the quality of the tax returns they were given to sign was not satisfactory, and they found many more errors than they considered acceptable.
October 16
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Gov. Pritzker's comments follow months of speculation over how Chicago Mayor Brandon Johnson plans to raise revenue to tackle the city's embattled finances.
October 16
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The manner in which Charles Littlejohn pulled off one of the most egregious security breaches in IRS history was revealed in a court filing.
October 16
