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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Members of the Senate and House introduced bipartisan legislation to build more housing with the credit.
May 15
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The Internal Revenue Service has caught up on much of the pile of unprocessed tax returns, but it's still not back to normal.
May 15
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Commissioner Werfel is promising to fix the method of selecting taxpayers for examinations that seems to lead to more Black taxpayers being audited.
May 15
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The North Carolina real estate appraiser is cooperating with prosecutors, as are five accountants who helped sell syndicated conservation easement tax breaks.
May 15
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The Big Four firm's Australia unit said former Telstra CEO Ziggy Switkowski will lead an independent review into its governance and culture.
May 15
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The Finance Committee found that the TCJA enabled some of the biggest to lower their tax bills by shifting profits abroad.
May 12
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The service is removing employees' first names from correspondence, but their last names and phone numbers will still appear.
May 12
