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 guidance could spur development of renewable energy under the Inflation Reduction Act.
August 10
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A bipartisan group of four U.S. senators wants the IRS and Treasury Department to investigate whether nonprofit hospitals are abusing their tax-exempt status.
August 9
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The Internal Revenue Service is cracking down on the use of employee stock ownership plans as a way to avoid taxes.
August 9
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Deloitte Tax chair and CEO Carin Giuliante is watching closely as new rules are taking effect in both the U.S. and internationally while recruiting new talent.
August 9
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The tax prep franchise's owner, NextPoint, earlier sought bankruptcy protection in Canada.
August 9
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The Italian government backtracked on part of its new tax, saying it would introduce a cap to limit the impact for many lenders.
August 9
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Jackpot tax bite; still a hard world; it's your time; and other highlights from our favorite tax bloggers.
August 8
