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 service isn't doing enough to safeguard sensitive information when it's shipped between tax processing centers, according to a new report.
August 3
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The Treasury wants to curb the use of some types of transactions by listing them as potentially abusive tax dodges.
August 3
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Despite repeated encouragement by his accountant, Biden never signed or submitted his returns.
August 3
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The Internal Revenue Service hopes to process all of the tax correspondence, notice responses and nontax forms it receives digitally in the next two years.
August 2
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The organization recently issued important new guidance that has significant implications for U.S. companies doing business abroad.
August 2
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Several tax lawyers said agents may have gone too far by looking for crimes in transactions that promoters promised were permissible under a 2011 tax treaty.
August 2
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The Treasury Department is trying to modernize the badly outdated agency in a bid to improve customer service and ramp up enforcement.
August 2
