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 majority of the service's extra funding from the Inflation Reduction Act is currently dedicated to improving tax enforcement to collect more revenue.
March 30
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The Internal Revenue Service issued a revenue ruling that aims to prevent abuse of stepped-up basis adjustments in irrevocable grantor trusts.
March 30
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His Dishonor; World of hurt; Structural defects; and other highlights of recent tax cases.
March 30
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Correct accounting, tax preparation and reporting in the cannabis industry requires proper operational setup and processes, expertise and tools.
March 30
Dope CFO Certified Advisos -
With input from tax influencers, a Keeper report discusses five enduring Tiktok myths about personal finances.
March 30
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Football clubs in England's top division have been accused of avoiding tax on an industrial scale, with the Premier League alone accounting for £470 million ($582 million) in lost taxes since 2015.
March 30
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The West Virginia senator ramped up criticism over an upcoming interpretation of content rules for electric vehicle tax credits, which he suspects will be too broad and generous to foreign suppliers.
March 30
