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 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
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The board released an update to improve how companies disclose investments in tax credit structures by letting them use proportional amortization.
March 29
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Finance Minister Chrystia Freeland is planning to raise billions of dollars from banks and insurance companies by changing the tax rules for dividends they get from Canadian firms.
March 29
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The Swiss bank continues to help rich Americans hide assets from the IRS nearly a decade after a unit pleaded guilty to tax-evasion conspiracy, the Senate Finance Committee said.
March 29
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1099 trouble; getting a partner out; oh BOI; and other highlights from our favorite tax bloggers.
March 28
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'So far, so good,' say many practitioners about this year's tax season — but they're not letting their guard down.
March 28
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The U.S. agreed to boost cooperation with Japan on critical mineral supply chains and to expand access to tax breaks.
March 28
