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 company has been steering users toward a live, full-service version of the TurboTax service this year, in an attempt to compete with traditional accountants.
May 24
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Audits on the rise; law vs. accounting; your summer hours' note; and other highlights from our favorite tax bloggers.
May 23
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A pair of lawmakers proposed bipartisan legislation to streamline the tax filing extension process.
May 23
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It's 'a wakeup call' for taxpayers to stay on top of any communication they get from the service.
May 23
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The amendments give companies temporary relief from accounting for deferred taxes arising from the OECD's Pillar Two rules.
May 23
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Tax-loss harvesting can eke out some extra percentage points of return — if you don't try to time the market and miss a rebound.
May 23
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The European Commission is in court to contest a painful setback at a lower tribunal in 2020 over its record bill for the iPhone maker.
May 23
