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 IRS did not meet a requirement under the Taxpayer First Act to create an online system for processing business transcript requests by January 2023, according to a new report.
March 15
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Investors and analysts had complained that the existing disclosures don't offer enough information.
March 15
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While the court's ruling in Bittner v. U.S. is considered taxpayer-favorable, there are issues to consider as you dig into the findings.
March 15
McGuire Sponsel -
The IRS notified the pharmaceutical giant that it owed $3.6 billion for the 2010-2012, and demanded $5.1 billion more for 2013-2015.
March 15
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E-help with CP notices; low-cost compliance; still learning from Eisenhower; and other highlights from our favorite tax bloggers.
March 14
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Shady operators and questionable calculators make the Employee Retention Credit a risky area for practitioners.
March 14
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The service provided some leeway on foreign income reporting requirements to people who needed to flee Ukraine, China, Belarus, Iraq, Ethiopia and Mali.
March 14
