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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Chicago homeowners are getting hit with a record property tax hike after downtown office buildings and other commercial real estate values fell again.
November 17
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The company, part of Malaysia's Genting Group, wants the state to lower its proposed tax rate or raise the levy that may be imposed on the other bidders.
November 17
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Pressure from political activist Laura Loomer apparently torpedoed the nomination of Donald Korb, who had previously served as chief counsel under President George W. Bush.
November 14
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The Internal Revenue Service announced the rates for the start of next year, which will stay the same as this quarter.
November 14
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Borrowers who receive discharges of their student debt under the Income-Driven Repayment program could be facing tax bills as high as $10,000 next year.
November 13
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Chinese tax authorities ordered e-commerce giants to hand over sales data for the first time, in a rare move to crack down on tax evasion.
November 13
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The Internal Revenue Service increased the annual retirement plan contribution limits for 2026 thanks to cost-of-living adjustments for inflation.
November 13
