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 Florida governor waded into the debate over gas stoves and government regulation.
February 3
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The Biden administration will allow more crossover SUVs to qualify for the newly-revamped electric vehicle tax credit following lobbying by automakers such as General Motors Co. and Stellantis NV.
February 3
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The West Virginia senator said the administration has "cherry picked" which of the new rules for electric vehicle tax breaks it wants to follow.
February 3
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Childcare shuffle; engineering a scam; one cent for tribute; and other highlights of recent tax cases.
February 2
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The Internal Revenue Service audits Black taxpayers at 2.9 to 4.7 times the rate of non-Black taxpayers, according to a new study.
February 2
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Florida's governor is pushing for tax cuts and pay increases for state employees in the coming year's budget as revenue surpasses forecasts.
February 2
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An in-depth look at the provisions of the new act and how they impact retirement planning.
February 2
