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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Senator Joe Manchin is pushing back against efforts to apply broad interpretations to a tax credit for electric vehicles that he largely wrote.
January 27
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Hundreds of occasions; now for the hard labor; fool me twice; and other highlights of recent tax cases.
January 26
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Sens. Ben Cardin, a Democrat, and Tim Scott, a Republican, introduced bipartisan legislation to offer tax credits for tips to beauty services providers.
January 26
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The service unveiled a long-awaited online portal where businesses will be able to file their 1099 information returns for free.
January 25
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The Supreme Court and the Eleventh Circuit issue separate rulings on the controversial law that would prevent states from lowering taxes after accepting federal aid.
January 25
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One of the most anticipated tax extenders was a delay in the Section 174 amortization requirement. With the extenders not passing, many taxpayers are asking, "What now"?
January 25
McGuire Sponsel -
Senate Democrats plan their own political counter-programming to House Republicans' threats of wide-ranging probes, taking on issues like corporate tax avoidance and union-busting.
January 25
