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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States are trying to make a path toward that revenue stream, but a tax solely on digital advertising was not the way to do it.
January 19
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The accountant sold partnerships in deals known as syndicated conservation easements, which the IRS says are often fraudulent tax shelters.
January 19
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The world's governments stand to increase their tax revenues by about $250 billion a year by rewriting the rules for multinationals, according tothe OECD.
January 19
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The service is increasingly relying on information provided by financial institutions to uncover tax-related crimes such as money laundering and drug trafficking.
January 18
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The acquittal by a Philippine court may ease concerns over media freedom in one of Asia's oldest democracies.
January 18
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The justices turned away a Missouri appeal that sought to ensure states can cut taxes even as they receive $195 billion in federal pandemic-relief money.
January 18
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The Internal Revenue Service could be doing more to detect and deter promoters of abusive tax schemes, according to a new report.
January 17
