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 higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for teachers to consider whether that's feasible.
November 12
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CBIZ has released its 2026 Tax Planning Guide, offering a resource to help businesses and individuals navigate the One Big Beautiful Bill Act.
November 12
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Handling tough clients; not all revenue is created equal; military returns; and other highlights from our favorite tax bloggers.
November 12
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Millionaires, who comprise less than 1% of New York City filers, generate 40% of city income tax revenue, says the Citizens Budget Commission.
November 12
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President Trump's idea of mailing $2,000 "dividend" payments from tariffs to citizens marks a throwback to the stimulus checks distributed during COVID.
November 12
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The Internal Revenue Service has provided a safe harbor for certain trusts enabling them to stake their digital assets without jeopardizing their tax status.
November 11
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The industry asked for and received a delay in the rule from the IRS in 2023. Now that it's going into effect, here are the key implications for sponsors and savers.
November 11
