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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Democratic Governor Phil Murphy has promised no new taxes or transit fare hikes, and more funds for low- and middle-income residents' needs.
February 28
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The service is giving taxpayers more time to file tax refund claims for tax returns they filed earlier in the pandemic.
February 27
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A GAO report has several suggestions for decreasing the difference between taxes owned and taxes paid.
February 27
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The average refund is smaller, but the IRS has been keeping up on processing returns so far.
February 27
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New data from Fidelity Investment shows disparate reductions in account balances for IRAs and employer-sponsored retirement plans last year.
February 26
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The service announced the extension as Southern California braces for blizzards for the first time since 1989
February 24
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Better IRS phone service, overly aggressive ERC claims, a talent shortage, and other top topics of filing season.
February 24
