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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Compliance solutions provider Sovos announced expansions to its AI platform, including product tax code classifications for sales and use tax and data mapping.
November 11
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Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced funding, and the shutdown will be felt during the 2026 tax filing season and perhaps beyond.
November 11
Wolters Kluwer Tax & Accounting -
As the Senate advances a possible end to the 40-day government shutdown, the IRS is adjusting its plans amid a wave of layoffs and program closings.
November 10
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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 10
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The former Met and Dodger was indicted in 1995 and pled guilty over his failure to report $350,000 in income from autographs and sales of memorabilia.
November 10
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The Organization for Economic Cooperation and Development's framework for international taxes has been coming under pressure in recent months from a U.S. stance.
November 10
Deloitte Tax LLP -
Frank Bisignano, who's now leading both the Social Security Administration and the Internal Revenue Service, dodged a $300 million loss by divesting his stake.
November 10
