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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An academic paper challenges the entrenched message that America faces a retirement crisis.
December 20
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Among the items on the cutting-room floor are a deal on corporate tax breaks, including the expensing of research and development spending.
December 20
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The Treasury Department announced a timeline for offering more information on some of the main tax provisions of the Inflation Reduction Act.
December 19
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A recent study found that using machine learning in tax audits can significantly increase evasion detection as well as delinquent tax collection.
December 19
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The tax landscape for U.S. multinationals is about to get messier now that the European Union has adopted a 15% minimum tax for big companies, unless Congress takes action.
December 19
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Gary Harmon was charged after 713 digital tokens, then worth almost $5 million, disappeared from a hardware wallet in an IRS evidence locker as authorities watched helplessly.
December 19
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The agency plans to return to pre-pandemic levels of service next filing season.
December 16
