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 Internal Revenue Service won't meet its goal of catching up on its backlog of millions of unprocessed tax returns by the end of this year.
December 22
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As 2023 comes into view, the specter of 87,000 new IRS employees has gotten the attention of accountants and bookkeepers — as well as small and midsized business owners.
December 22
The Neat Company -
Former President Donald Trump's attempt to use a Florida lawsuit to stall New York's $250 million civil fraud case against him was rejected by a federal judge who called some of his arguments "plainly frivolous."
December 22
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A recent study has suggested that, as robots increasingly intertwine with the economy, a small tax ranging from 1-3.7% of their value may help address some of the disruptive effects.
December 21
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Dozens of audit triggers litter Donald Trump's tax returns, according to Congress's top nonpartisan tax lawyers.
December 21 -
The move caps a three-year legal saga initiated by Democrats to obtain and release the former president's closely held financial documents.
December 20
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NFT guide; levels of the IRA; new blog in town; and other highlights from our favorite tax bloggers.
December 20
