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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A recent study has found a correlation between tax scrutiny of digital assets and the use of tax loss harvesting as a compensating measure.
December 6
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The service is reacting to recent court decisions challenging its ability to classify the investments as abusive schemes.
December 6
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The celebrity lawyer was ordered to pay nearly $11 million in restitution to four clients as well as the IRS.
December 6
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Prosecutors worked to show that Trump executives, including former CFO Allen Weisselberg, evaded taxes on perks such as free apartments and luxury cars.
December 6
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From sea changes with inherited retirement plans to the ETF juggernaut, here's what advisors grappled with for affluent clients.
December 6
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The Internal Revenue Service and the Treasury issued a notice on labor requirements for enhanced tax benefits under the Inflation Reduction Act.
December 5
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The federal government's child tax credit just had its 25th anniversary, but not everyone is celebrating.
December 5
