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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Donald Trump, his older sons and his daughter Ivanka are among those who may be called to testify.
October 25
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Treasury Secretary Janet Yellen is throwing cold water on expectations that the agency will provide relief to foreign automakers lobbying against stringent limits on a popular electric-vehicle tax credit.
October 25
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"ERC mills" are encouraging applications for the tax credit from businesses that may not qualify for the pandemic relief program.
October 24
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The service hopes to use voice recognition to curb the use of robocalling services as a way to cut to the front of the line on phone calls to the Practitioner Priority Service.
October 24
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One of Donald Trump's most loyal deputies will testify against the Trump Organization, in a trial that threatens to reveal the inner workings of the real estate empire.
October 24
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The deal brings to an end the investigation into suspicions of laundering of tax fraud proceeds.
October 24
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The Internal Revenue Service is boosting the amount that Americans can plow into their retirement plans next year amid a surge in inflation.
October 21
