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 IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on the new reporting requirements.
November 5
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Any new taxes to fund his agenda need the backing of the state, and Governor Kathy Hochul has said she's against such hikes.
November 5
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Voters in the Texas capital blocked a property tax increase that would have raised tens of millions of dollars to support homeless people and pay for other services.
November 5
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Avalara announced that its Avi AI, first launched as a chatbot, is now an AI agent that will orchestrate an entirely new network of other AI agents.
November 4
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If a political appointee tried to demand a probe of a left-wing donor, they would not only violate the law but also trigger a criminal reporting requirement.
November 4
The Tax Law Offices of David W. Klasing -
President Donald Trump's three U.S. Supreme Court appointees will play pivotal roles as the court considers the fate of his signature global tariffs Wednesday.
November 4
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Rick Woldenberg, who runs two educational-toy businesses, says BubblePlush Yoga Ball Buddies have been hit especially hard by Trump's fluctuating tariffs.
November 3
