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 group of House lawmakers on both sides of the aisle is pushing to expand the Low-Income Housing Tax Credit as the supply of affordable housing remains tight.
November 28
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The Government Accountability Office wants the agency to use the extra $80 billion it's getting from Congress to improve compliance.
November 28
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With markets down so far this year and persistent inflation back, certain tax-saving moves can be particularly useful.
November 27
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Almost made 100; O Canada; check's not in the mail; and other highlights of recent tax cases.
November 23
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The Internal Revenue Service issued its annual notice on the amendments needed for retirement plans for employees of schools, tax-exempt organizations and ministers.
November 23
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An accountant with Mazars USA who prepared the former president's tax returns for years was the first defense witness in the tax fraud trial of two Trump companies.
November 23
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The court's terse two-sentence order, letting a House committee get six years of Trump's tax returns, marked the fourth time the justices have rejected him over documents since he left office.
November 23
