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 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 -
The new site makes it easier to report fraud, suggest audits and learn about scams.
November 23 -
An old solution to a new question; misconceptions about making partner; keeping staff; and other highlights from our favorite tax bloggers.
November 22
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The Internal Revenue Service is cautioning taxpayers to beware of the newly lowered threshold if they received payments amounting to as little as $600.
November 22 -
Todd and Julie Chrisley, stars of the long-running cable TV series "Chrisley Knows Best," received prison sentences of 12 years and seven years, respectively, on tax evasion and bank fraud charges.
November 22 -
The House Ways and Means Committee had been racing the calendar to obtain the records before Republicans assume control of the House in January.
November 22 -
Taxpayers can no longer get away with 'substantial compliance' — they need to have their 'contemporaneous written acknowledgements' in order.
November 22







