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 19 million taxpayers who filed for extensions have until Oct. 17 to file.
October 11 -
The rule change would cost affected companies, independent contractors, and local governments $188.3 million, the DOL estimated.
October 11 -
Banks and other financial institutions are starting to look at "embedded tax" to give people more control over their taxes.
October 11
"The Radical CPA" -
Beneficiaries won't get hit with a 50% penalty for not making withdrawals in 2021 and 2022 — an unexpected move by the IRS. But questions still remain.
October 10 -
Partners will get access to the company's compete portfolio of compliance solutions, training, sales and marketing tools, and a self-service portal, as well as its regulatory and tax expertise.
October 7 -
While it's true that many companies qualify for the employee retention tax credit, there is significant concern about abuse and fraud.
October 7
KBKG -
Plus, Iris launches an Employee Self Service module for payroll; Replicon releases an automated time tracking solution; and other news from the accounting technology world.
October 7






