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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Run but can't hide; lack of support; Romanian holiday; and other highlights of recent tax cases.
October 6
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The Internal Revenue Service's streamlined application process for tax-exempt status could be allowing corrupt charities to claim exemptions before the IRS has enough information.
October 6
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The Criminal Investigation unit in Mexico City helped locate 79 criminals in Mexico, Belize, El Salvador, Guatemala and Honduras in the past fiscal year.
October 6
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Million-dollar baseballs are raining down on fans like pennies from heaven, and the taxman isn't far behind.
October 6
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The request for comments is part of the Treasury Department's effort to fast-track the rules from the Inflation Reduction Act.
October 5
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Five current or former Internal Revenue Service employees allegedly submitted false and fraudulent loan applications that collectively sought over $1 million.
October 5
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The government is requesting responses on implementing the Inflation Reduction Act's climate proposals by Nov. 4 or sooner.
October 5
