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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California drew in 11% less in personal income tax revenue than it expected so far this year.
September 19
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Yvon Chouinard described his decision to give away the outdoor apparel-maker as his last-ditch effort to do all he could to protect the planet, but the deal is structured in ways that bring his family tax perks.
September 16
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The Act provides higher deductions for meeting prevailing wage and apprenticeship requirements.
September 16
ICS Tax LLC -
Shah was named as the mastermind of the scheme in which pension plans filed for tax returns to which they weren't entitled, because they never paid the taxes to begin with.
September 16
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Business Roundtable Chief Executive Officer Joshua Bolten on Wednesday flagged concerns that reviving the deduction for R&D will fall off of Congress's agenda later this year, despite it having bipartisan support.
September 16
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The president is likely to nominate Beth Kaufman, a partner at the law firm Caplin & Drysdale, to be IRS chief counsel.
September 16
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Kin capers; Easy money; just feeling frivolous; and other highlights of recent tax cases.
September 15
