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.
-
Advocates are pushing to restore the $20,000 threshold for reporting transactions from payment cards and third-party networks after it was lowered to just $600.
September 15 -
Kreston Global introduced a Global Transfer Pricing Group, led by David Whitmer, who leads the National Transfer Pricing Practice at Kreston's U.S. member firm CBIZ.
September 15 - AT Think Expanded 45L and 179D energy efficiency tax breaks have implications for real estate owners
Will the average taxpayer qualify for a larger deduction or credit, or will their eligibility drop?
September 15
McGuire Sponsel -
Treasury Secretary Janet Yellen unveiled some of the Biden administration's planned changes for the Internal Revenue Service.
September 15 -
Taxpayers are concerned the extra $80 billion will lead to more tax audits.
September 14 -
President Joe Biden ignored worse-than-expected U.S. inflation data that roiled markets during a planned celebration for his signature climate-and-tax law.
September 14 -
Fewer clients = more income; the new car credit; the IRA's real importance; and other highlights from our favorite tax bloggers.
September 13



