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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Robocalling the IRS; year-end pay adjustments; ready to quit; and other highlights from our favorite tax bloggers.
October 25
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A circuit court judge found the law unconstitutional, and a violation of the Internet Tax Freedom Act.
October 25
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Just $600 in gross sales is going to trigger a 1099-K for gig workers and sellers on sites like eBay and Etsy.
October 25
Thomson Reuters Tax, Audit & Accounting Professionals -
A lucrative deduction for luxury vehicles used at least half the time for business will start tapering come 2023.
October 25
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Donald Trump, his older sons and his daughter Ivanka are among those who may be called to testify.
October 25
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Treasury Secretary Janet Yellen is throwing cold water on expectations that the agency will provide relief to foreign automakers lobbying against stringent limits on a popular electric-vehicle tax credit.
October 25
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"ERC mills" are encouraging applications for the tax credit from businesses that may not qualify for the pandemic relief program.
October 24
