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 Internal Revenue Service needs to beef up security at its facilities to address ongoing threats, according to a recent report.
September 23
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M.Y. Safra Bank must produce information to the Internal Revenue Service about customers who may have failed to pay taxes on cryptocurrency transactions through prime dealer SFOX Inc., a U.S. judge ruled.
September 23
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Repeat business; bar none; installment plan; and other highlights of recent tax cases.
September 22
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The attorney general for Washington, D.C., has filed a consumer protection lawsuit against Liberty Tax accusing the tax prep chain of deceiving consumers with misleading ads and promotions and predatory pricing.
September 22
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A provision in the Tax Cuts and Jobs Act that was supposed to raise hundreds of billions of dollars in taxes on deferred earnings from multinationals is only bringing in about one-third of the projected revenue.
September 22
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The state has become the first in the U.S. to accept cryptocurrency for tax payments.
September 22
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New York Attorney General Letitia James filed a sweeping lawsuit accusing Trump of inflating his asset values by billions of dollars to obtain favorable loan terms and other financial benefits.
September 22
