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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Benefits will be going up the most in 40 years as part of the annual cost of living adjustment in response to inflation.
October 13
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COVID cons; no IRA, no school, no problem; plane stealing; and other highlights of recent tax cases.
October 13
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The transition period has now been extended through Jan. 10, 2024 in which taxpayers are afforded a full 45 days to perfect a R&D tax credit claim for refund.
October 13
Sax LLP -
Pressure is coming from the financial markets and members of the ruling Conservative Party to restore economic credibility.
October 13
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The Treasury Department and the Internal Revenue Service issued final regulations to eliminate a so-called "family glitch" in qualifying for premium tax credits.
October 12
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The service posted drafts of the upcoming Schedule UTP form and instructions in an effort to improve the forms' usefulness.
October 12
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The e-commerce platform announced the launch of Shopify Tax.
October 12
