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 Organization for Economic Cooperation and Development introduced a framework this week for the automatic exchange of information between countries on crypto-assets, in response to a request from the G20 financial leaders.
October 12 -
The Swiss bank had promised in 2014 to stop helping U.S. citizens evade taxes, but investigators have their doubts.
October 11 -
While many new tax provisions don't take effect until 2023, tax advisors will be expected to alert their clients to issues affecting them.
October 11 -
PPP misrepresentation; rebuilding clients' basis; what you're doing wrong; and other highlights from our favorite tax bloggers.
October 11
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The 19 million taxpayers who filed for extensions have until Oct. 17 to file.
October 11 -
The rule change would cost affected companies, independent contractors, and local governments $188.3 million, the DOL estimated.
October 11 -
Banks and other financial institutions are starting to look at "embedded tax" to give people more control over their taxes.
October 11
"The Radical CPA"





