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 Arizona Democrat, a pivotal vote in the Senate, is asking to drop a provision from the bill that would scale back a tax break for fund managers, known as carried interest.
August 4 -
Declining GDP, inflation surges and labor shortages and supply chain disruptions had deepened economic worries.
August 4 -
Legislation introduced by a mix of Republicans and Democrats would exempt the firms from being considered cryptocurrency "brokers."
August 3 -
Small business owners have been hampered by complicated tax forms and processes that kept them from claiming pandemic-related tax credits and payroll tax deferrals.
August 3 -
This is exactly the type of investment that the R&E tax credit was designed to promote.
August 3
KPMG LLP -
The bill would impose a 15% minimum tax on large corporations, beef up tax audits and force drug companies to offer Medicare lower prices.
August 3 -
The Treasury Secretary waded into the congressional debate over proposed economic and climate legislation.
August 3







