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.
-
The Joint Committee on Taxation found that some middle- and low-income households could pay $16.7 billion in additional taxes next year as a result of the draft bill.
August 3
-
The IRS used 84 selection filters last year to ferret out identity theft on business tax returns during the pandemic.
August 2
-
The Inflation Reduction Act; latest scams; accountant icons; and other highlights from our favorite tax bloggers.
August 2
-
An inside look at the tax provisions of the Schumer-Manchin compromise.
August 2
-
The IRS announced extensions for any area designated by FEMA.
August 2
-
Now that Senator Joe Manchin is on board with a $433 billion tax and climate bill, Democrats, Republicans and the private equity industry all are trying to suss out where the Arizona lawmaker stands.
August 2
-
The service is warning tax professionals to be on the lookout for signs of data theft so they can respond quickly on behalf of their clients.
August 2
