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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Million-dollar baseballs are raining down on fans like pennies from heaven, and the taxman isn't far behind.
October 6
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The request for comments is part of the Treasury Department's effort to fast-track the rules from the Inflation Reduction Act.
October 5
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Five current or former Internal Revenue Service employees allegedly submitted false and fraudulent loan applications that collectively sought over $1 million.
October 5
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The government is requesting responses on implementing the Inflation Reduction Act's climate proposals by Nov. 4 or sooner.
October 5
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Two revisions hope to clarify how taxpayers can meet with Appeals, and give them more contacts at the service.
October 5
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The money supports programs that help the elderly, the poor and others file their taxes.
October 5
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The 15% minimum tax in the legislation passed by Congress shouldn't be confused with the one that the Treasury has been encouraging countries to approve.
October 4
