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 ruling lets a cryptocurrency holder take the service to court over the service gathering private information about him without a lawful subpoena.
August 30
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Biden's program will wipe out federal debt for millions of borrowers, freeing up cash to compound in long-term nest eggs over decades.
August 30
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The next time you take a plunge in a private pool in France, the tax-man may be watching.
August 30
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The Institute of CPAs is updating its Statements on Standards for Tax Services and wants the IRS to hold off on renaming "virtual currency" as "digital asset" on tax forms.
August 29
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The crypto tax and accounting platform for professionals has released a new guide for tax management of digital currencies.
August 29
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Residents of New York, Virginia and 11 other states could end up with a surprise tax hit of hundreds of dollars next year on forgiven student loans.
August 29
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Concerns have mounted over the last few days about the tax ramifications of President Biden's forgiveness of student loan debt.
August 26
