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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To expand the affordability of energy-efficient vehicles for U.S. consumers, the law made changes to the tax credit for all-electric cars and hybrid plug-ins.
August 19
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Michael Cohen, who was sentenced to three years in prison for violating campaign-finance laws for the former president, criticized New York prosecutors for their leniency with a former colleague.
August 19
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The service's Appeals office is asking taxpayers and tax pros to weigh in on its final guidelines for use of its video meeting option.
August 19
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The chair of the Ways & Means Oversight subcommittee sent a letter asking for details from the IRS on how it will enforce tax law with new funding.
August 18
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The research and development tax credit for startup businesses is going from $250,000 to $500,000 per year.
August 18
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Hormones run wild; Ricky lost that number; asphalt bungle; and other highlights of recent tax cases.
August 18
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Allen Weisselberg's plea is the latest blow to former President Donald Trump.
August 18
