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.
-
Proposed regs from IRS finally address the reporting threshold confusion that has plagued tax practitioners since 2021.
February 5
-
Trump suggested he could exert pressure on Attorney General Pam Bondi and Treasury Secretary Scott Bessent, saying there had "never been anything like it."
February 5
-
None of the findings in a new working academic paper will likely surprise financial advisors. But they could provide some helpful data for conversations with investors.
February 4
-
Senators Ron Wyden and Elizabeth Warren want to know if the DOJ plans to defend the IRS against Trump's $10 billion lawsuit over the leak of his tax returns.
February 4
-
The basics of the car loan interest deduction is that it must be a new vehicle assembled in the United States, with the loan being a first lien on the vehicle.
February 4
Wolters Kluwer Tax & Accounting -
The Internal Revenue Service and the Treasury released proposed regulations on the clean fuel production credit under the One Big Beautiful Bill Act.
February 3
-
A complicated kind of debt deal is electrifying the muni market these days: prepaid energy bonds.
February 3
