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 state and local tax deduction issue threatens to spark a showdown among Democrats as high-stakes Senate talks inch closer to a deal on President Biden’s economic agenda.
July 14
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While Charles Rettig is scheduled to testify to Congress’s main tax-writing committees, IRS officials offered potential justifications for the unusual audits.
July 13
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The modern tax department is increasingly technology-centered as compliance work is increasingly shifted outside, requiring new skills and competencies of their professionals.
July 13
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Congress has returned from recess this week to a packed agenda and not much time before their scheduled summer recess.
July 13
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The Big Apple's estimated personal income-tax payments in June declined to the lowest level since 2017.
July 13
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The IRS and politics — nothing new; AICPA priorities; new blog on the block; and other highlights from our favorite tax bloggers.
July 12
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Dozens of companies in the U.S. are joining a pilot program to test a common electronic invoicing network.
July 12
