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 shift to a sustainability model is ushering in a new age of tax reporting.
August 25
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The country's progressive personal income tax schedule is undermined by deductions that largely benefit high-income earners.
August 25
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The tax agency will automatically issue the refunds or credits for most of the fees by the end of September.
August 25
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The service is providing relief to most individual and business taxpayers who filed their 2019 or 2020 returns late due to the pandemic.
August 24
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Rich Americans are hiding "vast amounts of income" from the Internal Revenue Service by exploiting a "deeply troubling" loophole in FATCA, according to a Senate report.
August 24
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The agency has become a target of GOP lawmakers in recent weeks after President Biden signed a new spending law with funding for tax enforcement, technology upgrades and taxpayer service.
August 23
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Scare tactics about the IRS; marketing for one; a new blog; and other highlights from our favorite tax bloggers.
August 23
