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 doubling of California's film and TV tax credits to $750 million a year is showing promise in bringing production back to the state.
October 21
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A millionaire levy in Massachusetts has generated $3 billion more in revenue than expected without forcing significant high-profile departures from the state.
October 21
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The One Big Beautiful Bill Act will boost the number of filers who must calculate their AMT. But that doesn't mean they're all going to have to pay it.
October 20
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Tax advisors can play a significant role in alerting clients to the availability of various options and strategies for an unneeded life insurance death benefit.
October 20
The TOLI Center East -
Influential conservative groups with deep pockets are pushing Republicans to demand steep concessions from Democrats in exchange for extending health care subsidies.
October 20
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Starting next year, more households will need to calculate or pay the AMT. The rules are complicated. Here's how financial advisors can prepare themselves — and clients — for the changes.
October 20
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Gary Shapley and Joseph Ziegler reached settlements with the IRS and the Justice Department, and their lawsuit against Biden's attorney was dismissed by a judge.
October 17
