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 service has raised the rates it pays for overpayments and charges for underpayments.
August 15
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The provisions are likely to change the tax planning used by the largest companies and their accounting firms.
August 15
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Private placement life insurance, or PPLI, is a decades-old strategy that has been gaining popularity among the super-wealthy as a way to protect their fortunes from income and estate taxes.
August 15
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The president is expected to sign the bill this week but hold a celebration in Washington on Sept. 6, after lawmakers have returned from their summer recess.
August 15
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House Democrats delivered the final votes needed on a slimmed-down version of their tax, climate and drug price agenda.
August 12
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The defendants argued that state prosecutors had no authority to bring charges for alleged avoidance of federal income tax and suggested that some of the perks could be characterized as "gifts."
August 12
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Republicans and Democrats have been sparring over whether the extra funding will be used to audit low-income and middle-class taxpayers.
August 12
