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.
-
With social media and the internet multiplying the ways people can give, the rules are more important than ever.
June 2
-
The plunging value of many cryptocurrencies and nonfungible tokens has led to worries about the tax implications faced by crypto investors and companies.
June 1
-
The service posted the new deputy chief taxpayer experience officer position on a federal jobs site, and announced plans to hire thousands of contact reps this summer.
June 1
-
The service is taking steps to increase its audit rates of higher-income taxpayers after coming under sharp criticism in Congress over its lagging audit numbers.
June 1
-
A federal appeals court has affirmed a district court’s decision that gave priority to an Internal Revenue Service levy on a decedent’s estate over the decedent’s children’s rights under Louisiana law.
May 31
-
Investors in digital assets have been pummeled recently by the longest losing streak since 2011, but if they act promptly, they can cut their tax bills.
May 31
-
The new law requires digital apps and online marketplaces to send a tax form to both the IRS and a recipient who receives $600 or more a year in online payments.
May 30
