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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With the House expected to take up the bill soon, here are its important details.
August 11
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Former Treasury Secretary Lawrence Summers criticized the stripping of a global corporate minimum tax from the recent tax-and-climate change bill.
August 11
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Many jurisdictions are increasing rates 'at an impressive clip,' according to the Vertex Mid-Year Report.
August 11
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The summonses are part of a broader effort by U.S. lawmakers and regulators, including the SEC and the CFTC, to extend their oversight to crypto trading.
August 11
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The institute wants the Internal Revenue Service to address 'plummeting' service levels on its so-called Practitioner Priority Service and make fixes.
August 10
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The Internal Revenue Service is searching for a new deputy chief of its Independent Office of Appeals to help manage and develop the office.
August 10
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What are the possible advantages and what should business owners think about?
August 10
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