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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Small business owners have been hampered by complicated tax forms and processes that kept them from claiming pandemic-related tax credits and payroll tax deferrals.
August 3
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This is exactly the type of investment that the R&E tax credit was designed to promote.
August 3
KPMG LLP -
The bill would impose a 15% minimum tax on large corporations, beef up tax audits and force drug companies to offer Medicare lower prices.
August 3
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The Treasury Secretary waded into the congressional debate over proposed economic and climate legislation.
August 3
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The Joint Committee on Taxation found that some middle- and low-income households could pay $16.7 billion in additional taxes next year as a result of the draft bill.
August 3
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The IRS used 84 selection filters last year to ferret out identity theft on business tax returns during the pandemic.
August 2
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The Inflation Reduction Act; latest scams; accountant icons; and other highlights from our favorite tax bloggers.
August 2
