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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In recent days, Biden and his aides have repeatedly cited Republican Senator Rick Scott’s “Rescue America” plan — from February.
May 12
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The federal government’s deficit has shrunk by some $1.57 trillion, driven by record receipts from a strong economy and a slowdown in spending.
May 12
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A research note from Barclays paints a picture of an exploding new industry that the IRS is struggling to hold to account.
May 12
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CEOs who prefer risky sports hobbies are more likely to take a risky approach to their company’s tax planning, according to a new study published by the American Accounting Association.
May 11
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What to change; cash flow forecasting; the sales tax paradox; and other highlights from our favorite tax bloggers.
May 10
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The service will be opening some Taxpayer Assistance Centers around the country this weekend.
May 10
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A group of tax enforcement leaders from five countries are collaborating on ways to investigate the use of nonfungible tokens and decentralized finance exchanges by tax criminals.
May 10
