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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Brandon Johnson wants to close nearly half of next year's $1.19 billion deficit with new or higher taxes on large corporations, big tech companies and the rich.
October 16
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Some kind of increase seems on the cards as the Empire State braces for billions in federal cuts to health and food aid.
October 15
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The Trump administration's tax bill has created the opportunity to deduct domestic R&E expenses
October 15
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Accountants who advise private equity clients will want to be aware of what these mean for private equity sponsors and their portfolio companies.
October 15
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A review of over 800 calls found that the overwhelming majority of phone interactions with Internal Revenue Service reps were courteous and professional.
October 15
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Prosecutors agreed to dismiss the indictment against Ver, who admitted that he failed to pay all the taxes that he owed to the IRS on the sale of Bitcoin after he renounced his U.S. citizenship.
October 14
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The giant automaker is taking a hit as the market for electric vehicles is reshaped by the Trump administration's removal of tax credits and other incentives.
October 14
