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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Grantor-retained annuity trusts thrive in a volatile stock market. Here are the lucrative tax reasons.
May 3
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German prosecutors are carried out the raid as part of their wider probe into the Cum-Ex scandal that robbed taxpayers of billions of euros.
May 3
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Lawmakers are weighing a tax that would slap a levy on imports of carbon-intensive goods from countries with weaker climate policies.
May 3
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Potentially tens of thousands of clients were stuck with significant tax bills this year because of a change the firm made to its target-date funds, according to a class-action lawsuit.
May 2
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The Internal Revenue Service issued its annual inflation-adjusted amounts for health savings accounts next year as the inflation rate surged to the highest level in decades.
April 29
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The tax incentive is a controversial policy, one that has created bitter resentment among many on the crisis-ravaged island.
April 29
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The Democratic senator pushed back on proposal to expand the popular credit, adding a new obstacle to White House plans for fighting climate change.
April 29
