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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Americans who have put off their 2021 taxes have less than a week to file a return or an extension — and fill them out accurately to avoid trouble from the IRS.
April 14
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The service updated its FAQ on the credit, with additional information on receiving it on a 2020 tax return.
April 13
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The projections foreshadow a sharp increase in corporate tax collections because of a pact between nearly 140 countries to implement a 15% minimum rate.
April 13
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A court in the Channel Island of Jersey froze more than $7 billion of assets linked to Roman Abramovich, equivalent to half of his estimated wealth.
April 13
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Elizabeth Warren and Judy Chu want to know why those making less than $25,000 are audited more often than those making more than $200,000.
April 13
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Energy-policy mess; time is not on your side; cybersecurity planning; and other highlights from our favorite tax bloggers.
April 12
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Clients who moved their work between states due to the pandemic may find taxing authorities eyeing them more closely.
April 12
