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.
-
The Senate GOP leader said he will block bipartisan legislation to boost U.S. competition with China.
July 1
-
Pawn king; tell us where it hurts; check’s not in the mail; and other highlights of recent tax cases.
June 30
-
The Treasury and the IRS are likely to push off a January date for firms to begin tracking data such as customers’ capital gains and losses.
June 30
-
Senate Democrats are working on shrinking the tax increases in the president's economic package as part of a bid to get it passed in the coming weeks.
June 30
-
The committee's annual report praised the service's improvements on the e-file process, but said it will need more support from Congress to truly achieve excellence.
June 29
-
The Internal Revenue Service is planning to mandate a new electronic fingerprinting process for e-file applications for tax pros starting Sept. 25.
June 29
-
A senior member of the House Ways and Means Committee has introduced legislation to double the size of the research and development tax credit and enable more small-business startups to claim it.
June 29
