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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Lack of Faith; concerted and conscious; Pipe schemes; and other highlights of recent tax cases.
June 23
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The service first offered the ability to file amended returns in 2020.
June 23
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Suspending the federal gasoline tax may sound like welcome relief, but experts warn it could bring mixed results — or even higher gas prices in the end.
June 23
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The senator's opposition to giving clean-energy developers direct payments may significantly reduce the tax credits they could get from Democrats’ reconciliation package.
June 23
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Suspending the federal gasoline tax would be a largely symbolic move by an embattled president running out of options to ease pump prices weighing on Democrats’ political prospects.
June 22
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The only clear theme from a recent Senate hearing was the lack of certainty around when a retailer should start collecting tax.
June 22
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A recent report suggests that, should the government invest more in compliance, could mean billions more in tax dollars collected.
June 22
