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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The court agreed to decide how steep the penalties are for people who fail to file required reports with the federal government listing their foreign bank accounts.
June 21
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The president said he’s aiming to decide this week whether to move to suspend the federal gasoline tax.
June 21
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With two congressional recesses and an election coming up, time is running out.
June 20
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The pandemic and new IRS priorities are creating new opportunities for practitioners.
June 20
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The Internal Revenue Service, facing criticism over long hold times and disconnects when taxpayers try to reach its offices, is adding more options for callers to reach automated voice bots that can respond to their requests sooner.
June 17 -
New Jersey will expand its planned property-tax relief program, providing more than $2 billion to more than 2 million households, Governor Phil Murphy said.
June 17
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Giants like DraftKings and FanDuel are asking legislators to change the rules to lower their taxes after agreeing to them just last year.
June 17
