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 service needs to make changes in its management of taxpayer accounts to reduce the backlog of millions of unprocessed tax returns, according to a new report.
March 24
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Talk to my agent; calling all volunteers; right in the teeth; and other highlights of recent tax cases.
March 24
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The CI division has conducted more than 660 investigations over the past two years.
March 24
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Americans are still benefiting from a raft of pandemic relief measures that are contributing to the biggest tax refunds seen at this point in the filing season in more than a decade.
March 24
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New York investigators are seeking tax records from another accounting firm, RSM US, that did work for the former president's company.
March 24
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A former IRS employee pleaded guilty to tax evasion after the IRS accused him of filing false tax returns and providing fabricated records in an effort to obstruct a tax audit.
March 23
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The Internal Revenue Service updated its frequently asked questions page with new and updated information about the exclusion provided under the American Rescue Plan Act of 2021 of up to $10,200 in unemployment income for 2020.
March 23
