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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April and Column Tax are among the startups capitalizing on the idea that taxes are part of a person’s financial life and banks are most suited to help with tax preparation and filing.
April 8
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Gov. Kathy Hochul and legislative leaders struck a budget deal that promises a little less pain at the pump, help for working parents, and new tax breaks.
April 8
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Treasury Secretary Yellen is counting on the support of corporate America for the deal to win passage in Congress — a crucial step for its worldwide success.
April 8
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Three-alarm fraud; trust no one; first, best and guilty; and other highlights of recent tax cases.
April 7
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Why the service has not exhausted the full arsenal of tools, resources and relief at its disposal is confounding.
April 7
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The IRS has the expertise to enforce President Joe Biden’s proposal to tax the unrealized gains of mega-millionaires and billionaires, Senator Elizabeth Warren contended in the face of criticism over the workability of a proposal she strongly supports.
April 7
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The Treasury secretary said a digital dollar would take years to develop if the U.S. decides to proceed with one, underscoring a deliberate approach by policymakers.
April 7
