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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An omnibus spending bill released by congressional appropriators would reduce a budget increase for the Internal Revenue Service previously passed by the House by over half.
March 9
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The Treasury has sought to reassure a group of Republican senators the agreement will have a negligible impact on U.S. tax revenue.
March 9
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The Empire State wasn’t the only one to come out ahead, with all 50 states receiving more from the federal government than their residents paid in taxes in fiscal year 2020.
March 9
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Riding a demographic shift that predates the pandemic, Idaho has seen its sales tax collections increase by almost 40%.
March 9
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The tax compliance software companies announced they have integrated their products to provide tax data solutions centered on information reporting and compliance.
March 8
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Cracks and answers of income; myths of cheating; bonds and a stadium; and other highlights from our favorite tax bloggers.
March 8
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The Internal Revenue Service has been increasing its tax audits of the lowest-income wage earners to keep its overall audit numbers from declining, according to a new report.
March 8
