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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A bipartisan group of 100 lawmakers in the House and Senate wrote a letter to IRS Commissioner Charles Rettig asking him to provide further relief to taxpayers who have been receiving warning notices from the IRS this tax season.
March 15
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Think you pay too much in taxes? You probably do, if you are like the 46% of Americans who say they’re looking to get a refund check from the IRS this year.
March 15
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Several states have taken steps to temporarily roll back their gasoline taxes, a move the Biden administration is considering backing on the federal level.
March 15
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The bull market has made many wealthy clients overweight in single stocks. Here’s what they can do to diversify their retirement nest eggs and cut taxes.
March 15
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A new report reveals that the service met only 67% of its hiring goals for last year in a key area.
March 14
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Individual tax return preparation will be revved up going into the last month of tax season.
March 14
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Finance Committee chair Ron Wyden is developing policies that could remove some tax benefits available to Russian and Belarusian individuals and entities that earn income from the U.S.
March 11
