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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Allen Weisselberg claims charges filed against him in New York are barred by his federal immunity deal in a separate case involving former President Trump’s payments to a porn star.
February 23
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A new bill would end the tax-exempt status for new sales of municipal bonds that finance professional sports stadiums.
February 23
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Public offers; a second soda tax mess; never fail to put off; and other highlights from our favorite tax bloggers.
February 22
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The Internal Revenue Service is allowing taxpayers to create online accounts through a live, virtual interview with agents, instead of submitting a selfie or other biometric data, after a backlash erupted over privacy concerns.
February 22
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It's counterintuitive, but basic short selling can boost the after-tax return on an entire retirement portfolio.
February 22
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In order for tax season to be successful, everyone must follow the system.
February 21
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Republicans on the Senate Finance Committee are asking Treasury Secretary Janet Yellen to keep both parties in Congress involved in negotiations.
February 18
