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 maker of TurboTax software reduced its fiscal second-quarter revenue forecast on a “slower forming tax season.”
February 15
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Rich investors with sizable business losses are caught in pandemic tax hell amid IRS delays.
February 15
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Joshua Jarrett hopes to make the IRS clarify its position on the taxability of the rewards.
February 15
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Harold Hamm executed one of the largest wealth transfers in U.S. history last week, handing each of his children a stake worth about $2.3 billion in Continental Resources Inc.
February 14
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The page aims to provide the latest about the current tax season, and the agency’s efforts to deal with the backlog of millions of previously filed returns.
February 14
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Crypto miners and stakers will be exempt from rules requiring digital-asset brokers to turn over information on their clients’ transactions to the IRS.
February 14
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The U.K.’s tax watchdog seized three nonfungible tokens as part of a suspected case of value-added tax fraud worth $1.9 million.
February 14
