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 average refund issued so far this year is $2,201, down about $600 from the typical refund issued last year, according to the IRS.
February 14
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Keep your fingers crossed, but initial reports suggest things are going smoothly so far.
February 14
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Employees all over the world are opting to get paid in cryptocurrencies, though they’re still in a small minority, according to global payrolls and hiring company Deel.
February 11
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A group led by Sen. Mike Crapo is asking the IRS to do all it can to help taxpayers this tax season.
February 10
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Egregious; Time runs out; third time’s the charm; and other highlights of recent tax cases.
February 10
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Senator Joe Manchin threw more cold water on the president's spending plans after inflation spiked to a 7.5% in January, the highest rate in four decades.
February 10
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Congress is asking questions about the high salaries paid to college football coaches at some top schools that receive tax exemptions from the Internal Revenue Service.
February 10
