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 Golden State is poised to restore corporate tax breaks and extend its workaround for the federal cap on deductions for state and local taxes.
February 8
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The service's Criminal Investigation division listed its top 10 cases for 2021, and it's a stew of tax evasion, Ponzi schemes, COVID fraud, cybercrime and more.
February 8
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The Internal Revenue Service backtracked from a plan to use facial recognition software from a third-party company for taxpayer authentication.
February 7
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The unit that checks employee benefit plans for compliance with various requirements scored dramatically lower on its quality reviews in recent years, according to a new report.
February 7
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The biggest win of her tenure — a global agreement on corporate taxes — remains incomplete.
February 7
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Senate Finance chair Ron Wyden weighed in on the use of third-party facial recognition software ID.me in a letter to Commissioner Rettig.
February 7
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A selection of TACs will be open on weekends once a month until the end of tax season.
February 6
