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 Internal Revenue Service issued new guidance for taxpayers and tax practitioners submitting claims for refunds involving the research credit.
February 9
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These will offer tremendous tax-saving opportunities in the year ahead, but many people don’t take full advantage of them.
February 9
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The IRS is going after the gig economy, dramatically lowering the threshold for reporting income outside traditional workplaces.
February 9
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Democrats are risking the ire of voters inflamed by this year’s tax-filing season, as the stalling of President Biden’s economic package leaves them without promised benefits.
February 9
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The administration is pointing to funds still available to recipients of the credits that have not yet been claimed, as it struggles to extend those tax breaks this year.
February 8
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The service is setting up so-called “surge teams,” temporarily moving approximately 1,200 employees with previous experience back into key areas from other parts of the agency.
February 8
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Refunds straight to crypto; M&A & taxes; improving customer service; and other highlights from our favorite tax bloggers.
February 8
