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.
-
A revamped version of the ChildTaxCredit.gov site adds new features to help with filing taxes and accessing the full amount of unpaid credits.
January 24
-
The service faces a backlog of millions of unprocessed tax returns, and warned taxpayers and preparers to be patient.
January 24
-
Robert Brockman, who is charged with the largest criminal tax-evasion case by an individual in the U.S., asked a judge to lift an IRS 'jeopardy assessment.'
January 24
-
Families claiming the Child Tax Credit and newly self-employed Americans are among filers likely to see the biggest challenges this year.
January 24
-
It wants more than 200 attorneys, in fact, to help it fight illegal tax schemes.
January 23
-
Two leaders of Congress’s main tax-writing committee introduced legislation Friday to undo tax refund delays for recipients of the Earned Income Tax Credit who file their taxes early.
January 21
-
The Internal Revenue Service has implemented a new verification process for taxpayers who want to access their online tax accounts and self-help tools that includes taking a selfie and submitting a photo of their driver’s license or passport to a third-party service, ID.me.
January 21
