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 House reconvened for the vote Friday after Republican leader Kevin McCarthy delayed action with a more than eight-hour floor speech.
November 19
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Too much for the man; just sign here; candid con; and other highlights of recent tax cases.
November 18
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Just 1,275 families paid $9.3 billion in estate tax in 2020, down from $20 billion from nearly 5,500 families in 2018.
November 18
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The service seized $3.5 billion worth of cryptocurrencies during fiscal 2021, according to an IRS criminal investigation annual report
November 18
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A U.K. lawyer who got immunity from prosecution said that his former boss, Robert Brockman, did not commit tax evasion.
November 18
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A bipartisan group of lawmakers wants to alter who counts as brokers of crypto assets, less than a week after the current designation became law.
November 18
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The latest version of the spending package, which is still being debated, includes a minimum tax of 15% on a corporation’s book income.
November 18
