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.
-
It’s a cliche that’s out of date, advisors say; instead, investors should actively consider the tax consequences before making market moves.
November 23
- LIBOR
U.S. legislation designed to protect trillions in assets from chaos when global regulators phase out the interest-rate benchmark Libor is being held up in the House.
November 22
-
Negotiators hammering out details of a new global corporate tax regime are shaping the deal to maximize its chance of winning acceptance in the U.S.
November 22
-
The House passed a roughly $2 trillion bill incorporating the core of President Joe Biden’s economic agenda — ramping up funding for the social safety net and increasing taxes on corporations and the wealthy — sending it on to the Senate, where it’s likely to be significantly reshaped.
November 19
-
President Joe Biden’s signature plan to expand the social safety net, address climate change and rewrite tax policies passed the House Friday morning as Speaker Nancy Pelosi united fractious Democrats to send the legislation to the Senate, where its fate remains uncertain.
November 19
-
Dueling proposals would deliver large tax cuts to the wealthy while failing to do much for middle-income households, according to a new analysis from.
November 19
-
The House reconvened for the vote Friday after Republican leader Kevin McCarthy delayed action with a more than eight-hour floor speech.
November 19
