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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How advisors handle tax advice for their clients can depend on how large their firm is.
November 9
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The Tesla founder will have a hefty tax bill however he chooses to make good on his pledge.
November 9
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Much of the data necessary for compliance is unavailable, according to a new report.
November 8
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A look inside the current state of the Biden administration's 'human infrastructure' bill.
November 8
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The bipartisan infrastructure bill that the House passed over the weekend and sent to President Biden’s desk includes some tax-related provisions, including an early expiration of the Employee Retention Tax Credit and new rules for reporting on cryptocurrency transactions.
November 8
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Middle-class households in New Jersey and other high-tax states would benefit from an expansion of the deduction, a key House Democrat said.
November 8
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Cryptocurrency investors would have little time to plan against possible tax increases under legislation advancing in Congress.
November 8
