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.
-
Farmers and ranchers may have another year to defer tax on gains from sales.
September 28
-
Waiting until after potential rate increases go into effect could lower values.
September 28
-
The prospects for specific tax changes in the Build Back Better Act appear murky right now, but there could be more clarity later this week.
September 27
-
The service notes, however, that users can get similar information from a free transcript.
September 27
-
A review found 8,332 individual international 2018 returns filed with potentially erroneous or fraudulent refunds that weren’t identified.
September 27
-
New York City prosecutors investigating Donald Trump said they’ve amassed millions of records from his accounting firm and from a range of banks and real estate companies that did business with the Trump Organization.
September 27
-
The specific tax hikes remain to be detailed, as does any move to suspend or expand a $10,000 SALT cap.
September 27
