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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Bloomberg Tax & Accounting released its annual report projecting U.S. tax rate brackets, standard deduction and AMT exemption amounts for the year ahead.
September 11
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The legislation currently moving through Congress could have dire tax implications for CPA firms that use global outsourcing.
September 11
Impact Global Solutions -
Reducing K-1 penalties; another use for property taxes; 183 isn't always added up the same; and other highlights from our favorite tax bloggers.
September 10
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A group of mostly Democratic lawmakers sent a letter to Treasury Secretary Scott Bessent criticizing recent moves to ease the corporate alternative minimum tax for large corporations in two recent notices.
September 10
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Katherine Green, a dominatrix who creates online adult videos, wasn't expecting a windfall from President Donald Trump's signature push to make tips tax-free.
September 10
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A significant proportion of people are following financial advice given to them by AI models, and many reported losing $100 or more.
September 10
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The market for transferable tax credits for clean energy grew in the past year, but moves by the Trump administration blocked wind and solar energy.
September 9
