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 Senate Finance Committee chair introduced legislation with tax credits aimed at ending homelessness and providing affordable housing.
August 18
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More than 100,000 people who used to work or live in the state have received notices asking why they paid less to the state than they have in years past.
August 18
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The Empire State collected $1.6 billion in revenue in July, up $276 million from a year earlier, signaling a strong rebound.
August 18
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Padgett Business Services and NCCPAP have spotted areas where the Employee Retention Credit may be hurting small businesses.
August 17
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Crayons and improving workflow; Deloitte goes to law school; certified importance; and other highlights from our favorite tax bloggers.
August 17
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The American Institute of CPAs has written a letter to the Internal Revenue Service requesting more flexibility for businesses that needed to get rid of extra inventory during the COVID-19 pandemic.
August 17
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The service is alerting practitioners about some of the warning signals of taxpayer identity theft.
August 17
