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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President Joe Biden urged Senate Democrats to act boldly on his sweeping social and economic agenda Wednesday, as they began hashing out details of an $3.5 trillion tax and spending agreement that marks a crucial step forward for his plan.
July 15
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Democratic leaders want voters in key states to know which party is responsible for the checks Americans with young children are set to start receiving on Thursday.
July 15
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Senate Democrats are moving to impose tariffs on carbon-intensive imports as a way to help pay for their tax-and-spending legislation, according to one person familiar with the plan.
July 14
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The Israeli technology company is advised by former IRS officials and current PwC execs.
July 14
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Mexican businessman Miguel Aleman Magnani is residing in France and fighting an arrest warrant in his native country on charges of tax fraud.
July 14
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Senate Democrats on the Budget Committee agreed to set a $3.5 trillion top-line spending level for a bill to carry most of President Joe Biden’s economic agenda into law without Republican support, bridging divisions — for now — among some party factions.
July 14
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Service with a smell; disclosure expectations; new to us; and other highlights from our favorite tax bloggers.
July 13
