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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A proposed global minimum corporate tax would undermine the incentive for multinationals to set up shop on storm-prone islands.
June 30
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A rare show of bipartisan unity unfolded Tuesday, with 18 lawmakers making the case for an expansion of the state and local tax deduction.
June 30
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Better enforcement; for fans of tax crime; partner sabbaticals please; and other highlights from our favorite tax bloggers.
June 29
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The guidance gives renewable energy companies more time to develop projects that were delayed by COVID-19.
June 29
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The House introduced bipartisan legislation Tuesday to provide tax deductions for timber growers to recover from the loss of forests.
June 29
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The near doubling of the capital gains tax rate would have a large impact on the net profit from any sale of any capital asset.
June 29
Nelson Mullins -
Taxpayers won't be able to recover previously paid Medicare taxes and NIIT.
June 29
