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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It’s counterintuitive, but the cash benefit of delaying payouts can outweigh rate increases, thanks to compounding over time.
June 29
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The Senate GOP Leader wants to head off an effort to use a fast-track process to pass a Democrat-only bill with trillions in spending and tax hikes on the wealthy.
June 29
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An influential group that sets tax-reporting standards for major commodities suppliers will meet to discuss removing the company's representative from its board.
June 29
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Practitioners have plenty of time to advise clients on multiple savings opportunities.
June 28
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Trump’s family real-estate company expects to be accused of tax crimes relating to its payment of perks and benefits to favored employees.
June 28
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Top aides to the president are reaching out to senators to convey his enthusiasm for the agreement, a White House official said.
June 28
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The Supreme Court rejected a New Hampshire challenge to Massachusetts’ practice of taxing people who started telecommuting from elsewhere during the pandemic.
June 28
