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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Capital gains at death; ounces of prevention; extremely dark money; and other highlights from our favorite tax bloggers.
June 8
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Big tech and other industries that have bunkered down in Europe’s tax havens are unlikely to shift their bases under the proposed global minimum tax regime.
June 8 -
Some in Washington have slammed states for what they consider kicking their own residents while they’re down — against the intent of Congress.
June 8 -
The service offered highlights of tax season, the latest on stimulus packages, and more.
June 8 -
Even with a 15-year window to pay taxes, a near-doubling of the capital gains rate and the elimination of the step-up in basis loophole will make a sale expensive.
June 8 -
Several of the world’s most prominent billionaires paid minimal or no federal income tax in some years, ProPublica reported.
June 8 -
Some of the world’s most powerful heads of state will meet in England later this week to confer on the biggest issues facing humanity.
June 8







