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 debate over how to pay for the nation’s roads, bridges and transit systems is leading some normally anti-tax Republicans to embrace higher levies on motorists.
June 11
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The proposal calls for $579 billion in net new spending beyond outlays that Congress was already expected to enact.
June 11
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Republican and Democratic senators said they’re open to considering the first change in the national gasoline tax since 1993 to help fund a bipartisan infrastructure spending package.
June 10
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The proposed changes are worrying investors and their tax advisors, especially the possibility of making them retroactive.
June 10
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Two-state two step; primed for prison; contemptible; and other highlights of recent tax cases.
June 10
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Mitt Romney is helping lead lawmakers in creating a new proposal to present to the Biden administration.
June 10
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An Atlanta-area accountant was indicted on charges that he conspired to promote fraudulent tax breaks through land conservation deals that are the focus of a growing Internal Revenue Service crackdown.
June 10
