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 economic pain that Canadian Prime Minister Mark Carney warned would come from a trade war is now a reality for some small businesses that export to the U.S.
September 8
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The IRS will be cracking down further on people who fail to file tax returns after earlier efforts didn't do enough, according to a new report.
September 4
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While donating stock is a clear win for clients to avoid capital gains taxes, gifts of property require a qualified appraisal to get a deduction.
September 4
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A group led by the actor Jon Voight is hoping to get legislation introduced in Congress that would create new federal tax incentives for film and TV production in the U.S.
September 4
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Special Tax Shelter Strategy; ghost prepared; material falsehoods; and other highlights of recent tax cases.
September 3
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Investors who have taken advantage of opportunity zones may be facing hefty tax bills on their long-deferred capital gains unless they do some careful planning.
September 3
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The Treasury Department escalated an effort to strip schools of their tax-exempt status if they consider race in admissions, scholarships or other areas.
September 3
