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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European officials are considering a proposal from the Biden administration to make companies with at least $20 billion in annual revenue pay more of their tax bill in places they operate, while being less enthused that the U.S. offer would limit levies to just 100 firms.
June 2
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The so-called 1031 like-kind exchange rule was created a century ago to aid family farmers.
June 2
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Financial planning clients need to start preparing for potential legislative upheavals now.
June 2
Napier Financial -
Fifty years of preparing taxes; golden days for whistleblowers; confusion in Colorado; and other highlights from our favorite tax bloggers.
June 1
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A GAO report finds that the regulations were burdensome for multinational companies, even though they saved through lower tax rates.
June 1
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Bloomberg Tax & Accounting has improved the product to help multistate businesses with net operating losses across multiple states.
June 1
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They claim the provision to prevent them from using federal money to fund lower taxes is unconstitutional.
June 1
