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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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
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"Inheritors are going to get killed" under the White House’s proposal to put the brakes on tax-free intergenerational transfers of wealth.
June 1
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A full global deal to overhaul taxation rules may not be achieved until October, said the chief of the OECD.
June 1
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The administration is looking for big money from a higher corporate tax rate and better IRS enforcement.
May 28
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The proposal includes a call for a surprise retroactive hike in the capital gains tax.
May 28
