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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Finance ministers are due to begin meeting this week to home in on an accord that might feature both a minimum rate and encompass digital giants.
May 26 -
Even as they look to ramp up acquisitions, funds are worried about the potential impact of these much-discussed taxes.
May 25 -
Basis debate; relief to come; underreporting and the gap; and other highlights from our favorite tax bloggers.
May 25
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Plans sold through brokers cost nearly three times as much as those sold directly; time-stressed parents can find it's worth it.
May 25 -
GOP lawmakers reject the White House’s latest counteroffer of $1.7 trillion as too costly and object to corporate tax increases.
May 25 -
The senator is proposing to nearly triple the IRS’s budget to help identify wealthy individuals who are evading taxes.
May 25 -
The Biden administration proposal contains many, but not all, of the tax provisions the president campaigned on.
May 25









