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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Questions this season reflect confusion about 1099 income, new OBBBA deductions and retirement considerations, according to data from online expert platform JustAnswer.
March 12
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The legislation would eliminate income taxes for Americans who earn less than $46,000 and reduce income taxes for those making between $46,000 and $80,500.
March 12
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Millionaire's lifestyle; Cocoplum loco; bourbon beef; and other highlights of recent tax cases.
March 12
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California's proposed wealth tax has become one of the most closely watched fiscal policy experiments in American history.
March 12
Gursey Schneider -
Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight.
March 12
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The new IRS Tax Withholding Estimator accounts for changes to tax credits and deductions introduced by the One Big Beautiful Bill Act.
March 12
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The IRS changed the submission process for groups that intend to operate as 501(c)(4) tax-exempt organizations, requiring them to submit forms through Pay.gov.
March 11
