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 estate of the late singer prevailed on the valuation of his name and likeness and the taxes owed to the IRS in a long-awaited Tax Court ruling.
May 4
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The Big Four firm has bought a large London-based firm that provides U.K. and U.S. personal tax services.
May 4
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Congress estimates that the rule currently costs the government about $43 billion a year.
May 4
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After a pause during COVID, experts predict an increase in tax controversies.
May 4
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CliftonLarsonAllen LLP has managed to secure $11 million in opportunity zone funding for a client building a multifamily development in South St. Paul, Minnesota.
May 3
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The Biden administration has proposed that the U.S. apply a 21 percent global minimum rate.
May 3
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The president's promise to start narrowing income and wealth gaps underpins every part of his economic program.
May 3
