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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'It doesn't have to be exactly' 28 percent, the president said, in a signal that a final package could well have a lower rate.
May 6
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The president's plan for increased tax audits of the wealthy and corporations is a major funding source for his economic-investment proposals.
May 6
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The Ways and Means Committee approved bipartisan legislation Wednesday to expand automatic enrollment, among other things.
May 5
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The company's creative ways for accountants and tax pros to relax before the hectic deadline also include guided meditations.
May 5
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With the tax recognition deadline of Dec. 31, 2026, still in place, taxpayers who wish to invest unrecognized gains in QOZs need to do so prior to Dec. 31, 2021, in order to obtain any step-up in basis benefit.
May 5
Chamberlain Hrdlicka -
The fate of the administration’s $4 trillion economic vision now rests with the lawmakers in a narrowly divided Congress.
May 5
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The Penn Wharton Budget Model says the White House mistook the cost of its child-care and education policies.
May 5
