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 Internal Revenue Service has released a draft version of the 2026 Form W-2, Wage and Tax Statement, with new fields for the exemptions on tips and overtime.
August 26
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The One Big Beautiful Bill Act is one of the most significant tax reforms since the Tax Cuts and Jobs Act of 2017.
August 26
Saicedar LLC -
With India bracing for 50% tariffs on its exports to the U.S. from Wednesday, Modi's government is speeding up policy changes such as the GST overhaul.
August 26
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The European Union hit back at President Trump's claims that digital regulations abroad are unfair after he threatened to impose tariffs and other penalties.
August 26
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The use of multiple entities as a means of shifting a high net worth client's yearly income could help rack up bigger breaks, with some caveats.
August 25
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The total effective tax rate for the 400 wealthiest Americans was lower than the general population, according to a new study.
August 25
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Snake oil; how to succeed in business; don't bet on it; and other highlights of recent tax cases.
August 25
