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 is reportedly reversing course on some of its wide-ranging job cuts after realizing they reduced the staff too drastically.
August 22
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For a time earlier this year, Faulkender served as the acting commissioner of the Internal Revenue Service.
August 22
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Plus, BillingPlatform rolls out AI-powered RevenueIQ suite; AccountsIQ adds Non-Financial Metrics feature for AIQ3 platform; and other accounting tech news.
August 22
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The dozen states that implemented a refundable CTC program in the wake of the pandemic held down child poverty rates relative to states that didn't act.
August 22
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The Internal Revenue Service issued answers to frequently asked questions about the soon-to-expire tax credits for solar and wind power and electric vehicles.
August 21
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Former DOGE member Joe Gebbia's mandate as the nation's first chief design officer may include redesigning income tax forms.
August 21
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The IRS is asking the public to weigh in on free tax filing options for an upcoming congressional report, amid worries about the likely demise of Direct File.
August 21
