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.
-
Home boys; going off payroll; building a case; and other highlights of recent tax cases.
March 25
-
The Social Security Administration transmitted the necessary information to the IRS so it can begin sending Economic Impact Payments to nearly 30 million beneficiaries after an ultimatum from Congress.
March 25
-
The government has so far sent about 127 million stimulus payments to individuals and households.
March 25
-
The Senate Budget Committee chairman wants to raise the corporate tax rate to 35 percent.
March 25
-
A conservative think tank is throwing its support behind proposals long associated with progressives like Elizabeth Warren and Bernie Sanders: taxing stock trades and breaking up Wall Street investment banks.
March 25
-
U.S. taxpayers face the risk of delayed tax refunds as the agency struggles to work down a backlog of returns from last year, according to a watchdog report.
March 25
-
Practitioners share which parts of their jobs they’d ditch and which they’d keep.
March 25
