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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Experts say there are many reasons some beneficiaries reject assets and big problems if they fail to do so correctly. Here's a guide to avoiding them.
August 18
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The Internal Revenue Service is disputing claims that spread on social media last week about $1,390 stimulus checks being mailed to taxpayers.
August 18
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Vestas Wind Systems A/S shares jumped after guidance brought much-anticipated clarity to the rules on how clean energy projects can qualify for tax credits.
August 18
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A federal appeals court has ruled unconstitutional a provision of a Maryland law that prevents companies from displaying a digital ad tax charge on a bill.
August 15
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The Trump administration tightened long-standing eligibility requirements for clean energy tax credits.
August 15
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The Internal Revenue Service didn't do enough to verify the identity of callers to its Practitioner Priority Service and Business Specialty Tax phone lines.
August 15
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The Internal Revenue Service has acknowledged in a court filing that it is now sharing taxpayer data with Immigration and Customs Enforcement.
August 15
