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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February 17
L&H CPAs and Advisors -
Three House Democrats are pushing legislation that would repeal the carried-interest tax break used by fund managers to reduce the levies they owe to the Internal Revenue Service.
February 17 -
New digital advertising tax; ripping off PPP; careful with prenups; and other highlights from our favorite tax bloggers.
February 16
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The Biden administration is likely to dramatically change its approach to tax policy, with the first step in the stimulus package it began pushing through Congress this month.
February 16 -
Some business owners can get hurt by workarounds to the $10,000 limit for state and local tax deductions.
February 16 -
Household employers have seen a rapid increase in labor law requirements, as well as state and municipal paid time off and paid sick leave ordinances.
February 16
Care.com HomePay -
Don’t make tax season the deciding factor in the important things in your life.
February 15
Withum




