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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Democrats are pushing a tax cut that would benefit individuals who lost their jobs in 2020 and may be in for a surprise tax bill this spring.
February 3
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Fun and Gamestop; SECURE and taxable inheritances; over-communication; and other highlights from our favorite tax bloggers.
February 2
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President Joe Biden and congressional Democrats signaled they’re intent on a large pandemic relief bill.
February 2
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The Consolidated Appropriations Act includes a surprising number of tax provisions, many of which had not been widely publicized until the final bill was up for a vote.
February 2
Wolters Kluwer Tax & Accounting -
Almost two-thirds of practitioners said that pushing filing to July 15 last year was good for them.
February 1
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There are many more checklists for accountants in the industry.
February 1
Withum -
The European Union is seeking to overturn Apple Inc.’s victory in a 13 billion-euro ($15.7 billion) tax dispute, saying judges used “contradictory reasoning” when they found that the company’s Irish units weren’t liable for huge payments.
February 1
