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 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
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There’s debate within the administration about how to meet President Biden's promise to issue Americans another $1,400 each in stimulus checks.
February 1
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From the delayed stat to a rush of new legislation and an overloaded IRS, a host of issues are combining to make tax filing even more difficult than usual.
February 1
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Our panel of experts have identified these 12 credits, deductions and more as worth particular attention this year.
February 1
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The Internal Revenue Service is clarifying its guidance on provisions of the coronavirus relief legislation providing tax credits to employers offering paid sick leave and family leave to workers.
January 29
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Senators and House members introduced legislation to help taxpayers survive the pandemic, with tax credits for developers revitalizing homes in “distressed” neighborhoods and enabling small businesses to pay essential expenses.
January 29
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The Internal Revenue Service is advising taxpayers who received a Form 1099-G for unemployment benefits they never got to contact their state because their identity may have been stolen.
January 29
