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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Colleges and universities that changed from for-profit businesses into tax-exempt nonprofits are prompting questions about the continuing involvement of former owners and officials.
January 28 -
Criminal harvest; going informal; any way you slice it; and other highlights of recent tax cases.
January 28 -
German Finance Minister Olaf Scholz said President Joe Biden’s administration has shown a readiness to clinch an agreement on how to tax global tech companies, potentially overcoming an American block and paving the way for an accord later this year.
January 28 -
Two New Jersey Democrats are leading an effort to expand a valuable tax break for state and local levies in the next virus-relief package, a long-shot effort as lawmakers continue to squabble over the size and scope of the next round of stimulus.
January 27 -
U.S. Treasury Secretary Janet Yellen on Wednesday talked with her U.K. and German counterparts about resolving mushrooming disputes over the taxation of internet giants such as Facebook Inc., highlighting the issue as a priority in her initial bilateral calls.
January 27 -
The year ahead will be full of tax uncertainties in the U.S. and internationally, ranging from digital taxes and carbon taxes to possible tax hikes under the Biden administration.
January 27 -
A second hedge-fund trader was named by Danish prosecutors as a defendant in a dividend tax scheme they say defrauded the Nordic country out of 9.6 billion kroner ($1.6 billion).
January 27








