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.
-
Three-quarters of seniors described the 2024-2025 tax season as "somewhat" or "extremely" stressful, according to a Distinct survey.
August 15
-
Gone commercial; PTIN-free; seen the light; and other highlights of recent tax cases.
August 14
-
The Internal Revenue Service won't renew a $500,000 annual contract to repair the self-service kiosks after a contractor failed to keep them in working order.
August 14
-
The sprawling new tax law includes a number of provisions that present opportunities for accountants and tax professionals to discuss estate and gift planning.
August 14
-
A Treasury Department decision due next week threatens to undermine the financial viability of hundreds of planned clean energy projects.
August 14
-
President Trump's move to extract a 15% sales tax from Nvidia on semiconductors sold in China did nothing to damp investor enthusiasm for the world's most valuable company.
August 14
-
A new study predicts the One Big Beautiful Bill Act will reduce federal taxes on average for individual taxpayers in every state, but the impact will differ.
August 13
