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 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
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A Treasury Department decision due next week threatens to undermine the financial viability of hundreds of planned clean energy projects.
August 14
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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
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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
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The Internal Revenue Service's Criminal Investigation unit is working on a new initiative for requesting financial records from banks to track illegal activity such as money laundering.
August 13
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President Trump's signature tax and spending bill is expected by most economists — and the Congressional Budget Office — to worsen U.S. deficits over the coming decade.
August 13
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Sovos announced plans to expand into the Asia-Pacific and Middle East regions, starting with the acquisition of India-based Tax Technology ASP business unit from India-based IRIS Business Services.
August 13
