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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Senate Majority Leader Mitch McConnell on Wednesday closed off chances that the Senate would pass anytime soon a House bill that would give most Americans $2,000 stimulus payments.
December 30 -
Sovos will now be able to deliver payroll wage withholding support to customers reporting on the 941 series form.
December 30 -
The pandemic reshaped the profession throughout the year — and will continue to do so in 2021.
December 29 -
The initial direct deposits of the second round of economic impact payments are already going out to taxpayers.
December 29 -
Best IT defenses; learning from mistakes; the price of training; and other highlights from our favorite tax bloggers.
December 29
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Senate Majority Leader Mitch McConnell on Tuesday blocked an attempt by Democrats to force quick action increasing direct stimulus payments to $2,000 as President Donald Trump warned that failing to act now amounted to a “death wish” by Republicans.
December 29 -
The Criminal Investigation Division is in a nostalgic mood, releasing a retrospective this week of its top five cases of the year through its Twitter handle, @IRS_CI.
December 29







