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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Proposed regulations would allow partnerships and S corporations to exceed the $10,000 limit on state and local tax deductions imposed by the Tax Cuts and Jobs Act.
November 11 -
Two key U.S. Supreme Court justices indicated they are inclined to uphold the bulk of the Affordable Care Act as the court weighed the fate of a landmark law that provides health-insurance to 20 million people.
November 11 -
Biden’s plan; virtual currency question moves up; the magnificent seven audits; and other highlights from our favorite tax bloggers.
November 10
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Stephen Mankowski of NCCPAP shares the service’s latest initiatives to prepare for 2021.
November 10 -
Contributions made through the crowdfunding platform can often fall into a gray area.
November 10
Marks Paneth LLP -
Consider acting swiftly to correct international tax form mistakes.
November 9
Withersworldwide -
The service is rolling out new systems and expanding forms that can be electronically filed by tax-exempt organizations.
November 9




