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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Chris Rokos, who runs the hedge fund that bears his name, sued Deloitte and a U.S. law firm after 39.4 million pounds ($52 million) in tax relief was thrown out by U.K. authorities.
November 18
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A Massachusetts plan would make remittances automatic and immediate.
November 17
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But the IRS would need more resources, writes Natasha Sarin, an assistant professor of law at UPenn.
November 17
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Biden and Trump tariffs; e-commerce and the holiday season; afterlife; and other highlights from our favorite tax bloggers.
November 17
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The award recognizes a tax professional who is passionate about the field.
November 17
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The Internal Revenue Service’s Criminal Investigation unit has been initiating fewer investigations of abusive tax return preparers this past year, while also recommending fewer prosecutions, and seeing fewer indictments and prison sentences this year.
November 16
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President Donald Trump spent months on the campaign trail taking credit for “opportunity zones,” a policy meant to encourage investment in distressed communities across the U.S. Joe Biden’s team sees potential in the idea, too.
November 16
