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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Wagering and taxes; taming email; to NEC or not; and other highlights from our favorite tax bloggers.
October 20
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The New York Stock Exchange told New Jersey lawmakers that it’s prepared to move operations out of state should they impose a new tax on electronic trades via data servers.
October 20
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The IRS has given them more time to file and make payments.
October 19
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Robert T. Brockman, a Houston software tycoon, was charged with using a web of Caribbean entities to hide $2 billion in income in what prosecutors called the largest U.S. tax case ever against an individual.
October 16
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Three defaults and you’re out; scheme of several years; misstep by misstep; and other highlights of recent tax cases.
October 15
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The Internal Revenue Service is giving taxpayers until the end of the year before it stops its temporary procedures for faxing in Forms 1045 and 1139 for claiming tentative tax refunds.
October 15
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Smith will acknowledge wrongdoing to end a four-year U.S. tax investigation involving assets held in offshore tax havens.
October 15
