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 AICPA believes taxpayers will be able to avoid penalties if they write “COVID-19” at the top of their return.
September 15
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The site informs cannabis business owners about their tax responsibilities.
September 14
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Mandated by the COVID-19 pandemic, remote work can also bring serious tax consequences.
September 14
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The U.S. House of Representatives won’t implement President Donald Trump’s order allowing employers to defer payroll taxes owed by workers, joining major companies in rejecting the option.
September 14
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Levies on most households below the top income brackets would stay about the same as under Trump.
September 14
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Taxpayers can use the rates to substantiate the expenses they can deduct for lodging, meals and incidental expenses.
September 11
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A month after President Donald Trump moved to shore up workers’ incomes by giving employers the option of deferring payroll taxes, the effort has failed to energize a U.S. economy still reeling from the coronavirus pandemic.
September 11
