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 Internal Revenue Service agreed to quit warnings about unpaid taxes while it works through millions of pieces of unopened mail that have accumulated during the pandemic.
August 21
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The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season.
August 21
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The vast majority would still recommend their preparer, however, according to a new survey.
August 21
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Most of the Top 100 CPA firms reportedly are showing significant increases in revenue in their SUT practices.
August 21
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The Democratic presidential nominee Joe Biden expressed optimism and hope about overcoming the economic crisis and other challenges during his acceptance speech at the virtual Democratic National Convention.
August 21
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It’s not too early to start thinking about post-election tax planning.
August 20
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Section 355 of the Internal Revenue Code provides a powerful tool in corporate restructurings.
August 20
Taylor English Duma LLP
