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 well-oiled firm; refundable credits in states; taxing settlement money; and other highlights from our favorite tax bloggers.
July 29
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The IRS has been mailing out letters to federal workers saying they are among 525,000 current and former employees who owe back taxes.
July 29
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A so-called corporate head tax is "on the table" as officials look for funds to help close back-to-back yearly shortfalls topping $1 billion.
July 29
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The legislation involves a 'thoughtful phaseout,' while leaving some investment opportunities, says one expert.
July 29
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Trump urged Keir Starmer to extract more oil from the North Sea and criticized U.K. taxes on fossil fuels in his latest attack on the prime minister's policies.
July 29
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The Internal Revenue Service is looking to cut the case cycle times for corporate taxpayers.
July 28
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Douglas O'Donnell, former acting commissioner of the Internal Revenue Service, has joined KPMG US in its Washington national tax practice.
July 28
