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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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
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Billy Long explained his plans for the Internal Revenue Service and the new tax bill during his first public talk as IRS commissioner.
July 28
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President Donald Trump said he is considering sending rebate checks to Americans using revenue from tariff increases his administration is imposing on U.S. trading partners.
July 25
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The Treasury Department is reportedly mulling plans for the IRS to eliminate its multilingual services, such as tax forms and assistance in languages other than English.
July 25
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The Internal Revenue Service said "designated officials" need to revalidate their business tax account by the July 29 deadline in order to maintain access.
July 25
