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 service is looking for tax preparers to help the elderly and low-income taxpayers.
May 7
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Gave at the office; mortgage and mining; rotten to the corps; and other highlights of recent tax cases.
May 7
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The American Institute of CPAs’ Professional Ethics Executive Committee has decided to postpone the effective dates for three of its ethics interpretations in its Code of Professional Conduct for one year, due to the impact of the novel coronavirus pandemic.
May 7
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The postponed filing date gives taxpayers extra time to lower their tax burden with some last-minute strategies.
May 7
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The Internal Revenue Service said individuals who got a $1,200 stimulus payment intended for someone who’s deceased or incarcerated should return the money but left open the question of how the agency would enforce that.
May 7
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The Internal Revenue Service has posted information on how people who weren’t supposed to receive their economic impact payments for the novel coronavirus pandemic should return the money.
May 6
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CARES changes; payroll or not payroll; what to think of the IRS; and other highlights from our favorite tax bloggers.
May 5
