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 House Ways and Means Committee held a hearing to advance legislation requiring disclosures of foreign sources of funding for tax-exempt groups and recipients.
July 23
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A group of Democratic legislators in Connecticut with degrees from Yale University are threatening the school's tax-exempt status if leaders make a deal with the Trump administration over probes into admission practices.
July 23
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An arbitrator ordered the IRS to allow its unionized employees to work remotely after President Trump ordered federal agencies to require in-person work.
July 22
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A top official at the Internal Revenue Service and the Treasury Department was reportedly ousted after raising concerns over political influence over audits.
July 22
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Frank Bisignano, the head of the Internal Revenue Service and Social Security Administration, denied a report in The Wall Street Journal that he spied on colleagues while at JPMorgan Chase.
July 22
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The U.S. Treasury Department has expressed concern over a number of high-profile tax strategies touted by Wall Street that it says may be "too good to be true."
July 22
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OZ 1.0 Zone; governed AI; tax fraud cases; and other highlights from our favorite tax bloggers.
July 21
Matters Editorial
