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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Speaker Mike Johnson will block a push by moderate House Republicans for a vote on renewing expiring Obamacare subsidies.
December 17
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The Trump administration singled out prominent companies, including Accenture, Siemens and Spotify, as possible targets for new restrictions or fees.
December 17
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There have been significant changes in the way in which the IRS is now dealing with R&D tax credits and viewing how they're documented.
December 16
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Private company leaders looking to sell reported that tax on recognized gains (88%) and transfer taxes (87%) were major concerns, per a Deloitte survey.
December 16
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With no guidance available, tax practitioners and their clients have to figure out how much risk they want to take.
December 16
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The One Big Beautiful Bill Act makes the opportunity zone program permanent and also introduces some changes in the real estate investor tax breaks.
December 15
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Wealthy taxpayers in high-tax states like California, New York and New Jersey are the biggest winners, as are workers who collect tips or overtime, and seniors.
December 15
