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 IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.
July 18
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The IRS's progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report.
July 18
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Eliminating federal incentives threatens to upend the U.S. energy industry by hampering the rollout of wind and solar.
July 18
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Plus, Sage launches Tap to Pay feature; UHY offers CCMP accelerator courses; and other accounting technology news and updates.
July 18
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Selling the OBBBA to the American people may prove to be tougher than passing it, even for a president who built a career on savvy branding.
July 17
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The Treasury Department and the IRS will need to roll out guidance to explain the bill's newer provisions and how they differ from earlier tax legislation.
July 16
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The Queens assemblyman brushed off concerns about higher taxes by saying wealthy New Yorkers would stay put regardless.
July 16
