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.
-
Dying to steal; just getting behind; apple and the tree; and other highlights of recent tax cases.
March 19
-
A centerpiece of the package is tax rebates to individuals of $1,200 and $2,400 for married couples. Rebates are completely phased-out for taxpayers with incomes exceeding $99,000 for individuals or $198,000 for a couple.
March 19
-
A package of coronavirus relief legislation that was signed into law Wednesday includes provisions for paid sick leave, family leave and medical leave, along with tax credits to help employers and the self-employed pay for them.
March 19
-
Bipartisan legislation would extend the deadline after guidance from the Treasury Department fell short.
March 19
-
The group says the Treasury’s actions so far don’t reflect the difficulties taxpayers and tax professionals are facing.
March 19
-
The IRS cautioned tax professionals about a new version of a phishing email scam targeting them.
March 18
-
The relief is only for income taxes, and doesn't change any filing deadlines.
March 18
