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 Internal Revenue Service and the Treasury Department released their final regulations on two major international tax provisions, the Foreign Tax Credit and the Base Erosion and Anti-abuse Tax (BEAT), which was included as part of the Tax Cuts and Jobs Act.
December 3
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Democratic presidential candidate Michael Bloomberg pledged to support “taxing wealthy people like me” but dismissed a wealth levy tried in other countries and supported by rivals including Elizabeth Warren and Bernie Sanders because “it just doesn’t work.”
December 2
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Highlights of the findings from Accounting Today's annual survey of accounting firms' plans for the next 12 months.
December 2
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Several red flags indicate a wireless device or service may have a more complex and costly communications tax responsibility, rather than a simple sales tax requirement.
November 27
Avalara -
New guidance, rules and enforcement efforts from the IRS aim to improve cryptocurrency reporting.
November 27
Wolters Kluwer Tax & Accounting -
Tech trends; one cost of cutting ID theft; prime states for Wayfair challenges; and other highlights from our favorite tax bloggers.
November 26
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The Internal Revenue Service updated its guidance for business travelers and their employers on the per diem rates for substantiating expenses, in light of the changes in the Tax Cuts and Jobs Act.
November 26
