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 recent release of the 2020 W-4 shines a spotlight on how preparers can help make sure the right amount is withheld.
December 5
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The agency's number of investigations in 2019 continued a general downward trend over the last few years, according to CI's 100th annual report.
December 5
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The Global Intangible Low Taxed Income has created a lot of challenges for taxpayers, since it was instituted by the Tax Cuts and Jobs Act of 2017.
December 3
Gamburg CPA PC -
No love for the carbon tax; the inflation-adjusted 12 Days of Christmas; 10 end-of-year tax moves; and other highlights from our favorite tax bloggers.
December 3
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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
