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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Hundreds of localities and one state made 335 changes in their standard sales tax rate in the first half of 2019, a 5 percent increase from the same period last year, according to a new report.
August 6
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HSBC Holdings Plc’s Swiss private banking unit agreed to pay about 294 million euros ($329 million) to settle a Belgian criminal probe into allegations it helped wealthy clients dodge hundreds of millions of euros in taxes.
August 6
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The Internal Revenue Service hasn’t done enough to improve its procedures for reviewing amended tax returns to reduce erroneous and fraudulent tax refunds, according to a new report.
August 5
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The presidential candidate says she would fund her health-care plan by rolling back one of the few changes in Trump’s tax law that Democrats actually wanted.
August 2
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The U.S. judge hearing a lawsuit to block New York from turning over Trump's tax returns to House Democrats told the state to wait until after he rules.
August 2
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Accounting Today's annual review lays out the top return preparation packages side by side.
August 2
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D.A. IOU; broken LINX; fraudster to the stars; and other highlights of recent tax cases.
August 1
