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 proposal positions the Democratic presidential candidate between rivals Bernie Sanders and Joe Biden on a contentious issue.
July 29
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The rules set by the Economic Development Commission in St. Thomas allow some businesses to lower their exposure to taxes by up to 90 percent.
July 29
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France stuck to its plan to tax big multinational tech companies, defying U.S. President Donald Trump’s suggestion that he might impose tariffs on French wine.
July 29
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At the top of the list is one particularly vexing provision: the section 199A qualified business income deduction.
July 26
Tax & Accounting Professionals business of Thomson Reuters -
Bitcoin owners are being advised to pay back taxes on any income they failed to report.
July 26
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The Internal Revenue Service has resurrected an information return that hasn’t been used since the early 1980s.
July 26
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Donald Trump didn’t get the judge he wanted to oversee a legal challenge to House Democrats who want to see the president’s New York state tax records. But Trump got the next best thing — a jurist he appointed to the bench earlier this year.
July 26
