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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Churn of the rich; the rise of AI; collection time; and other highlights from our favorite tax bloggers.
July 9
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Substantial changes in the regulations for the new global intangible low-taxed income could mean that many more amended K-1 schedules will be necessary for tax practitioners this year.
July 9 -
Extending tax breaks that are intended to benefit families and small businesses come with a steep cost, according to Congress’s nonpartisan scorekeeper.
July 9 -
Investors are starting to pour money into the real estate projects after more than a year of indecision.
July 9 -
IRS audit rates have dropped, but that doesn’t mean clients shouldn’t be prepared.
July 9 -
The Modernized e-File system will be unavailable for two short periods in July and August.
July 8 -
The Internal Revenue Service’s unmet needs for information technology support are producing inefficiency and higher tax administration costs, according to a new report.
July 8







