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 Modernized e-File system will be unavailable for two short periods in July and August.
July 8
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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
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The Internal Revenue Service is allowing employers to truncate taxpayer identification numbers to protect employees from identity theft.
July 8
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New York Governor Andrew Cuomo signed into law a measure that would give key members of Congress the ability to request the president’s state returns.
July 8
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A judge has been assigned to a lawsuit by congressional Democrats seeking access to the president’s tax returns.
July 5
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Two for one; underreporting more than a million; $500 for fake info; and other highlights of recent tax cases.
July 4
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The module, which is proprietary to Canopy, allows money transfers between Canopy’s customers and their clients using credit, debit or ACH.
July 3
