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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As long as the necessary payments or deposits were made on a timely basis, reporting deadlines will be extended, according to the IRS.
June 15
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Multinational corporations got some long-awaited clarity from the IRS, which issued new rules on Friday clarifying how they must compute a new international tax.
June 14
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The Trump administration is deep in talks with 129 other countries on implementing a new standard for taxing digital companies, but its heart lies elsewhere.
June 14
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If liberal and conservative advocacy groups can agree on anything, it’s this: A suite of more than three dozen or so corporate tax breaks that have expired over the past two years should stay dead.
June 14
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Secret records; cashed out; relatives, acquaintances and Social Security numbers; and other highlights of recent tax cases.
June 13
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The Senate passed the far-reaching package only days after it passed the House for the second time, sending it to President Trump’s desk for his signature.
June 13
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New York, New Jersey and Connecticut have been fighting a new cap on state and local tax deductions ever since it was included in the 2017 Republican tax overhaul.
June 13
