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 top Democrat on the Senate Finance Committee sent letters to the Treasury Secretary and IRS Commissioner requesting information on their refusal to provide the president’s tax returns and related documents.
May 15 -
The CCH outage; dark influencers; prep and the military life; and other highlights from our favorite tax bloggers.
May 14
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The president’s lawyer pressed a federal judge to reject efforts by a Democrat-led congressional committee to obtain tax records from Mazars USA.
May 14 -
The bipartisan legislation aims to expand retirement savings by offering more tax incentives to individuals and small businesses.
May 14 -
The service offered instructions on how to claim an extension, among other things.
May 14 -
The Financial Accounting Standards Board has released a proposed accounting standards update to reduce the cost and complexity of accounting for income taxes.
May 14 -
Planning for the deduction can yield significant tax savings.
May 14
Seward & Kissel LLP



