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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I’ve heard from many colleagues that tax season was not good. Here are some things that could have prevented or mitigated the problems.
April 15
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This tax day, tax evasion has topped $400 billion dollars.
April 15
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The European Union has taken a closer look at how the search giant uses operations in Ireland to help reduce its corporate tax obligations.
April 15
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Citing an “unambiguous legal obligation,” House Ways and Means Committee Chairman Richard Neal set the IRS a deadline of April 23 to hand over President Donald Trump’s tax returns before potentially resorting to other legal options.
April 15
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Data from advertising company Exponential found that walk-in tax preparation is more popular with older generations, while young people are more likely to file their taxes online or with tax prep software.
April 15
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The California lawmaker, one of 18 declared candidates for the 2020 Democratic presidential nomination, released 15 years’ worth of returns.
April 15
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The Minnesota senator who is seeking the 2020 presidential nomination has already released 12 years of returns dating back to 2006.
April 15
