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.
-
Surveys show just one-fifth of taxpayers believe their taxes have gone down.
April 15
-
Nearly half of Americans fail to check whether their tax preparer includes their PTIN and signs their return, putting them at risk of being scammed, according to a new survey.
April 12
-
Low-income and minority taxpayers were more likely to use extra-fee tax preparation offerings like refund advances and refund transfers, according to a new report Friday from the Government Accountability Office, and tax preparers often didn’t present them with information about the fees ahead of time.
April 12
-
Some 50 million taxpayers have not yet filed their tax returns.
April 12
-
The Democratic socialist who promotes policies to raise taxes on millionaires and billionaires plans to make public his federal tax returns by April 15.
April 12
-
When Hayden Myer made an eye doctor’s appointment for the end of April, he told the clinic that he might not show up for the visit if his tax refund didn’t arrive in time.
April 12
-
Although the Tax Cuts and Jobs Act increased take-home pay somewhat, millions of households treat tax refunds as a built-in component of their annual budget.
April 12
