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 Treasury Secretary declined to meet a deadline to provide the president’s returns, asking for more time to study the legality of their request.
April 11
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The agency managed to open filing season on time despite the recent government shutdown and saw a big opening day.
April 10
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A new report urges against the taxation of robots, with the warning that any such policy would stifle innovation.
April 10
Accounting Today -
Massachusetts Senator Elizabeth Warren and her husband reported an adjusted gross income of $846,394 on their 2018 federal tax return, with $324,687 of that total coming from her work as an author.
April 10
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A bipartisan group of senators introduced legislation that would extend a lucrative tax break that could benefit Tesla and GM.
April 10
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Customer service and bothersome clients; SALT works-in-progress; time needed for Trump’s returns; and other highlights from our favorite tax bloggers.
April 9
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Lawmakers are complaining about the agency’s disproportionate number of audits of low-income taxpayers who claim the Earned Income Tax Credit.
April 9
