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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Lawmakers are complaining about the agency’s disproportionate number of audits of low-income taxpayers who claim the Earned Income Tax Credit.
April 9
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The House passed bipartisan legislation Tuesday to overhaul some key aspects of the way the Internal Revenue Service operates, including the appeals process.
April 9
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A new analysis released Tuesday shows how much tax professionals are earning on their annual salaries in the U.S. and in some of the biggest cities in the country.
April 9
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Treasury Secretary Steven Mnuchin said a request from House Democrats for President Donald Trump’s tax returns is under review and that "we will follow the law."
April 9
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A new limit on state and local tax deductions isn’t forcing taxpayers to leave some states, according to Moody’s Investor Service.
April 9
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It’s tax time for everyone, but for entrepreneurs in the rapidly growing cannabis business, it’s a particular challenge.
April 9
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They’re rare, but terrifying, so it’s worth bearing these points in mind during a tax exam.
April 9
