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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For New York City’s luxury real estate brokers, a new mansion tax certainly isn’t welcome news, but it’s better than the alternative.
April 2
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The rally in the $3.8 trillion municipal-bond market is about to face a major tax-season test.
April 2
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The Internal Revenue Service treats crypto money as a capital asset like stocks or property, not as a currency.
April 2
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Preparer reactions to filing season this year are … complicated.
April 2
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Tax pros weigh the pros and cons of different levels of filing this year.
April 2
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Tax reform and other issues have created a flood of unwelcome prospects.
April 2
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The Internal Revenue Service is having trouble dealing with the information it’s getting from foreign banks about U.S. taxpayer assets under the Foreign Account Tax Compliance Act because of problems with the data and various mismatches, according to a new government report.
April 1
