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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April 1
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New York lawmakers approved a budget that allows for tolls on cars entering midtown Manhattan, increases sales taxes on multimillion-dollar city homes and ushers in a statewide ban on single-use plastic bags.
April 1
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Based on cryptocurrency tax guidelines specified by IRS, anyone making cryptocurrency profits has to pay taxes.
April 1
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A pair of congressional representatives has introduced bipartisan legislation to discourage abuses of the conservation easement tax break.
March 29
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The service names its annual ‘worst of the worst’ tax scams.
March 29
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The Internal Revenue Service issued guidance Friday on how to deal with state and local tax refunds in the context of the $10,000 limit on state and local tax deductions under the Tax Cuts and Jobs Act.
March 29
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The next steps in the ongoing responses to the Supreme Court’s South Dakota v. Wayfair decision.
March 29
