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 Republican tax overhaul gave a New York Democratic senator a tax break.
March 27
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Stephen Moore, whom President Donald Trump said he’ll nominate for a seat on the Federal Reserve, owes more than $75,000 in taxes and other penalties, according to the U.S. government.
March 27
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The House Ways and Means Committee held its first hearing under Democratic control on the tax reform law.
March 27
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Leaders of the Senate Finance Committee launched a probe into a tax scam that siphons billions of dollars away from the federal government.
March 27
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Starting May 13, only individuals who already have a SSN or ITIN will be able to request an Employer Identification Number.
March 27
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Prosecutors recorded a phone call in which William Singer said his charity was being audited and the parents should tell the IRS their contributions were for needy children.
March 27
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Corporate America brought $664.9 billion of offshore profits back to the U.S. last year, falling short of the $4 trillion President Donald Trump said would return as a result of the 2017 tax overhaul.
March 27
