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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Surveys released this week reveal lingering uncertainty about the new tax law.
March 13
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The Institute for Professionals in Taxation will hold its two State Income Tax Schools this July in Hartford, Conn. for SALT professionals.
March 13
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The Tax Court recently ruled against a married couple that tried to garnish the salary of the Secretary of the Treasury to pay their tax bills.
March 13
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Reps. Terri Sewell, D-Ala., and Tom Reed, R-N.Y., and Senators Ben Cardin, D-Md., and Roy Blunt, R-Mo., have introduced bipartisan legislation to make the New Markets Tax Credit permanent, in an effort to encourage private investment in low-income rural communities and urban neighborhoods.
March 13
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The season so far; true networking; Sanders and taxes; and other highlights from our favorite tax bloggers.
March 12
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The Internal Revenue Service has indefinitely extended a pilot program for private letter rulings for corporate taxpayers.
March 12
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Like-kind exchanges can vary greatly in their complexity. Basic transactions may require little mental horsepower to conduct, but some can be extremely tricky.
March 12
Mackay, Caswell & Callahan, P.C.
