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 relief applies to due dates that started on March 3.
March 8
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Teemco player; reverse that merger!; ATM gamble doesn’t pay off; and other highlights of recent tax cases.
March 7
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Some of the states that are paying the highest amounts in federal taxes are also the ones that will be hurt the most by the $10,000 limit on the SALT deduction.
March 7
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The agency is subjecting a relatively small percentage of wealthy taxpayers to tax audits, and less than half of the biggest corporations in the U.S.
March 7
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National Football League veteran Ndamukong Suh has always mixed football with finance, considering things like state taxes when weighing where to play.
March 7
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L&H CPAs and Advisors -
Bank Hapoalim Ltd., Israel’s second-biggest bank, set aside an additional $246 million to settle a lengthy tax evasion investigation by U.S. authorities. The shares fell the most in more than two months.
March 7
