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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On the whole, the final regs follow earlier proposals, with some changes to address taxpayer concerns.
March 4
Wolters Kluwer Tax & Accounting -
When I started working, in 1963, the IRS had a policy where everyone preparing and signing tax returns had to be an enrolled agent.
March 4
Withum -
France intends to tax the revenue of about 30 internet giants such as Amazon.com Inc. to help ensure “fiscal justice,” according to Finance Minister Bruno Le Maire.
March 4
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By setting a $10,000 cap on how much Americans can deduct in state and local taxes Washington created a pricey problem for the privileged in some parts of the country. But even before the law, there were rich people in blue states trying this strategy. Here are a few of the more colorful examples of litigation between wealthy residents who claimed to have moved and jilted states that didn’t quite believe them.
March 4
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The Minnesota Society of CPAs has a list of outrageous questions clients have asked their tax preparers this tax season.
March 4
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The head of the Taxpayer Advocate Service at the IRS for 18 years will be retiring at the end of July.
March 1
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Small, young companies could be eligible for up to $250,000 in payroll tax savings.
March 1
BPM
