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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A New York state lawmaker has introduced a bill that would make President Donald Trump’s “opportunity zones” tax break less valuable to real estate developers.
February 6
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Major U.S. banks shaved about $21 billion from their tax bills last year — almost double the IRS’s annual budget — as the industry benefited more than many others from the Republican tax overhaul.
February 6
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Philly and Wayfair; better ways to tax the rich; how long to keep records; and other highlights from our favorite tax bloggers.
February 5
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The American Institute of CPAs is asking the IRS and the Treasury for additional relief for taxpayers who didn't adjust their withholdings last year for the Tax Cuts and Jobs Act.
February 5
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The Tax Cuts and Jobs Act has complicated an already-complicated situation.
February 5
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Higher rates tend to be a good thing for the state and local government bond market, a haven for investors looking for income that’s exempt from federal taxes.
February 5
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You may already be doing some of these, but take the time to step back and evaluate your entire process.
February 5
Boomer Consulting Inc.
