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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Marginal rates had been that high as recently as 1981.
January 7
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The IRS will issue refunds to taxpayers even if the U.S. government shutdown extends into the filing season.
January 7
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In a series of tweets, the businessman announced he has not filed a tax return for eight years, calling taxation “theft” and “illegal.”
January 7
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Over 30 states now have a 10 Business Day Rule in place.
January 7
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The defendant is accused of selling stolen information to the German tax authorities.
January 7
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House Ways and Means Committee Chairman Richard Neal, D-Mass., is asking the Internal Revenue Service and the Treasury Department to explain what impact the partial government shutdown will have on the upcoming tax season.
January 4
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Progressive House Democrat Alexandria Ocasio-Cortez called for a sharp tax hike on the highest incomes in order to fund a massive “Green New Deal.”
January 4
