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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President Trump assailed New York Mayor Zohran Mamdani, warning that his push to ramp up taxes on the wealthy would be destructive to the nation's largest city.
April 17
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U.S. states are moving to establish a pipeline of large-scale renewable energy projects that can qualify for billions of dollars in expiring federal tax credits.
April 17
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Governor Kathy Hochul and New York City Mayor Zohran Mamdani have finally found a tax to agree on. Getting everyone else on board stands to be more complicated.
April 17
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Senators introduced tax-related legislation aimed at improving taxpayer service, cracking down on tax evasion and curbing the carried interest tax break.
April 16
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The Internal Revenue Service introduced an online Tax Debt Help tool, the day after the tax deadline, to help taxpayers understand and resolve their tax debts.
April 16
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Failed election campaign; six-figure salary; online scam; and other highlights of recent tax cases.
April 16
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When business clients no longer need employer tax accounts, they need to close those accounts properly so they are no longer responsible for them.
April 15
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