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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House Republicans have scaled down their proposals.
December 11
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One of the biggest opportunities created by last year’s tax law sits in a hurricane-ravaged island desperate for a recovery.
December 11
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Last year’s tax overhaul imposes a tax on some coveted benefits for workers at tax-exempt organizations.
December 11
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The lame-duck package has been scaled back as the congressional term nears an end.
December 10
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Changes in the Tax Cuts and Jobs Act impose new taxes on groups like churches and charities that offer free parking to clergy and employees.
December 10
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The Internal Revenue Service’s recent proposal to extend gift and estate tax exemptions beyond 2025 could spur some large transfers of wealth.
December 7
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The deferral may not be available to executives, highly compensated officers and those owning 1 percent or more of a corporation’s stock.
December 7
