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.
-
Speedy time; embezzling from the dead; thousands in gold coins; and other highlights of recent tax cases.
October 18
-
The document reflects the reduced 24 percent withholding rate in the Tax Cuts and Jobs Act.
October 18
-
The Internal Revenue Service issued a notice Thursday providing interim guidance to clarify how the suspension of the personal exemption deduction in the Tax Cuts and Jobs Act will affect some of the rules under the Affordable Care Act for claiming the premium tax credit for health insurance.
October 18
-
Banco Santander SA became the latest addition to a long list of banks targeted by German prosecutors over controversial tax-driven transactions known as “Cum-Ex” that may have cost the German state about 10 billion euros ($11.5 billion).
October 18
-
The billionaire had no spouse or children to divide his empire. But there are many others with interests at stake.
October 18
-
Florida Governor Rick Scott, who boasts of cutting taxes dozens of times, has a chance to secure his legacy for years to come — even if Democrats manage to sweep his party completely out of power.
October 18
-
Empire State taxpayers sent about $24 billion more to the federal government last year than they got back in spending.
October 17
