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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The IRS has released the vast majority of the code used to develop its Direct File program, theoretically allowing anyone to build their own versions.
June 5
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A plan to sell thousands of acres of federal land to help pay for the massive package of tax cuts will be returning in the Senate's version of the bill.
June 5
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The world's richest man is declaring his opposition to tax legislation that's the centerpiece of Trump's domestic agenda.
June 5
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A Republican attempt to block states from enforcing new artificial intelligence rules over the next decade has drawn growing bipartisan objections, exposing tension in Washington over allowing for more unchecked AI development.
June 5
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The latest data on layoffs and growth in master's degree programs in accounting.
June 5
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Musk described the bill as a budget-busting "disgusting abomination." as Republican fiscal hawks stepped up criticism of the massive fiscal package.
June 4
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The deal that led the House to increase the maximum deduction for state and local taxes to $40,000 is not set in stone in the Senate.
June 4
