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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New York City will seek any taxes that President Donald Trump should have paid for money he received from his late father, Mayor Bill de Blasio said, following a New York Times report on the transactions.
October 3
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The Internal Revenue Service released guidance Wednesday on the business expense deduction for meals and entertainment in the wake of the Tax Cuts and Jobs Act.
October 3
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The third article in this series explores how companies should collaborate internally to make the most of new technology.
October 3
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China ordered one of its top actresses and her associated companies to pay about 884 million yuan ($129 million) in taxes and fines, capping a months-long tax evasion probe that shook the nation’s blossoming entertainment industry.
October 3
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New York state tax authorities have opened an investigation into allegations reported in the New York Times that President Donald Trump and his family created their real estate empire through “instances of outright fraud,” evading taxes on hundreds of millions of dollars.
October 3
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President Donald Trump dismissed allegations in a New York Times story that he had received vastly more money from his father than previously admitted — in possible violation of tax laws — as “very old” and “boring.”
October 3
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Hail Nexus Monday; startups using tax losses; advantages in the season’s choices; and other highlights from our favorite tax bloggers.
October 3
