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 TCJA’s changes to alimony deductibility make good advice more important than ever.
August 21
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A lesser-known provision of the Tax Cuts and Jobs Act may offer a major investment for clients.
August 21
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Last week, Medtronic Plc suffered a legal setback in its bid to avoid a $1.4 billion U.S. tax bill — a ruling that may have costly implications for other multinationals battling the Internal Revenue Service over the use of overseas payments to lower their taxes.
August 20
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The decision legitimizes a voluntary IRS program that allows participants a limited right to represent taxpayers in IRS audits.
August 17
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Changes to state tax laws for unincorporated businesses could help them circumvent the $10,000 limit on state and local tax deductions in the Tax Cuts and Jobs Act.
August 17
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Today, there are about 100 single family offices in Russia and as many as 20 multi-family offices. Such firms typically tend to investments, taxes, estate planning and even personal needs such as travel and education.
August 17
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Private wealth managers and accountants are advising their ultra-rich clients to deal with the topic of their own mortality.
August 17
