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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Images of Paul Manafort’s multimillion-dollar houses and elegant suits, along with his tax filings, loan documents and summaries of money from foreign sources, will be displayed to jurors when he goes on trial this month.
July 19
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Fundrise LLC helped pioneer a model of raising small amounts of money online for real estate projects around the U.S. Now it’s starting a fund to buy properties in low-income areas of the country eligible for generous tax breaks.
July 19
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Republicans are promising Tax Reform 2.0, but only a few measures may get approved.
July 18
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President Vladimir Putin’s offer to help the U.S. investigate alleged Russian election meddling, hailed as an “incredible” gesture by Donald Trump, included the same allegations made by a Kremlin-linked lawyer at a controversial 2016 meeting with top campaign officials of the future president.
July 18
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Claiming a disabled spouse; IRS messaging; FASB and codification improvements; and other highlights from our favorite tax bloggers.
July 18
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The Finance Committee is expected to approve Trump’s nomination of a tax attorney as the next head of the Internal Revenue Service.
July 17
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U.S. Commerce Secretary Wilbur Ross’s decision to sell his remaining equity holdings could save him from future run-ins with the government’s top ethics watchdog. But it could also set him up with a sizable tax bill.
July 17
