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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Many tax-exempt groups that participate in politics will no longer be required to disclose their donors to the Internal Revenue Service, the Treasury Department said.
July 17
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Four Democratic-led northeastern states sued the Trump administration to invalidate the new $10,000 cap on the federal tax deduction for state and local taxes.
July 17
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The service will help taxpayers manage the new withholding tables.
July 17
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These provisions of the Tax Cuts and Jobs Act offer practitioners big opportunities to help clients.
July 17
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More than 75 percent of CPAs in New Jersey say the Garden State’s recently enacted budget would have a negative impact on the economy, according to a new survey by the New Jersey Society of CPAs.
July 16
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The upcoming rules may affect one tactic that some wealthy taxpayers have been using to get around the cap on deducting local property taxes.
July 13
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The Internal Revenue Service is preparing to send millions of dollars to vets who received disability severance payments starting in 1991.
July 13
