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.
-
The Supreme Court’s 5-4 decision allows states to require out-of-state retailers to collect sales tax from customers, even if they don’t have a physical store or warehouse in the state.
July 2 -
New Jersey Governor Phil Murphy enacted a $37.4 billion spending plan that will fund his progressive agenda by raising taxes on large corporations and individuals making more than $5 million.
July 2 -
The draft version of the streamlined form tries to deliver on one of the promises of the tax simplification effort, but adds more schedules.
June 29 -
Volkswagen AG’s Porsche sports car unit is under investigation by the Stuttgart tax office over the way it accounted for marketing and catering expenses during the past 8 years, according to people familiar with the matter.
June 29 -
Bonus depreciation has changed tremendously over the past few years as companies use it to focus on revitalizing and rehabbing their companies and properties.
June 29
McGuire Sponsel -
Select falsehoods; buffet of crime; unmerrie melodies; and other highlights of recent tax cases.
June 28 -
Thomson Reuters Checkpoint Catalyst has published an analysis of the new Section 199A qualified business income deduction for pass-through entities ushered in by the Tax Cuts and Jobs Act.
June 28






