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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There are two types of soccer executives, according to 2011 testimony given by Chuck Blazer, then the highest-ranking American in international soccer: those who take bribes, and those who pay them.
June 12
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Under pressure from businesses and homeowners, the Seattle City Council is poised to repeal a tax on large employers like Amazon.com Inc. less than a month after it passed the tax unanimously.
June 12
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The Tax Court rules that creditors must have hard evidence that an obligation is uncollectable before they deduct it.
June 12
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Thomson Reuters has introduced the Checkpoint Tax Cuts and Jobs Act Toolkit to help accounting firms advise clients about the new tax law.
June 11
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The deal to steer some ofthe territory's future sales taxes to a key group of bondholders puts a U.S. oversight board in charge.
June 11
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Private universities won’t be taxed on unrealized income from their billions of dollars in assets before the levy was approved.
June 11
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Affected taxpayers can get deadline extensions and penalty abatements.
June 8
