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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Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for particular credits.
May 27 -
The dapper, voluble congressman from Harlem used his perch on the House tax-writing committee to advocate for inner cities and the people who live there.
May 27 -
Investors in nations with tax regimes that the U.S. deems unfair would face higher tax rates on income earned in the U.S. if the tax bill becomes law.
May 27 -
The measure would clamp down on energy tax credits created or expanded by the 2022 Inflation Reduction Act by imposing a slew of new restrictions.
May 27 -
Here's a rundown of the House bill's main provisions impacting people and businesses.
May 23 -
The far-reaching legislation would transfer the responsibilities of the Public Company Accounting Oversight Board to the Securities and Exchange Commission.
May 22 -
The reconciliation process allows tax and spending legislation to pass with a simple majority in the Senate, but the bill still needs to survive the Byrd Rule.
May 22







