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 agency is waiving some of the late-payment penalties pertaining to the section 965 transition tax on foreign earnings in the new tax law.
June 4
-
The Internal Revenue Service plans to spend close to $300 million to implement the new tax law.
June 4
-
Florida’s long-running effort to lure Wall Street hotshots is gaining traction thanks to a provision in the federal tax law that hits residents of high-tax states.
June 4
-
The Tax Cuts and Jobs Act made far-reaching changes to the tax code and resulted in significant tax accounting modifications.
June 1
Thomson Reuters Tax & Accounting Business -
The former CFO of a taxi management company with links to Donald Trump’s personal lawyer agreed to cooperate in ongoing investigations.
June 1
-
-
Several business names; politics as usual; fraudulent spins; and other highlights of recent tax cases.
June 1
