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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The IRS introduced a new web page where taxpayers can confidentially report suspected tax fraud schemes, scams, evasion or other tax-related illegal activities.
February 26
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Proposed regulations will affect the determination of taxable income or loss and foreign currency gain or loss with respect to a qualified business unit.
February 25
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The latest data from the Internal Revenue Service on the current tax season shows the size of refunds significantly outpacing last year.
February 25
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The president praised the impact of the One Big Beautiful Bill Act and his tariffs despite a Supreme Court ruling, while proposing new investment accounts.
February 25
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Only a few state governments are ready to transition out of the IRS FIRE system and into its new IRIS system next year.
February 25
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Next year, the IRS will retire its FIRE e-filing system and intro its new IRIS system. Tax practitioners need to make sure their vendors are ready for the changeover.
February 25
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Cryptocurrency disposals; cosmetic compliance; paper or plastic; and other highlights from our favorite tax bloggers.
February 24
Matters Editorial
