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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Changes in the Tax Cuts and Jobs Act have created confusion as to what’s deductible.
April 17
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Though the IRS has periodically upgraded its computing system, today’s system is still running the same code that was written nearly 60 years ago.
April 17
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A tax on wealthy university endowments isn’t set to be collected for more than a year, yet schools are working behind the scenes to roll it back.
April 17
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For Tax Day this year, House lawmakers are focusing on a familiar target — the Internal Revenue Service.
April 17
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The Internal Revenue Service and the Treasury Department say the Tax Cuts and Jobs Act will require hiring the equivalent of 1,734 full-time employees over the next two years.
April 16
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The Internal Revenue Service issued a notice to corporate taxpayers to provide more information about the tax rates they will be paying as they transition to the new tax law.
April 16
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Intuit outspent H&R on TV commercials and paid search online, according to a new analysis.
April 16
