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.
-
In a private meeting, Trump singled out the lawmakers from New York, New Jersey and California who have rejected the $30,000 deduction limit.
May 20
-
With the number of extensions, many practitioners are seeing tax season continue through the summer and fall.
May 20
Wolters Kluwer Tax & Accounting -
The U.S. Government Accountability Office created a list of questions for policymakers' oversight of the energy tax expenditures in the 2022 Inflation Reduction Act.
May 19
-
The American Institute of CPAs is asking accountants to call on congressional representatives to stop "unfair targeting" of pass-throughs like CPA firms.
May 19
-
The vote in the House Budget Committee paves the way for passage of the legislation as soon as Thursday,
May 19
-
What the senators call "unusually timed contributions" came in immediately after Donald Trump named Billy Long as his pick.
May 18
-
President Donald Trump called on members of his party to unite behind his economic agenda in Congress, putting pressure on factions of lawmakers who are calling for last-minute changes to the legislation to drop their demands.
May 16
