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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Some of the tax returns selected by Internal Revenue Service examiners for extra scrutiny didn’t have millions of dollars in refunds held last year as they were required to be, according to a new report, and in other cases the notifications weren’t sent to taxpayers.
March 28 -
Although you might view yourself as a spreadsheet expert, there's always room for improvement with functions like IF and VLOOKUP.
March 28
Wise Owl Training -
A provider of cloud-based tax and financial planning services recently made its proprietary technology available to independent advisors, accountants and tax professionals.
March 28 -
House Republicans are approaching their next attempt at tax cuts the same way they did last year — by excluding Democrats.
March 28 -
Simplicity of tax penalties; refund request after five years; amnesty national; and other highlights from our favorite tax bloggers.
March 28
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Late receipt of wage reporting documents is reducing the capabilities of a new system for deterring tax cheats.
March 27 -
The Internal Revenue Service may be changing Schedule UTP, the Uncertain Tax Position Statement, which corporate taxpayers file with their Form 1120 tax returns, because it doesn’t contain enough information to be useful in compliance efforts, according to a new report.
March 27



