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.
-
With the new tax law now a reality, the upcoming tax season is the perfect time to showcase your value as a true trusted advisor to your clients.
February 1
Corporate Ladders -
The Justice Department said Thursday it has entered into a settlement with Z Street, a nonprofit that educates the public about Israel and Middle East issues, after the group sued the Internal Revenue Service for holding up its application for tax-exempt status and subjecting it to extra scrutiny.
February 1
-
The Internal Revenue Service’s efforts last year to safeguard against identity theft by asking employers to file W-2 forms earlier and holding tax refunds longer if taxpayers claimed the Earned Income Tax Credit or the Additional Child Tax Credit did not always work, according to a new report.
February 1
-
President Donald Trump will promote the economic benefits of Republican tax cuts and ask the Senate to pass his proposed immigration overhaul at the congressional GOP retreat Thursday, amplifying themes from his State of the Union address.
February 1
-
Hostess Brands Inc., feeling flush after last month’s tax overhaul, will offer bonuses to workers—including free snacks.
February 1
-
Every company seeks effective ways to reduce their overall tax liabilities.
January 31
KBKG -
The widow of a country music producer who continued to operate, at a loss, an establishment to encourage songwriters was not able to deduct her losses in excess of her income from the activity.
January 31
