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 Excel-based calculator can help companies working on large, multiyear construction or manufacturing projects compute the interest for the contracts.
May 29
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The Internal Revenue Service released the inflation-adjusted amounts for health savings accounts for 2027, increasing the limits from 2026.
May 29
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The fund was created as part of an agreement to resolve the president's lawsuit against the Internal Revenue Service over the past leak of his tax information.
May 29
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AI is a powerful tool for tax professionals, but with a smaller, more automated and less forgiving IRS, firms need to have the right policies in place.
May 29
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Talking about the importance of one type of tax planning or another is far different from implementing all of those strategies across the industry.
May 29
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Governor Ron DeSantis floated a plan that could eventually eliminate property taxes for more than 90% of Florida residents who own their homes.
May 29
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The House-passed Taiwan tax bill, which has bipartisan support but languished in the Senate, could be a legislative priority where both parties could coalesce.
May 29
