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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Personal and professional; off he goes (to jail); charity case; and other highlights of recent tax cases.
January 21
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Mike “The Situation” Sorrentino, a member of the cast of MTV’s reality series “Jersey Shore,” and his brother Marc Sorrentino, have pleaded guilty to federal tax charges.
January 19
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The Treasury Department and the Internal Revenue Service have released a new notice giving multinational companies some extra guidance to help them calculate the “transition tax” on untaxed foreign earnings of foreign subsidiaries of U.S. companies under the Tax Cuts and Jobs Act.
January 19
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The Treasury Department updated its strategy for the Internal Revenue Service in advance of the failure of negotiations to keep the government open.
January 19
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The Internal Revenue Service has revised the streamlined application form for groups that are applying for tax-exempt status.
January 19
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The Tax Cuts and Jobs Act has been marketed as a much-needed simplification for American taxes, and American expatriates comprise a tax-paying demographic most in need of simplification of the tax requirements.
January 19
Greenback Expat Tax Services -
New York Governor Andrew Cuomo announced plans Thursday to target a tax break for investment fund managers in his state.
January 18
