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 debate over state and local tax deductions has been a thorny fight because it's a political priority for a small but vocal group of Republicans.
May 9
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The proposal would create a tiered system of taxation so that wealthy colleges and universities pay more as the size of their endowment grows.
May 9
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It remains unclear why the companies struck the deal without an IRS purchase, but Carahsoft previously said it stands by the cybersecurity tech transaction.
May 9
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President Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts.
May 9
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President Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges.
May 9
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President Trump's 'big beautiful bill' continues to move through the House and Senate.
May 8
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The International Ethics Standards Board for Accountants staff posted guidance to support adoption of its Tax Planning and Related Services Standards.
May 8
