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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Three Senate Democrats who’ve tried to leverage their way into talks on the GOP tax-cut bill said Tuesday Republicans haven’t addressed their concerns in the legislation that’s emerged, a signal that the plan has little chance of getting any bipartisan support.
November 28 -
The top two Democratic leaders in Congress pulled out of a meeting with President Donald Trump on Tuesday after he tweeted that a budget deal with them was unlikely, raising the odds that the U.S. government will partially shut down next week.
November 28 -
The state is trying to duplicate its success with movies by offering breaks to the music business.
November 28 -
A roundup of new IRS initiatives in data collection for the upcoming tax season.
November 28
Wolters Kluwer US, Tax & Accounting -
The Senate tax bill is headed for a marathon debate this week as Republican leaders plan to hold a floor vote as early as Thursday—but first, it has to go through the Budget Committee, where key GOP lawmakers are raising objections. Here are the latest developments, updated throughout the day:
November 28 -
The amount of total assets under management in donor-advised funds grew 9.7 percent to more than $85 billion last year, as an 80-year-old vehicle for philanthropy and charitable giving continues to grow in popularity.
November 28 -
A majority of small business owners oppose the tax reform plans now being considered by Congress, according to a new survey.
November 27





