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.
-
A relatively smooth filing season offered a lot to learn about the future of the IRS, the importance of tax planning, changes in liability patterns, and more.
May 6
-
A Swiss bank that UBS bought helped rich Americans evade taxes even after pledging to stop the practice.
May 6
-
More than 11,400 IRS employees have either received termination notices as probationary employees or voluntarily resigned, according to a new report.
May 5
-
The IRS continued layoffs, changed its acting commissioner, and ended its Direct File program as Tax Day arrived.
May 5
-
Donald Trump's promise to strip Harvard University of its tax-exempt status prompted criticism from former IRS commissioner Charles Rettig.
May 2
-
House Republicans plan to raise more than $15 billion in revenue through lease sales, as well as other measures, to help pay for the massive tax cut package.
May 2
-
Trump posted the announcement after weeks of threatening an Internal Revenue Service review of the Ivy League's tax-free treatment.
May 2
