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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Senior finance executives are feeling less optimistic about their business expansion plans as tariff worries increase in the U.S. and other parts of the world.
April 29
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Cuts in funding and staff mean the Internal Revenue Service will likely "do less with less," experts say.
April 29
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There has been a seismic shift in attitudes toward generative AI among tax and accounting professionals, according to a new report by Thomson Reuters.
April 29
Thomson Reuters Tax, Audit & Accounting Professionals -
New taxes passed in the final days of the state's legislative session shift more of the tax burden to technology companies like Amazon and Microsoft.
April 29
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To get the capital gains break, the Commerce secretary must invest the proceeds of the sales in Treasury bonds or diversified exchange-traded or mutual funds.
April 29
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The Treasury secretary touted some of President Trump's campaign proposals, including not taxing tips, Social Security or overtime.
April 29
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Critics have called for an overhaul of the confusing rules that they argue often leave investors paying taxes in the wake of falling into fraudsters' traps.
April 28
