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 Halloween tax; death during dishonor; define ‘gambler;’ and other highlights from our favorite tax bloggers.
October 3
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The White House is showing “softness” on ending a $1.3 trillion federal tax deduction filers get for their state and local taxes, Senator Bob Corker said Monday, warning that it raises questions about the GOP’s “intestinal fortitude” and could imperil a tax overhaul.
October 3
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The treatment of pass-throughs and how their income is taxed is a major issue for legislators.
October 3
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Almost $120 billion remains outstanding for all cases, including those that are taxation-related.
October 3
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Most other aspects of the system will remain operational.
October 3
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The next window of tests for three credentials for accountants and tax pros starts in less than a month.
October 3
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On the last page of a nine-page tax plan that calls for slashing business rates, President Donald Trump and congressional Republicans proposed a little-noticed, brand-new tax that may hit companies like Apple Inc. and Pfizer Inc.
October 2
