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 group of conservative House Democrats is embracing some elements of a GOP plan to cut taxes, potentially creating an opening for Republicans to win bipartisan support.
October 4
-
Even the most drastic changes to the Internal Revenue Code won’t diminish accounting and tax pros’ needs for tools that deliver in-depth, accurate info.
October 4
-
The Halloween tax; death during dishonor; define ‘gambler;’ and other highlights from our favorite tax bloggers.
October 3
-
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
-
The treatment of pass-throughs and how their income is taxed is a major issue for legislators.
October 3
-
Almost $120 billion remains outstanding for all cases, including those that are taxation-related.
October 3
-
Most other aspects of the system will remain operational.
October 3
