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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Senate Finance Chairman Orrin Hatch is downplaying the prospect that the White House and congressional Republican leaders will be able to deliver a unified framework for tax legislation next week, as other officials have promised.
September 20 -
The European Commission will outline on Thursday different options for taxing digital companies as the 28-nation bloc seeks to raise money from an industry that it says provides less than it should to public coffers.
September 20 -
A group of U.S. business executives called for Congress to cut the corporate tax rate as low as possible and end the current global approach in which companies’ profits are taxed no matter where they’re earned.
September 20 -
Senators Bob Corker and Pat Toomey, two Republican members of the Senate Budget Committee, said they have agreed to a tentative deal to craft a budget that would allow “headroom” for a significant tax cut, though they didn’t specify the size of the reduction.
September 20 -
Victims of Irma are getting more help from the Internal Revenue Service.
September 20 -
E-services ‘upgrade;’ state sales taxes; potential Equifax filing fallout; and other highlights from our favorite tax bloggers.
September 20
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The Senate Finance Committee held a hearing Tuesday to discuss reforming the business tax code and heard from a group of panelists, including a representative of the American Institute of CPAs.
September 19





