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 tax prep chain grew its income by more than $12 million.
September 4
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The Internal Revenue Service is giving some relief from penalties to partnerships that filed their 2016 tax returns too late this year.
September 1
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The Internal Revenue Service’s Criminal Investigation unit has reportedly been tapped by special counsel Robert Mueller’s office to help investigate financial ties between Donald Trump’s presidential campaign and Russia.
September 1
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Among other improvements, the upgraded IRS.gov should be easier to access from smartphones and tablets.
September 1
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ZipBooks adds new 1099 feature, and ReportAmigo adds several updates to its reporting software.
September 1
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Victims of the severe storms, flooding, landslides and mudslides that took place beginning on July 28 in parts of West Virginia may qualify for tax relief from the IRS.
August 31
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The IRS is warning about possible fake charity scams emerging due to Hurricane Harvey.
August 31
