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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President Donald Trump will spend the next several weeks leading a public campaign in support of a tax overhaul while the White House leaves Republican lawmakers to hash out details of the plan, National Economic Council Director Gary Cohn said in an interview with the Financial Times.
August 25
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An NAEA survey reveals the most common reasons taxpayers receive CP2000 notices.
August 24
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The Internal Revenue Service has prevailed in U.S. Tax Court in a case involving an Arizona jewelry store business that received a tax break by insuring itself for millions of dollars, in part against the risk of terrorism.
August 23
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Jackson Hewitt Tax Service and its franchisees expect to hire more than 25,000 preparers and associates nationwide between now and the end of the year.
August 22
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A growing number of key congressional Republicans are considering a controversial maneuver that would allow for about $450 billion of tax cuts without offsets, according to four congressional aides familiar with the discussions.
August 22
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Back to school; a possible bitcoin bubble; good uses for reverse audits; and other highlights from our favorite tax bloggers.
August 22
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Uber and Target vet Jeffrey Jones will take the helm of the tax prep giant in October.
August 22
