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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Accountants with clients in India are facing a new goods and services tax regime that launched in July.
July 3
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The Internal Revenue Service has created a new section on its IRS.gov website dedicated to information on the Country-by-Country Reporting rules of the Organization for Economic Cooperation and Development’s Base Erosion and Profit Shifting project, which aims to discourage tax avoidance by multinational companies.
June 30
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Senate Republican leaders trying to break a logjam on their proposed health-care legislation are working with congressional budget officials to examine the impact of various changes they’re considering, a process that could take about two weeks, according to a GOP aide.
June 30
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As India prepares to launch its biggest tax reform since independence in 1947, businesses and citizens across the country are bracing for economic chaos.
June 30
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Donald Trump on Friday said that if Republican senators can’t strike a deal on their health bill, they should immediately repeal Obamacare and then replace it later, a reversal of the president’s earlier position.
June 30
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Moves for business and individual clients to make before Washington changes the code.
June 30
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Not all tax pros are rejoicing about the court ruling striking down fees for the ID number.
June 30
