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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A repeat offender gambles, then loses; targeting the homeless; and other highlights of recent tax cases.
June 30
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Estate planning has once again entered the realm of uncertainty.
June 29
Thomson Reuters Tax & Accounting Business -
Republican Senator Bob Corker said Thursday that he expects GOP leaders to scrap a provision in their health bill that would repeal a tax on investment income that affects high-income earners.
June 29
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The Internal Revenue Service has opened a probe into the tax-exempt status of a charity funded by pharmaceutical companies, threatening a lifeline the industry uses to help patients buy expensive drugs for cancer, multiple sclerosis and other diseases.
June 29
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Several Senate Republicans began to question Wednesday whether their health-care bill should repeal a tax on high-income Americans imposed by Obamacare when the legislation would scale back subsidies for the poor.
June 28
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Donald Trump attacked the entity he referred to as the “AmazonWashingtonPost” in a tweet Wednesday morning, the latest attempt by the president to cast Amazon Chief Executive Officer Jeff Bezos’s ownership of the Washington Post in a nefarious light.
June 28
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The Electronic Tax Administration Advisory Committee is recommending ways for the Internal Revenue Service to combat tax fraud and identity theft with better cybersecurity.
June 28
