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 is considering ideas to raise taxes on the rich as a way to partially offset revenue losses from his tax package.
April 17
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Congress will be drafting its multitrillion tax cut proposal in the coming weeks, almost certainly reflecting the priorities of a small minority of constituents.
April 17
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The university pushed back against the U.S. government after President Donald Trump said the school should lose its tax-exempt status.
April 17
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The Trump administration is reportedly making plans to shut down the Internal Revenue Service's free tax prep system next year.
April 16
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The structure has been delivering tax savings to advisory practices and other professional services firms for decades. But experts say sometimes it's not the best fit.
April 16
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The former special agent in the Criminal Investigation division who probed Hunter Biden's taxes is expected to head the IRS.
April 16
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A court upheld the Internal Revenue Service's forced sale of a co-owned dental practice for one owner's tax debt.
April 16
