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 omnibus appropriations bill passed by Congress includes a number of priorities and directives for the Internal Revenue Service.
May 5
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Passage of the House’s health-care bill gives the Obamacare repeal effort new life after months of wrangling, but key Republican senators are already pushing it aside to write their own bill with no clear timetable to act.
May 5
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The new look is meant to represent interconnectivity and ease of use.
May 5
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Preparer, politician, prisoner; fake losses and deductions; and other highlights of recent tax cases.
May 5
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The Internal Revenue Service released the 2018 inflation-adjusted limitations for health savings accounts Thursday.
May 4
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House Republicans mustered just enough votes to pass their health-care bill Thursday, salvaging what at times appeared to be a doomed mission to repeal and partially replace Obamacare under intense pressure from President Donald Trump to produce legislative accomplishments.
May 4
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President Donald Trump took executive action Thursday to give churches and religious groups greater leeway to engage in politics without risking their tax-exempt status.
May 4
