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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(Bloomberg) Tax preparation isn't rocket science -- or so contends Kenneth Lin, in his pitch to get taxpayers to use Credit Karma, his popular credit-monitoring site, to do taxes online for free.
April 7
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The Internal Revenue Service said Thursday it would offer toll-free telephone service for taxpayers on the last two Saturdays of tax season.
April 6
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IRS Commissioner John Koskinen testified at a Senate hearing Thursday about tax season, a day after a group of House Republicans wrote to President Trump asking him to fire Koskinen.
April 6
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The U.K.'s exit from the European Union will bring major tax uncertainties for U.S. businesses trading in the U.K., or using it as a platform to trade into the rest of the EU.
April 6
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Eight weeks ago the president said he would be releasing a “phenomenal” tax plan within two or three weeks. But there’s no sign of a plan yet, and mixed signals from the White House are imperiling Republican promises of speedy action.
April 6
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A new report from IBM’s security research group sheds light on how tax scam emails are proliferating.
April 6
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Rep. Lloyd Doggett, D-Texas, and Sen. Sheldon Whitehouse, D-R.I., have introduced legislation to discourage the use of corporate tax havens.
April 5
