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 Internal Revenue Service has seen a proliferation in the past 24 hours of a phishing email seeking to steal tax practitioners’ usernames and passwords for the IRS's online services.
March 31 -
Senate Majority Whip John Cornyn said Thursday it’s uncertain whether Congress will offset the tax cuts that Republicans hope to deliver with new revenue, creating the chance that their tax-overhaul plan would be limited to 10 years.
March 31 -
The second-largest Swiss wealth manager faces a sweeping tax evasion and money laundering investigation spanning five countries and potentially involving thousands of account holders.
March 31 -
Repeat-offender preparer pleads guilty; false filing among many charges in $3 million fraud; Belize accounts; and other highlights of recent tax cases.
March 31 -
The Internal Revenue Service has issued a notice explaining how small businesses can take advantage of a new option allowing them to apply a portion or all of their research credit against their payroll tax liability, instead of their income tax liability.
March 30 -
As President Donald Trump huddles with advisers over plans for a tax overhaul, Congress is considering options to soften a controversial centerpiece of the House Republicans’ tax plan—a step that might mean smaller tax cuts for corporations.
March 30 -
Super Bowl LI offered us many surprises this year, not the least of which was the New England Patriots’ incredible comeback. However, as a practicing CPA and attorney working exclusively in tax representation, I was taken aback with something else, as I’m sure many tax practitioners were: H&R Block, Jon Hamm and IBM’s “Watson.”
March 29
Paul Mancinone Company, P.C.






