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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Approximately two-thirds of residents of Group of 20 countries distrust politicians about the tax system, according to a new survey by a trio of accounting organizations.
March 27
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The Internal Revenue Service failed to deactivate its Identity Protection Personal Identification Number program after a data breach in May 2015 for nearly a year, despite repeated recommendations from the Treasury Inspector General for Tax Administration, according to a new report.
March 27
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President Donald Trump and House Speaker Paul Ryan say they’re ready to put tax reform at the top of their agendas.
March 25
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Republicans abandoned their efforts to repeal and partially replace the ACA and plan to move on to tax reform.
March 24
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The Tax Court decided in favor of Amazon.com in an expensive transfer pricing dispute with the Internal Revenue Service involving intellectual property that the e-commerce giant assigned to a European subsidiary in Luxembourg.
March 24
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The Internal Revenue Service has published its annual update on the depreciation and inclusion tables for owners and lessees of vehicles.
March 24
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The tax prep chain is offering incentives both in its offices and online.
March 24
