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.
-
Rep. Jeff Van Drew thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction.
April 11
-
$20 million questions; speared; tag, you're it; and other highlights of recent tax cases.
April 10
-
President Trump' and congressional leaders successfully corralled House Republican lawmakers to approve a Senate-passed budget outline.
April 10
-
The American Institute of CPAs asked officials in the Treasury and the IRS for changes in the final regs governing generation-skipping transfer tax exemptions.
April 9
-
The first wave of layoffs and others in the works will reduce enforcement. But the smaller ranks will still carry out "a rather grueling examination," an expert says.
April 9
-
The Internal Revenue Service will give taxpayer data about immigrants to U.S. authorities conducting criminal investigations
April 9
-
President Trump's so-called reciprocal tariffs are dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.
April 9
