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.

AT Think 3 tips for making the most of client meetings this tax season

For many tax and accounting professionals, filing season represents your best -- and only -- chance to interact with customers.

January 31

Jon Baron

Thomson Reuters
AT Think Ten things you need to know about passport restrictions on delinquent taxpayers

Before March, foreign travelers who owe more than $50,000 need to get right with the IRS

January 31

Jim Buttonow
Tax preparation

Are your clients paying too much for tax prep?

Fees are rising, but customers keep coming back.

By Bloomberg News

January 31
AT Think Art of Accounting: Staff who moonlight during tax season

When I was an employee I moonlighted and developed a base of clients who enabled me to eventually quit my job and start my own practice. How could I not like tax season?

January 30

Edward Mendlowitz

Withum
Accounting firm services

Firms plan to raise fees by more than 6% in 2017

Prices for both accounting services and tax prep are set to go up this year, according to a new survey.

By Daniel Hood
Editor-in-chief

January 30
Data security

H&R Block, United Way beef up MyFreeTaxes security

The tax prep chain and the charity have boosted authentication and encryption for their free tax-filing service.

By Jeff Stimpson
Freelance writer

January 30
Tax refunds

Jackson Hewitt, Amex again claim quicker refunds

The tax prep chain will let customers load their refund on an American Express card, saving them up to two days.

By Jeff Stimpson
Freelance writer

January 30

Resources

The latest Accounting Today research and discussion:

Web Seminar The most important supply for tax firms isn't found on shelves

In this webinar, we'll show you how tax and accounting professionals are leveraging new technologies to make their firms more efficient and to stay ahead of competitors.

Partner Insights from Thomson Reuters
Web Seminar The psychology of a modern tax workflow: Reducing anxiety, decision fatigue & compliance risk

In this session you'll learn practical, firm-tested principles to reduce confusion, improve predictability, and strengthen both client and staff confidence.

Partner Insights from SmartVault
Web Seminar Tax Planning for 2027

This webinar will look at key opportunities and stumbling blocks for practitioners

Sponsored by 8am CPACharge

Tax: Key Questions & Analysis:

What IRS guidance on forms and information reporting should practitioners prioritize?

The IRS continues to update thresholds and instructions for critical tax forms. This includes changes to information reporting requirements and guidance on evolving reporting standards, affecting 1099, W-2 and similar reporting obligations.

What procedural developments affect IRS automatic change consent for method changes?

Tax professionals must understand which accounting method changes qualify for automatic consent versus advance consent. This determines whether a Form 3115 must be filed with IRS National Office or via automatic procedures.

How are tip-related tax provisions evolving under current policy?

New tax provisions related to tip income will impact how service industry clients and payroll units handle tax reporting and compliance. This includes draft schedules and withholding considerations.

What IRS guidance will shape compliance for the 2026 filing season?

Practitioners will need to understand procedural updates, forms changes, and reporting shifts that will affect compliance workflows and client expectations for the 2026 filing season. This includes the implementation timeline for new schedules and reporting requirements as well as for emerging areas such as crypto broker reporting.