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.

Technology

Vertex Releases Tax Solutions for Oracle ERP Cloud

Vertex has released a suite of scalable tax solutions for the Oracle ERP Cloud suitable for companies of any size.

September 20
Tax practice

The Perils of Providing Financial and Tax Advice

Win or lose, CPAs providing financial and tax advice to their clients might be in treacherous territory.

September 20
Tax practice

In the Blogs: Stated Bluntly

Highlights of some of our favorite tax-related blogs from the past week.

September 20
Tax practice

Wolters Kluwer Projects Inflation-Adjusted Tax Brackets

Inflation-adjusted tax brackets for the 2017 tax year, based on the average inflation index for the 12-month period ending on August 31, 2016, show a slight uptick for the year ahead, according to Wolters Kluwers George Jones.

By Roger Russell
Senior Editor

September 19
Tax practice

PwC U.S. Tax Leader Roy Weathers Plans Changes

Roy Weathers recently stepped into the role of tax leader of PricewaterhouseCoopers U.S. firm, where he plans to increase diversity and technology use.

By Michael Cohn
Editor-in-chief, AccountingToday.com

September 19
Tax practice

Tax Fraud Blotter: I Own a Mansion and a Yacht ”

A roundup of our favorite recent tax fraud cases.

September 18
Tax practice

In the Blogs: Basket Cases

Highlights of some of our favorite tax-related blogs from the past week.

September 18

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
On-Demand 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.