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.

Tax practice

Tax Fraud Blotter: Tamper Proof

A roundup of our favorite tax fraud cases.

September 1
Tax practice

In the Blogs: What Nobody Tells Them

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

September 1
Tax practice

Block Revenues Drop in Q1

H&R Block announced that for its fiscal 2017 first quarter, its total revenues fell $12.5 million, to $125.2 million.

September 1
Tax practice

The Apple Story: Good versus Evil

When I told my wife that I was working on the Apple story, she told me that its already been coveredin the Book of Genesis. Shes right, of course, since good versus evil permeates many of the issues in the current tax landscape.

By Roger Russell
Senior Editor

September 1
Tax practice

Pinning Down Apple's Alleged 0.005% Tax Rate: Mission Impossible

The European Commissions finding that Ireland must collect as much as an attention-getting 13 billion euros ($14.5 billion) in back taxes from Apple Inc. contained a second stunning number: 0.005 percent.

September 1
Tax practice

Apple's Cook Confident of Tax Fight Victory as Irish Dither

Apple Inc. Chief Executive Officer Tim Cook said hes confident the iPhone maker will win a court fight against this weeks European Union decision forcing it to pay Ireland vast tax arrears, as Prime Minister Enda Kenny struggled to unite his government behind an appeal.

September 1
Tax practice

EU Apple Ruling Heralds Twilight of Easy European Tax Deals

The days when big U.S. technology companies could easily slice tax bills in Europe are coming to an end.

August 31

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.