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

IRS Warns of New Scam Variations

Scammers are trying new tactics to convince taxpayers to hand over their personal information, the Internal Revenue Service warned.

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

March 31
AT Think Taxpayers Worry about Web Problems on Tax Day

Nearly half of American tax filers are worried about tax websites having problems on tax day, according to a new survey.

March 30

Michael Cohn
Tax practice

Taxing March Madness Pools Is Not a Slam Dunk

Its March and the college basketball tournament season is upon us. It is estimated that over $12 billion will be wagered on the NCAA tournament (compared with $10 billion on the Super Bowl).

March 30
Tax practice

Thomson Reuters Integrates Indirect Tax with NetSuite

Thomson Reuters has integrated its ONESOURCE Indirect Tax sales tax technology with NetSuites cloud-based enterprise resource planning system.

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

March 30
Tax practice

Owe Back Taxes? Lose Your Passport

The roughly 8 million Americans who live abroad automatically get a couple additional months each year to file their taxes. Dont expect them to be grateful.

March 30
Technology

Is Your Client's Business Ready for an IRS Audit?

Its officially tax season, and between now and April, individuals and corporations alike will be filing their taxes with the IRS.

March 29
Tax practice

Tax Strategy

The Treasurys latest Green Book points to available tax loopholes

March 29

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.