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: Honey, Where’s the PTIN?

A roundup of some of our favorite recent tax fraud cases.

March 19
AT Think Presidential Candidates' Tax Plans Narrow as They Drop out of Race

The number of presidential candidates has been steadily winnowing down in recent weeks as they suffer defeats in the primaries and caucuses, and so too their tax plans have been falling by the wayside.

March 18

Michael Cohn
Tax practice

What to Do if Your Client is a Victim of Tax-Related Identity Theft

If youre in the tax preparation business, chances are youve had a client experience tax-related identity theft.

March 18
Tax practice

TRAC Updates Tax Statistics Tool

Syracuse Universitys Transactional Records Access Clearinghouse has updated its Taxpayer Returns online tool with data through filing year 2014.

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

March 18
Tax practice

Fixed or Flex? Tax Preparers Discuss Fees

Fees are the fuel that keeps your practice running, yet many preparers hesitate to shake up fee structures no matter what those structures depend on.

March 18
Tax practice

IRS Updates Annual Tax Guide for Tax Season

The Internal Revenue Service has updated its venerable tax guide for this tax season.

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

March 18
Tax practice

In the Blogs: Whistleblower While You Work

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

March 17

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.