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: All in the Extended Family

A roundup of our favorite recent tax fraud cases.

January 25
Tax practice

Apple Steps Up Lobbying Efforts Against European Tax Probe

Apple Inc. is pushing back against a European tax investigation that could force the iPhone maker to pay more than $8 billion in back taxes.

January 22
Tax practice

In the Blogs: Politics Are Usual?

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

January 21
Tax practice

Tax Reform Ahead

Tax reform is on the horizon, but the horizon likely extends beyond 2016, according to Marc Gerson, tax partner at Miller & Chevalier and former majority tax counsel to the House Ways and Means Committee.

By Roger Russell
Senior Editor

January 21
Tax practice

How the U.S. Corporate Tax Code Became a Legal Maze

Perhaps the only consensus in U.S. politics is that the Byzantine and loophole-riddled corporate tax code needs reform.

January 21
Tax practice

IRS Advises Tax Preparers to Scan Their Computers for Malware

The Internal Revenue Service is urging all tax preparers to do a thorough security scan of their computer drives and devices in case there is any malware lurking.

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

January 21
AT Think Oxfam Report Blames Tax Havens for Income Inequality

Tax havens are partly to blame for the rising level of income inequality, according to a new report from Oxfam America.

January 20

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.