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

NYC Tax Preparer Pleads Guilty

A tax preparer in Queens, N.Y., has pleaded guilty to 38 counts of aiding and assisting in the preparation of false federal income tax returns and four counts of filing false personal income tax returns.

April 20
Tax practice

Tax Strategies Scan: What's After Filing?

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

April 19
Tax practice

Tax Fraud Blotter: Breaking Bad

Some of our favorite recent tax fraud cases.

April 19
Tax practice

In the Blogs: Lost in the Mail

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

April 19
AT Think A Romantic Comedy Spoof for the Tax Preparer at Heart

The Web series Nacho Punch recently posted a funny new video for Tax Day satirizing trailers for romantic comedies, this one involving an accountant named Beth and a hapless taxpayer named Ben who fall in love over his taxes.

April 17

Michael Cohn
Tax practice

Marginal Earnings Incentives in the ACA

Its no surprise that tax rates affect economic behavior.

By Roger Russell
Senior Editor

April 16
Tax practice

Texas, Florida Win as U.S. House Backs State Sales Tax Break

The U.S. House of Representatives voted to let taxpayers deduct state sales taxes on their federal returns, a victory for residents of Texas, Florida and other states that lack an income tax.

April 16

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.