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.

IRS

Gaps need filling in IRS clinic coverage

$28 million in grants are available for Low Income Taxpayer Clinics, with a particular emphasis on states and counties that aren't currently covered.

By Jeff Stimpson
Freelance writer

April 24
IRS

Cities named, registration open for IRS Tax Forums

The events will be held in Chicago, Baltimore, Dallas, Orlando, and San Diego this year.

By Jeff Stimpson
Freelance writer

April 24
IRS

IRSAC seeks nominations, establishes 'fairness' subcommittee

The IRS Advisory Council is looking for new members, and help with fairness in tax administration.

By Jeff Stimpson
Freelance writer

April 23
AT Think In the blogs: Back to the grind

What to do next month; White House returns; taxing AI; and other highlights from our favorite tax bloggers.

April 23

Jeff Stimpson
AT Think Tax Strategy: IRS loses on conservation easements — for now

The situation in the long term still looks favorable for the IRS: It now has specific authority to attack syndicated conservation easements that are too abusive.

April 23

Mark A. Luscombe

Wolters Kluwer Tax & Accounting
Sales

The brave new world of taxing digital bundles

How do you charge sales tax when different kinds of digital product are sold together?

By Roger Russell
Senior Editor

April 23
AT Think BEPS debriefed

BEPS Pillar Two will affect a significant number of companies by establishing an effective global minimum tax rate of 15%.

April 22

Josh Schauer

Insightsoftware

Resources

The latest Accounting Today research and discussion:

Web Seminar Tax season postmortem: What to fix for 2027

Join us for a transparent look at the challenges facing firms this year and how to overcome them for 2027.

Partner Insights from Canopy
On-Demand Web Seminar Rethinking busy season: A modern operating model for K-1s

Busy season is over—but the bruises are still fresh. Many firms expected smoother K-1 workflows, yet encountered the same familiar bottlenecks, last-minute delays, and staff burnout. Instead of tweaking around the edges, we'll explore a modern operating model for managing K-1s at scale – from intake through exchange – designed to reduce rework, cycle time, and eliminate seasonal chaos.

Partner Insights from K1X
Tariffs and your clients

Dean Peterson and Blair Robbins of Eisner Advisory Group discuss the tax and business ramifications of the Trump administration's tariff policies that accountants should be advising clients about.

Sponsored by Intuit Quickbooks

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.