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-related court cases

Tax Fraud Blotter: Power mad

Capital offenses; loan wolf; on the hook; and other highlights of recent tax cases.

By Jeff Stimpson
Freelance writer

February 23
Technology

Avalara releases automation for property tax compliance

The program allows users to scan the hundreds or even thousands of paper tax bills and assessments.

By Chris Gaetano
Technology Editor

February 23
Tax season

Small biz owners stress out at tax time

Two-thirds of small-business owners would rather get a mullet or remove a nest of angry bees than do their taxes.

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

February 23
International taxes

Italy probes Meta for alleged €870M in unpaid VAT

Milan prosecutors are investigating the Facebook parent company for alleged unpaid value-added taxes totaling about $927 million.

By Alberto Brambilla
Reporter

February 23
Tax fraud

Ex-bank boss removes judge in Cum-Ex case over bias

Olearius was the first senior banker charged for allegedly taking part in a controversial tax dividend scandal that cost German taxpayers billions of euros.

By Karin Matussek
Reporter

February 23
Tax season

Smaller refunds, and more from the IRS

A tax season update from Stephen Mankowski of the National Conference of CPA Practitioners.

By Roger Russell
Senior Editor

February 22
AT Think In the blogs: Getting phygital

Short answers; corralling crypto; new blog in town; and other highlights from our favorite tax bloggers.

February 21

Jeff Stimpson

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
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.