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.
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The tax prep chain is gearing up for the upcoming tax season during a National Hiring Week, starting Nov. 3.
November 6
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In a letter to Congress, the National Association of Tax Professionals warned of serious problems for tax season.
November 6
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The Internal Revenue Service has shut down its Direct File free tax-filing program, sending an email to the 25 states that offered it this year.
November 6
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The One Big Beautiful Bill Act's presence, like it or not; return of beneficial ownership information; that familiar sense of dread; and other highlights from our favorite tax bloggers.
November 5
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The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on the new reporting requirements.
November 5
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Any new taxes to fund his agenda need the backing of the state, and Governor Kathy Hochul has said she's against such hikes.
November 5
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Voters in the Texas capital blocked a property tax increase that would have raised tens of millions of dollars to support homeless people and pay for other services.
November 5
