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.

Technology

Intuit announces enhancements to tax products

Intuit Tax Advisor, ProConnect Tax, ProSeries and Lacerte have been enhanced in time for the tax season with a number of new features.

By Chris Gaetano
Technology Editor

December 2
Tax-related court cases

The demise of Maryland's digital advertising tax echoes around the world

The court decision striking down the DAT has implications for other states, and for the future of a global minimum tax.

By Roger Russell
Senior Editor

December 2
Tax audits

Comey and McCabe weren't targeted for tax audits, TIGTA finds

The inspector general's investigation found no evidence that the former FBI leaders' returns were chosen deliberately.

By Daniel Hood
Editor-in-chief

December 1
Technology

Engineered Tax Services partners on asset management platform

The platform will be used for the delivery of Section 1031 exchange and Opportunity Zone-qualifying investments to the two organizations' networks of accounting firms and real estate advisors.

By Danielle Lee
Editor-in-Chief

December 1
Tax-related court cases

Tax Fraud Blotter: SPAM folder

Hedge funds; Better Dayz behind; the dance is over; and other highlights of recent tax cases.

By Jeff Stimpson
Freelance writer

December 1
Tax season

As tax season looms, staffing issues plague practitioners again

'Quiet quitting,' remote work and a number of new factors are making the perennial staffing shortage even worse.

By Jeff Stimpson
Freelance writer

December 1
Donald Trump

Treasury turns over Trump tax returns sought by House committee

Following a Supreme Court ruling, the IRS handed over the returns to the House Ways and Means Committee.

November 30

Resources

The latest Accounting Today research and discussion:

Web Seminar From tax question to tax strategy: Turning everyday client conversations into advisory opportunities

This webinar demonstrates how firms can uncover planning opportunities hidden within everyday client conversations and transform routine compliance discussions into higher-value advisory engagements.

Partner Insights from Intuit
Web Seminar From returns to revenue: A tax planning framework for every firm

Most tax professionals are already sitting on planning opportunities, they just don't have a system to find them, package them, or get paid for them. This session walks through a simple, repeatable framework for turning completed returns into planning conversations, billable engagements, and stronger client relationships. Attendees leave with concrete next steps they can apply right away.

Partner Insights from Holistiplan
Report Progress under pressure: The 2026 post-tax season report

Leading firms share the tools, process changes, and strategies behind a better tax season experience.

Partner Insights from Rightworks

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.