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

IRS cloud security is lacking: TIGTA

The Treasury Inspector General for Tax Administration said the IRS implemented several cloud services without having a fully implemented security control infrastructure in place.

By Chris Gaetano
Technology Editor

September 30
Tax relief

Ian victims get federal filing relief

The IRS is pushing deadlines out to Feb. 15 for those impacted in Florida.

By Jeff Stimpson
Freelance writer

September 30
Technology

Tech News: Bloomberg integrates domestic U.S. tax rates

Plus, Intuit announces new commerce accounting capacities for QuickBooks; Avii offers new core and enhanced versions of Avii Workspace; and other updates from the accounting technology world.

By Chris Gaetano
Technology Editor

September 30
AT Think Setting up payroll for a remote team

Many businesses have team members across state lines, and you may have clients with remote employees in other states. Payroll can get confusing and tricky in those situations!

September 30

Nellie Akalp

CorpNet.com
IRS

Americans abroad renounce citizenship to escape tax law's clutches

FATCA was designed to go after wealthy Americans keeping money overseas to avoid taxes, but is also ensnaring regular people living abroad.

By Bloomberg News

September 30
Tax-related court cases

Tax Fraud Blotter: Three times the fun

No more flying Coach; under the bar; last scheme in Clarksville; and other highlights of recent tax cases.

By Jeff Stimpson
Freelance writer

September 29
Corporate taxes

Baker Tilly to acquire True Partners Consulting

The Top 10 Firm is expanding its corporate tax practice.

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

September 29

Resources

The latest Accounting Today research and discussion:

Case Study A blueprint for a smoother, more automated tax workflow

For tax leaders: a real-world blueprint to streamline workflows and improve client experience.

Partner Insights from Thomson Reuters
White Paper Find and fix tax workflow gaps to save time and reduce rework

For tax professionals: a 3-step guide to spot workflow gaps and streamline your tax tech stack.

Partner Insights from Thomson Reuters
White Paper Start making next busy season easier, now

Built for tax teams: a practical post-season plan to reduce churn, fix bottlenecks, and prep for next busy season.

Partner Insights from Thomson Reuters

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.