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.

Tariffs

Trump's new tariffs face legal challenge by group of states

Attorneys general from New York, California and Oregon said a group of states is planning to file a lawsuit in the Court of International Trade over the order.

By Erik Larson
Reporter

March 5
AT Think Don't let small business clients keep kicking the payroll can down the road

By the time they realize it's too hard to do in-house, it may be too late.

March 5

Nick Pasquarosa

Bookkeeper360
Tax forms

IRS proposes rules for electronic 1099-DA statements

Proposed regulations aim to making it simpler for digital asset and crypto brokers to provide the Form 1099-A electronically, instead of sending paper copies.

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

March 5
Practice management

Ryan acquires Hucke and Associates

The tax and software provider acquired Hucke and Associates, strengthening its ability to serve commercial real estate owners.

By Paige Hagy
Reporter

March 5
Tax season

6 tax compliance challenges at VITA sites in 2026

Volunteer Income Tax Assistance sites serve as the front line of tax compliance for low- and moderate-income taxpayers. The 2026 filing season has introduced several recurring issues that require heightened diligence by site coordinators and student volunteers.

By Christine Kuglin
Assistant teaching professor

March 5
Tax planning

Where OBBBA delivers the biggest tax cuts

New Tax Foundation research reveals which households and regions gain most from President Donald Trump's One Big Beautiful Bill Act.

By Elijah Nicholson-Messmer
Data Reporter

March 4
AT Think In the blogs: Slice, slice, baby

New tax changes; love it or hate it; tax spirit animal; and other highlights from our favorite tax bloggers.

March 3

Mary Ann Tasoulas

Matters Editorial

Resources

The latest Accounting Today research and discussion:

Special Report Preparing for tax season 2021

It’s never too early to start getting ready for the crunch, and this report will offer insights on the latest trends.

Sponsored by Vertex
Tax preparation

Tax preparers

IRS

Paycheck Protection Program

Tax season
The tax season that never ends

By Daniel Hood

September 14
IRS

Coronavirus

Payroll

Payroll taxes
Shedding light on payroll tax deferral

By Daniel Hood

September 8

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.