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 franchises

Hewitt re-enters tax prep space

His Loyalty Brands has combined with ATAX Franchise to focus on serving the Latino market.

By Jeff Stimpson
Freelance writer

May 31
AT Think Understanding e-filing patterns to build better advertising strategy

Three distinct periods of e-filing during tax season can help accountants leverage audience insights to inform advertising strategies.

May 31

Kyle Blackman

Exponential
Tax returns

Wyden threatens nominee holdups after Mnuchin blocks Trump taxes

The Democrat has few other mechanisms to pursue the president's tax returns in the Republican-controlled Senate.

May 31
Tax-related court cases

Tax Fraud Blotter: Evasive action

Stimulation; with a bullet; self-description and misrepresentation; and other highlights of recent tax cases.

By Jeff Stimpson
Freelance writer

May 30
International taxes

Int'l accountants’ association lays out principles for global digital taxes

The OECD is calling for ideas on handling tax in the new worldwide economy.

By Jeff Stimpson
Freelance writer

May 30
AT Think Fostering post-tax season growth in wealth management

Now is the time to fill in the gaps in your clients' financial plans.

May 30

John P. Napolitano

Napier Financial
Tax Strategy More QOZ guidance: Is it enough?

A look at the latest developments and IRS insights into Qualified Opportunity Zones.

May 30

Mark A. Luscombe

Wolters Kluwer Tax & Accounting

Resources

The latest Accounting Today research and discussion:

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
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

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.