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.

AT Think In the blogs: Hard to find, hard to read

History of the poll tax; leaders and bosses; worthless securities; and other highlights from our favorite tax bloggers.

November 6

Jeff Stimpson
Tax preparers

Annual renewal opens for Enrolled Agents

Roughly a third of EAs are due to re-enroll before Jan. 31, 2019.

By Jeff Stimpson
Freelance writer

November 6
Tax regulations

IRS finalizes tax preparer due diligence penalty rules

The penalty has been extended from the Earned Income Tax Credit to other types of refundable tax credits.

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

November 6
International taxes

French push for EU tech tax falters as Italy vows to go it alone

French Finance Minister Bruno Le Maire’s efforts to rally his European Union colleagues around a new tax on tech giants fell short.

November 6
Tax prep software

IRS ‘a little ahead of last year’ on getting ready for tax season

The Tax Cuts and Jobs Act dominates enhancements to Intuit’s ProConnect Tax Online.

By Daniel Hood
Editor-in-chief

November 6
AT Think Hashing out rates: Taxing marijuana without extinguishing it

States need to consider a wide range of factors in looking to set tax rates on legalized pot sales.

November 6

Jennifer Weidler Karpchuk

Chamberlain Hrdlicka
Tax-related court cases

Tax Court upholds IRS rejection of Wesley Snipes offer in compromise

The court sided with the IRS and against the action star's legal appeal.

By Roger Russell
Senior Editor

November 5

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.