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 regulations

IRS updates per diem rates for business travel expenses

The Internal Revenue Service issued its annual notice Wednesday describing the daily rates that taxpayers can use for lodging, meals and other expenses when traveling for business.

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

September 26
AT Think Cloud for the tax function: Governance, security and integration

Tax departments are now ideally positioned to consider and apply several hard-earned cloud-adoption lessons.

September 26

Jennifer Kurtz

Vertex
Tax prep software

TurboTax Live seeks tax professionals for 2018 tax season

Intuit is now looking for credentialed tax experts including CPAs, enrolled agents (EAs) and practicing attorneys to work through the 2018 tax season.

By Ranica Arrowsmith
Technology Editor

September 26
SALT deduction

New Jersey sets rules for dodging U.S. limit on SALT deductions

The IRS has already said that it wants to shut down this kind of end run.

September 25
AT Think In the blogs: ITINs of the father

Reform 2.0 versus reality; a child’s taxes; tailoring EITC education; and other highlights from our favorite tax bloggers.

September 25

Jeff Stimpson
Tax reform

Inside Tax Reform 2.0

The attempt to build on the TCJA may bog down in the Senate.

By Roger Russell
Senior Editor

September 25
Tax planning

Top tax strategies for the end of the year

14 steps clients and practitioners should look to improve in 2019.

By Roger Russell
Senior Editor

September 25

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.