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 returns

TIGTA identifies cause of Tax Day outage at IRS

No evidence of a breach or a cyber-threat was found.

By Daniel Hood
Editor-in-chief

September 24
Tax returns

Tiffany Haddish: ‘Can you just say “Thank you,” IRS?’

The comedian and actress would be happy with a simple gesture of appreciation from the tax authorities.

By Daniel Hood
Editor-in-chief

September 24
Trump tax plan

Employer credit for paid family, medical leave available

The IRS issues guidance for calculating and claiming the credits.

By Jeff Stimpson
Freelance writer

September 24
Tax preparers

Taxfyle raises $4M in series A funding

The Miami-based tax software startup has raised $7.3 million to date.

By Ranica Arrowsmith
Technology Editor

September 24
Tax reform

How to improve upon last year's tax reform

The pass-through deduction should be eliminated, says Karl Smith.

September 24
Tax regulations

IRS gives taxpayers a break on employee moving expenses

Taxpayers can use the deduction up until the Tax Cuts and Jobs Act says they can't.

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

September 21
Tax reform

Internal GOP poll: ‘We’ve lost the messaging battle’ on tax cuts

A survey commissioned by the Republican National Committee has led the party to a glum conclusion regarding President Donald Trump’s signature legislative achievement: Voters overwhelmingly believe his tax overhaul helps the wealthy instead of average Americans.

September 21

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.