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: Feedback loops

Facebook dinged in California; New York State of workaround; SEC spoof; and other highlights from our favorite tax bloggers.

May 22

Jeff Stimpson
State taxes

Thomson Reuters reports on state taxes on e-commerce

Thomson Reuters released a report Tuesday examining how states are imposing corporate income taxes on out-of-state e-commerce sites.

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

May 22
International taxes

London investment bankers charged in German tax case

Frankfurt prosecutors confirmed that they have charged six people — including three former London-based investment bankers — for allegedly getting improper refunds on dividend tax.

May 22
AT Think Art of Accounting: Lunch with Sid Kess and Chaya Siegfried

A couple of weeks ago I had lunch with Sidney Kess and Chaya Siegfried.

May 22

Edward Mendlowitz

Withum
Tax season

Lessons from the 2018 tax season

With the changes coming in 2019, preparers may end up being nostalgic for this year.

By Roger Russell
Senior Editor

May 21
Tax season

Debrief encounter: Busy season do-overs

Preparers share how they'd change things if they could do 2018 over again.

By Jeff Stimpson
Freelance writer

May 21
International taxes

Apple’s $1.8B tax arrears payment eases pressure on Ireland

European authorities indicated they are open to dropping a case against Ireland for failing to collecting Apple Inc.’s tax arrears quickly enough, as the company paid over a first tranche of cash.

May 18

Resources

The latest Accounting Today research and discussion:

Web Seminar The most important supply for tax firms isn't found on shelves

In this webinar, we'll show you how tax and accounting professionals are leveraging new technologies to make their firms more efficient and to stay ahead of competitors.

Partner Insights from Thomson Reuters
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

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.