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 scams

Scammers impersonate IRS Taxpayer Assistance Centers

In a new twist on an old scam, fraudsters are spoofing legitimate IRS phone numbers to demand payment on nonexistent bills.

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

April 24
AT Think In the blogs: Time off, and other foreign concepts

Spending refunds; states are scrambling; avoiding regulations; and other highlights from our favorite tax bloggers.

April 24

Jeff Stimpson
Tax reform

Small businesses unprepared for tax reform

New reports indicate the effects of the Tax Cuts and Jobs Act on the self-employed are still unclear to many of them.

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

April 24
Sales tax

The jury’s out on how SCOTUS will rule on Wayfair

Experts dissect the justices’ approach to landmark sales tax case.

By Roger Russell
Senior Editor

April 24
AT Think The IRS is taking off its velvet gloves for offshore holdings

Does the closing of the Offshore Voluntary Disclosure Program mean it’s time for the iron fist?

April 24

Caroline Ciraolo

Kostelanetz & Fink
AT Think Tax reform could mean big M&A payday for U.S. private cos.

The TCJA's lower business rates could spur a boom in merger and acquisition activity.

April 24

Wolfe Tone

Deloitte Tax LLP
AT Think Art of Accounting: Post tax season retrospective

Hold a meeting with everyone in your firm and discuss what occurred.

April 23

Edward Mendlowitz

Withum

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.