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 prep software

Wolters Kluwer offers free tax software to military members

The software can handle state and federal, and individual or business returns.

By Ranica Arrowsmith
Technology Editor

April 4
AT Think In the blogs: April love

Paycheck checkups; give and take; how dumb they can be; and other highlights from our favorite tax bloggers.

April 3

Jeff Stimpson
AT Think Financial planning and the TCJA

Helping clients navigate the compexities of tax reform is a priority.

April 3

John P. Napolitano

Napier Financial
State taxes

New York tax changes respond to new federal tax law

New York State approved a fiscal year 2019 budget that contains provisions to lessen the impact of the new limitations on state and local tax deductions under the Tax Cuts and Jobs Act that Republicans in Congress passed last December.

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

April 3
Sales tax software

Vertex indirect tax solutions now integrate with Acumatica

Acumatica customers can now access this software for automated sales and use tax calculations, and signature-ready returns.

By Ranica Arrowsmith
Technology Editor

April 3
AT Think Chill out: How to deal with client stress during tax season

As an accountant, you know there’s no way around it: Stress levels ratchet up during tax season for you and your clients.

April 3

Lee Frederiksen

Hinge
Tax season

Time for tax planning

Much of this filing season is being given over to planning for the next one.

By Roger Russell
Senior Editor

April 3

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.