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 season

Intuit sees rise in TurboTax sales so far this tax season

The software maker's results contrast with preliminary data from the Internal Revenue Service.

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

February 23
Tax fraud

Mueller adds charges for ex-Trump aide Gates as plea seen near

The Special Counsel filed conspiracy and false-statement counts against the former campaign official.

February 23
Tax fraud

Gates is said to be close to pleading guilty in Mueller probe

A former top aide to Donald Trump could be cooperating with the Special Counsel’s investigation.

February 23
AT Think 4 ways client tax documents are at risk

Identifying areas of vulnerability is the first step to addressing the cybersecurity problem.

February 23

Don Emery

Doc.It
Tax fraud

Mueller squeezes Manafort and Gates with new tax charges

The former Trump campaign chairman and his onetime deputy were indicted for fraud as the U.S. Special Counsel mounted a fresh attack to strengthen his legal pressure against the men.

February 23
Tax-related court cases

Tax Fraud Blotter: Wide world of fraud

International schemes sought millions; an asset shuffle; time’s up for temp agency; and other highlights of recent tax cases.

By Jeff Stimpson
Freelance writer

February 23
Trump tax plan

Tax cut impact split along racial and gender lines

The new tax law is having an unequal effect on Americans' paychecks.

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

February 22

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.