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 8 problems impacting successful tax workflow

Common roadblocks firms face during tax season, and how software can help overcome them.

November 1

Don Emery

Doc.It
Tax reform

House Republicans delay release of tax bill amid late disputes

Tax chief Kevin Brady has announced a plan to ‘work through the night’ on the bill.

November 1
Tax reform

GOP braces for ‘all hell’ to break loose when tax bill finally drops

A hectic, confusing day precedes a late-night bill postponement as the timing of the corporate rate and SALT deductions remain in question.

November 1
AT Think In the blogs: Sweet and SALT-y

Holiday lessons; getting and keeping female staff; how hackers come after firms; and other highlights from our favorite tax bloggers.

October 31

Jeff Stimpson
Corporate taxes

Trump says ‘hopefully not’ on corporate tax cut phase-in

President Donald Trump said Tuesday that “some people have mentioned” phasing in a proposed corporate tax-rate cut as part of broad tax-overhaul legislation that’ll be released Wednesday, but “we’re not looking at that.”

October 31
Tax tools

Oracle, MS Dynamics 365 software among Avalara's new certified integrations

The tax automation software company has added 14 new partners.

By Ranica Arrowsmith
Technology Editor

October 31
Payroll

Paychex sees slowdown in small business job and wage growth in October

Paychex found a slight decline in the rate of growth in small jobs and wages in October, according to its latest monthly report.

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

October 31

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.