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 forms

Tax relief granted to California wildfire victims

The IRs has pushed back a number of deadlines for those affected by the fires.

By Jeff Stimpson
Freelance writer

October 13
Crime and misconduct

San Jose man sentenced to three years for IRS bomb threat

Hung Ha, 41, was convicted of threatening a federal official after aggressively seeking a tax refund.

By Sean McCabe
Senior Editor

October 13
Tax preparation

IRS needs to stay on top of its IT game

Efficiencies could have freed up $67 million in tech spending, a TIGTA study finds.

By Daniel Hood
Editor-in-chief

October 13
Tax-related court cases

Tax Fraud Blotter: Sleazy rides

More than 1,300 bogus returns; King of crime; retired CPA is slick non-filer; and other highlights of recent tax cases.

By Jeff Stimpson
Freelance writer

October 12
Tax reform

GOP struggles to win over dissidents on SALT break

Republican congressmen from states with high taxes are concerned about the potential loss of the deduction.

October 12
Tax tools

Intuit is hiring tax experts

CPAs, EAs, and attorneys are welcome to apply.

By Ranica Arrowsmith
Technology Editor

October 12
Tax franchises

Paramount Tax & Accounting joins major franchise group

As part of the United Franchise Group, the company aims to leverage the experience of CPAs to compete with major chains.

By Jeff Stimpson
Freelance writer

October 12

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
On-Demand 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.