Tax News from Accounting Today

As corporate tax teams finalize their 2025 strategies following the One Big Beautiful Bill Act, savvy leaders are already looking ahead to 2026.

There have been significant changes in the way in which the IRS is now dealing with R&D tax credits and viewing how they're documented.

Private company leaders looking to sell reported that tax on recognized gains (88%) and transfer taxes (87%) were major concerns, per a Deloitte survey.

With no guidance available, tax practitioners and their clients have to figure out how much risk they want to take.

The One Big Beautiful Bill Act makes the opportunity zone program permanent and also introduces some changes in the real estate investor tax breaks.

The agency's Criminal Investigation unit also identified 112% more tax fraud from the previous year.

Scenes from an Italian restaurant; blue Hawaii; you're gonna be soooory;  and other highlights of recent tax cases.

The IRS is reminding taxpayers and tax practitioners of the changes to the credit from this year's big tax legislation.

Steve Lockshin and Michael Kitces tied what they view as some mistaken assumptions around fees to the competitive need for more estate planning services.

The House Ways and Means Committee passed three bills aimed at bolstering taxpayer rights.

That guidance basically asks employers to use their best efforts to provide documentation; no penalties will be imposed on those who were unable to document qualified tips and overtime.

The agency is also looking for feedback on the guidance by next March.

Extension battle goes on; flipping out; correcting clients' misinformation; and other highlights from our favorite tax bloggers.

Morningstar's study of this growing area of asset management suggests that 529 plan quality is rising, despite the research firm's lackluster grades for it.

The American Institute of CPAs advised the Treasury and the IRS to simplify the tax reporting requirements for partnerships and S corporations — or passthrough entities.

Plus, Karbon launches smart tax organizers and binders with Stanford Tax; and other accounting tech news and updates.

By any other name; a different kind of clearing house; dodgy digital; and other highlights of recent tax cases.

The release coincides with a $6.25 billion donation from Michael Dell and his wife to kickstart the savings program.

Approximately three-quarters of businesses haven't yet automated their 1099 information reporting for their taxes, according to a new report from Avalara.

Planning around SSI COLAs; holiday business deductions; complex decisions of inheritance; and other highlights from our favorite tax bloggers.