Tax Forms
Deep dives on specific tax forms — 1099 series, W-2, K-1s, Schedule C, Form 1040 series, and the practical guidance for CPAs.
7 articles on this topic.
Qualified Domestic Trust Regulations Under Section 2056A Revised by IRS
The IRS published final regulations on July 10, 2026, revising the Qualified Domestic Trust rules under Section 2056A to eliminate outdated references and modernize filing procedures. CPA firms with clients who have noncitizen spouses in estate plans need to review open files now. Here is what changed, who it affects, and a short action checklist for this week.
Increase in Threshold for Requiring Information Reporting
On July 2, 2026, the IRS published a hearing notice for proposed regulations (REG-113229-25) that would raise the dollar thresholds triggering 1099 information reporting and backup withholding for trade or business payments. CPA firms serving self-employed clients, S-corps, partnerships, and nonprofits need to understand the operational implications now — before the public comment window closes.
Nonprofit Audit Preparation: How CPAs Streamline Form 990 and Compliance Reviews
Nonprofit audit preparation is one of the most document-intensive engagements a CPA firm handles — combining Form 990 accuracy, Uniform Guidance compliance, and board governance reviews into a single high-stakes workflow. This guide walks through the full nonprofit audit lifecycle and shows how AI-native practice management platforms auto-flag compliance gaps before the auditor even opens the file.
CAF Number for CPAs: What It Is, How to Get One, and Why It Matters
Your CAF number is more than a one-time IRS registration — it is the foundation of every client authorization your firm will ever file. This guide explains what the centralized authorization file number is, how to obtain it through Form 2848 and IRS e-services, and how growing CPA firms use AI-native practice management to track dozens of active POAs at scale without dropping a single IRS notice.
Form 8879-TA: What CPAs Need to Know About the E-File Signature Authorization for Trump Account Elections
Form 8879-TA, released in December 2025, is the IRS e-file signature authorization for Form 4547, Trump Account Election(s) — not for trusts and estates (that's Form 8879-F). This guide covers when 8879-TA is required, who signs it, the Practitioner PIN rules, ERO responsibilities, and retention requirements.
IRS Installment Agreement CPAs: How to Negotiate Payment Plans for Clients
When clients owe back taxes they cannot pay in full, a properly negotiated IRS installment agreement is often the fastest path to resolution. This guide walks CPAs through eligibility thresholds, Form 9465, streamlined versus non-streamlined agreements, Direct Debit advantages, and how AI-powered practice management tools keep ongoing compliance from slipping through the cracks.
Returns Relating to Sales or Exchanges of Certain Partnership Interests: What CPAs Must Do Now
The IRS published final regulations on May 20, 2026 modifying information reporting obligations for sales or exchanges of certain partnership interests — specifically those holding inventory or unrealized receivables. CPA firms with partnership clients need to review engagement scope, update intake workflows, and flag affected returns before the next filing deadline.