Taxes November 9, 2026
IRS Expands Tax Pro Account to Allow Business Client Payments
Tax professionals can now make certain payments on behalf of their business clients through Tax Pro Account, the IRS announced on Nov. 6.
IRS May 29, 2026
IRS Increases Health Savings Account Limits for 2027
The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.
IRS May 29, 2026
Judge Temporarily Halts DOJ ‘Anti-Weaponization Fund’
The Justice Department announced the creation of the fund as part of settling a $10 billion lawsuit President Donald Trump brought against his own government, alleging violations of federal law for releases of his tax return information in his first term.
Accounting May 29, 2026
AICPA Asks Treasury and IRS for Further Guidance on Proposed Trump Account Regulations
The AICPA urges final regulations to define the term "available," which is currently unclear when determining if lower-priority individuals can open an account.
IRS May 28, 2026
IRS: Taxpayers Are Now Able to View and Submit Trump Account Elections in Their Individual Account
New features in IRS Individual Accounts now allow taxpayers to view and submit Trump Account elections, making it easier for families to invest in this tax-advantaged savings vehicle created by the One Big Beautiful Bill Act, the tax agency said May 28.
Taxes May 27, 2026
IRS is Resurrecting the Significant Issue Ruling Program
A previous IRS program that lets taxpayers request private letter rulings on “significant issues” in certain corporate transactions, rather than requiring a ruling on the entire transaction, is being revived by the tax agency.
Taxes May 19, 2026
IRS Deal Reportedly Bars Agency from Auditing Trump
The agreement by the IRS is just one part of a major settlement resolving the case.
Taxes May 19, 2026
Form 8621 Non-Filing Risk: Why PFIC Compliance Deserves More Attention
Under the international information reporting rules, if a required Form 8621 is not filed, the IRS may be able to keep the statute of limitations open on the entire tax return indefinitely.
Taxes May 18, 2026
AICPA Recommends Nearly 200 Guidance Priorities for the IRS
The American Institute of CPAs provided the IRS with 193 recommendations for the tax agency's 2026-2027 Priority Guidance Plan.
Taxes May 18, 2026
Justice Department Rolls Out $1.8B Fund as Part of Trump Settlement with IRS
The Justice Department announced May 18 a new $1.8 billion “anti-weaponization fund” to compensate anyone for perceived targeting by past administrations as part of settling President Donald Trump’s $10 billion suit against the IRS.
Taxes May 18, 2026
IRS Lays Out Terms for Conservation Easement Dispute Settlements
The IRS last week announced the terms of a new settlement opportunity for eligible taxpayers involved in syndicated conservation easement or historic preservation easement disputes with the tax agency.
Taxes May 18, 2026
Trump’s IRS Lawsuit May End with a $1.7 Billion Compensation Fund
U.S. officials have discussed creating a $1.7 billion federal fund to pay victims of so-called government weaponization to resolve President Donald Trump’s lawsuit against the Internal Revenue Service.
Taxes May 15, 2026
IRS Extends Tax Deadline Again for Most Western Washington Residents
Tax Day may have passed weeks ago, but Washington residents living in areas affected by storms, flooding and landslides late last year are getting yet another extension.