Taxes August 11, 2026
AICPA Seeks Clarity and Guidance for Three CAMT Notices
The recommendations focus on purchase accounting and push-down accounting, domestic research and R&E expenditures.
Taxes August 11, 2026
IRS Issues Proposed Regs on Employer Contributions to Trump Accounts
The proposed regulations outline requirements for employers that wish to maintain a Trump Account contribution program.
Taxes August 10, 2026
IRS to Issue Rules on Saver’s Match Retirement Program
The program, enacted as part of the SECURE 2.0 Act, replaces the Saver’s Credit. Eligible taxpayers will begin receiving payments in 2028 based on contributions made during the 2027 tax year.
IRS August 10, 2026
Todd Blanche Confirmed by Senate as Attorney General
The 50-49 vote to confirm Blanche fell mostly along party lines, with two Republicans breaking ranks to oppose him.
Taxes August 7, 2026
Grammy Winner Toni Braxton Pays Off $600K in Federal Back Taxes
A rep for the “Braxton Family Values” star, 59, told TMZ that Braxton has settled the $598,624 debt she owed to the IRS.
Taxes August 7, 2026
IRS Updates FAQs on OBBBA Overtime Tax Deduction
The IRS updated frequently asked questions about the new deduction for qualified overtime compensation, one of the many One Big Beautiful Bill Act tax provisions touted by the Trump administration.
IRS August 6, 2026
Higher Ed Prepares for New IRS E-Filing System
Colleges and universities will soon have to replace the decades-old IRS filing system they use to submit information returns.
Taxes August 6, 2026
IRS Adds New Features to Business Tax Accounts
The new and expanded features provide businesses and organizations more ways to view digital notices, make payments, and access and manage federal tax account information online, the agency said on Aug. 6.
Taxes August 6, 2026
Former Mayor of Indiana City Seeks Dismissal of Near Decade-Long Tax Case
James Snyder, the former mayor of Portage, IN, wants a federal appeals court to dismiss his case stemming from his November 2016 indictment, which included a charge of obstructing the IRS.
Taxes August 5, 2026
Protecting Non-Resident Clients From the $25,000 IRS Form 5472 Trap
Proactively navigating these rules protects your clients from staggering penalties while establishing your firm as an essential cross-border advisor.
Taxes August 4, 2026
IRS Warns of 5 Types of Tax Data Phishing Scams
Common Threats: Scammers use phishing, targeted spear phishing, cloned emails, high-level whaling, and fake new-client emails to deliver malware and steal credentials.
Taxes August 4, 2026
Form 990: Classifying a School That Hasn’t Opened Yet: Obtaining IRS Approval and What Happens If the IRS Disagrees
An organization with concrete plans can obtain a favorable determination while it is still pre-operational.