Taxes May 11, 2026
IRS Plans Settlement Offers in Conservation Easement Disputes
The IRS said last week that it will soon release the terms of a limited-time settlement opportunity for eligible taxpayers involved in conservation easement disputes.
Taxes May 11, 2026
New Court Case Paves Way for Additional Disaster Refund Claims
The main issue contested in the new case was whether section 7508A relief should be applied broadly to taxpayer responsibilities or be limited by IRS pronouncements.
IRS May 11, 2026
IRS Seeks IRSAC Members for 2027
Interested in serving on the Internal Revenue Service Advisory Council next year? If so, you have until June 5 to submit your IRSAC application to the IRS.
Taxes May 11, 2026
IRS: Applications for TCE and VITA Program Grants Now Accepted
The IRS is accepting applications for Tax Counseling for the Elderly and Volunteer Income Tax Assistance grants through the end of the month.
Taxes May 11, 2026
IRS Issues Guidance on Dyed Fuel Refund Claims
The Treasury Department and the IRS released temporary regulations and a notice of proposed rulemaking on April 30 highlighting new requirements for recovering federal excise tax paid on dyed fuel under the One Big Beautiful Bill Act.
Taxes May 11, 2026
IRS Issues Proposed Regs on New 1% Excise Tax on Remittance Transfers
There's one month left to provide comments to the Treasury Department and the IRS on proposed regulations recently issued for the new 1% excise tax imposed on certain remittance transfers under the One Big Beautiful Bill Act.
Technology May 11, 2026
2026 Readers’ Choice Awards Spotlight the Best Accounting, Tax & Small Business Tech
The Readers' Choice Awards give readers the chance to spotlight the technologies they most respect and trust to provide client services, manage their firms, and help their clients run their businesses.
Taxes May 8, 2026
You Might Be Owed a COVID Refund From the IRS, But the Clock is Ticking Fast
Millions of Americans may be eligible for a COVID-19 refund from the IRS, but you have to act fast, said the National Taxpayer Advocate.
Taxes May 5, 2026
The R&D Tax Credit Window Is Closing: What CPAs Must Do Before July 6—and What Comes Next
Between now and July 6, firms have a narrow window to help eligible businesses revisit their R&D tax credit claims for prior years.
Taxes May 4, 2026
Is That IRS Tax Refund Notice Asking for Your Bank Account Real or Fake?
In his 22 years of doing taxes, Miami-area accountant Marcell Hetenyi said he never saw a letter like the one sent to some of his clients by snail mail.
Taxes May 4, 2026
Ohio Doctor Famous for Saying COVID-19 Vaccine Caused People to Become Magnetized Owes $698,000 in Back Taxes
Sherri Tenpenny must pay back taxes for 2001, 2012 and 2013, along with penalties and interest, U.S. District Judge J. Philip Calabrese ruled last month.
IRS May 4, 2026
Feds Say Ex-IRS Agent Embezzled Over $12 Million
Robert M. McCloughy, 43, of Carlstadt, NJ, was charged with wire fraud and two counts of engaging in monetary transactions involving criminally derived property, the U.S. Attorney's Office District of New Jersey announced on May 1.