Taxes February 20, 2026
Millions of Eligible Filers Didn’t Use IRS Free File
Only 2% of federal income tax returns were filed through Free File, despite 70% of filers qualifying, according to a NerdWallet analysis.
Taxes February 18, 2026
Here’s the Average Tax Refund So Far for Filing Season 2026, According to IRS Data
Early filers in the 2026 tax season are receiving larger tax refunds on average compared with last year, according to the latest weekly statistics released by the Internal Revenue Service.
Taxes February 13, 2026
IRS Issues Guidance on Prohibited Foreign Entity Restrictions for Energy Tax Credits
The One Big Beautiful Bill Act introduced comprehensive foreign entity of concern rules forbidding prohibited foreign entities from claiming clean energy tax credits.
Taxes February 12, 2026
Wyden Assails Trump Over $10 Billion Lawsuit Against IRS
Oregon Democratic Sen. Ron Wyden introduced a bill Feb. 10 to block the president from receiving any payout, by levying a 100% tax on it. The legislation is unlikely to move given Republicans’ majority in the Senate.
IRS February 12, 2026
Don’t Get Swept Off Your Feet by Romance Fraud, IRS Warns
As Valentine's Day nears, the IRS Criminal Investigation unit is getting the word out about a surge in romance scams and offering tips to avoid becoming a victim.
Taxes February 11, 2026
AICPA to IRS: Simplify ‘Determine and Document’ Requirement in Section 951
The AICPA recommends the IRS modify and simplify the “determine and document” requirement in Notice 2025-75 by either eliminating or significantly paring back the documentation requirement or alternatively adopting a per se rule or safe harbor.
IRS February 9, 2026
IRS Rolls Out New Enhancements to the Tax Pro Account
The IRS has expanded Tax Pro Account, unveiling business-level digital capabilities for tax practitioners who work in tax preparation companies, accounting firms, or other organizations, the agency announced on Feb. 9.
Taxes February 9, 2026
Opinion: This Tax-Refund Bonanza Won’t Do What Bessent Says It Will
Treasury Secretary Scott Bessent has been talking up Americans getting bigger-than-usual tax refunds this year for months, saying that it will help spark “a non-inflationary boom.” That's unlikely.
Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
Taxes February 6, 2026
IRS Says Tax Relief Available for Those Affected by Severe Storms in Montana
The IRS this week announced tax relief for individuals and businesses in Montana affected by severe wind storms and flooding that occurred the second and third weeks of December 2025.
Taxes February 5, 2026
Bessent Says Taxpayers Will Foot the Bill if Trump Wins $10 Billion IRS Lawsuit
The revelation came Thursday during a Senate Banking Committee hearing where Treasury Secretary and Acting Commissioner of the Internal Revenue Service Scott Bessent testified.
Taxes February 5, 2026
Trump Says He Will Donate Any Proceeds From $10B IRS Lawsuit
“What I would do? Tell them to pay me, but I’ll give 100% of the money to charity,” President Donald Trump said in an interview with NBC News, floating the American Cancer Society as a potential beneficiary.