IRS June 4, 2026
Bessent Stays Mum on ‘Anti-Weaponization’ Fund at Hearing
Democrats pressing Treasury Secretary Scott Bessent for information on Trump-IRS settlement get limited details during June 3 hearing.
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.
Payroll May 28, 2026
Trump Accounts App Launches: What to Do Now to Get $1,000 for Your Child
The U.S. Treasury Department has launched the Trump Accounts app, the next step in the pilot program that will give $1,000 to some American children.
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 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.
Small Business April 28, 2026
Federal Government Intervenes to Block Illinois’ Landmark Credit Card Swipe Fee Law
The order is the latest development in a nearly two-year fight between banks and retailers over the Illinois law, a battle that has played out in courts, in Springfield, on television airwaves and now in Washington.
Taxes April 28, 2026
Form 990 Revisions Aimed at Cracking Down on Fraud by Tax-Exempt Groups, Treasury and IRS Say
The Treasury Department said on April 23 that the IRS is planning revisions to Form 990 intended to discover misconduct at tax-exempt organizations and hold fraudsters accountable.
Taxes April 27, 2026
Trump’s $10 Billion IRS Suit Hits Snag with Skeptical Judge
A judge questioned whether President Donald Trump’s $10 billion lawsuit against the Internal Revenue Service and the U.S. Treasury can proceed with Trump effectively in control of both sides of the litigation.
Small Business April 16, 2026
Feds Move to Block Controversial Illinois Credit Card Swipe Fee Ban
Passed in 2024 and set to take effect this July, the state law bans certain so-called swipe fees, also known as interchange fees, on the tax and tip portions of customers’ bills.
Taxes April 9, 2026
IRS Provides States with Guidance for Nominating Census Tracts as Opportunity Zones
The Treasury Department and the IRS issued guidance on April 6 that provides states, the District of Columbia, and territories with procedures to nominate population census tracts to be designated as qualified opportunity zones under the One Big Beautiful Bill Act.
IRS April 3, 2026
IRS Says 4 Million Children Have Been Enrolled for Trump Accounts
More than 4 million children have signed up for the savings plans known as “Trump Accounts,” with a quarter of them eligible for seed money from the federal government, the IRS said this week.
Taxes April 2, 2026
Treasury Department, IRS Extend Filing Deadline by 30 Days for DHS Workers
Employees of the Department of Homeland Security will have until May 15 to file their federal income taxes with the IRS due to the ongoing DHS shutdown, the Treasury Department announced on April 1.