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.
IRS March 23, 2026
IRS Seeks Suggestions for 2026-2027 Priority Guidance Plan
The Treasury Department and the IRS are asking stakeholders to submit recommendations by May 29 on items that should be included in the agency’s 2026-2027 Priority Guidance Plan.
IRS March 11, 2026
IRS Proposes Regs on How to Open a Trump Account Under the OBBBA
The IRS says these proposed regulations provide useful information for parents and guardians who may want to elect to open an initial Trump Account and for prospective trustees of Trump Accounts.
IRS March 11, 2026
IRS, Treasury Issue Proposed Rules for Trump Accounts Contribution Pilot Program
The proposed regulations issued on March 6 provide rules on how the Treasury Department will make one-time $1,000 pilot program contributions to the Trump Accounts of eligible children.