- Treasury, IRS: Supplemental basic allowance for housing payments to members of the military are not taxable
IR-2026-09, Jan. 16, 2026 – The Department of the Treasury and the Internal Revenue Service today confirmed that supplemental basic allowance for housing payments made to members of the uniformed services in Dec. 2025 are not to be included in income by those who received the payments; they are not taxable.
- Treasury, IRS provide new safe harbor explanations for retirement plan administrators
IR-2026-08, Jan. 15, 2026 – The Department of the Treasury and the Internal Revenue Service today issued guidance for certain retirement plan administrators, updating safe harbor explanations to reflect tax law changes made after Aug. 6, 2020. - IRS Advisory Council issues Annual Report
IR-2026-07, Jan. 14, 2026 – The Internal Revenue Service Advisory Council today issued its annual public report, offering recommendations to the IRS on a range of new and continuing issues in tax administration. - Treasury, IRS issue guidance on the additional first year depreciation deduction amended as part of the One, Big, Beautiful Bill
IR-2026-06, Jan. 14, 2026 – The Department of the Treasury and the Internal Revenue Service today issued Notice 2026-11 that provides taxpayers with guidance on the permanent 100% additional first year depreciation deduction for eligible depreciable property acquired after Jan. 19, 2025, provided by the One, Big, Beautiful Bill. - Use IRS Free File to conveniently file your return at no cost
IR-2026-05, Jan. 9, 2026 – IRS Free File will begin accepting individual tax returns today, giving eligible taxpayers an early opportunity to prepare and file their federal income tax returns ahead of the official start of the 2026 filing season later this month. - IRS.gov resources can help answer questions about the One, Big, Beautiful Bill
IR-2026-04, Jan. 9, 2026 – Taxpayers may be able to take advantage of new deductions that could reduce taxable income and increase refunds due to the One, Big, Beautiful Bill, passed by Congress in July 2025. - Treasury, IRS issue proposed regulations reflecting changes from the One, Big, Beautiful Bill to the threshold for backup withholding on certain payments made through third parties
IR-2026-03, Jan. 8, 2026 – The Department of the Treasury and the Internal Revenue Service today issued proposed regulations that would revise the threshold for when certain third-party settlement organizations are required to perform backup withholding to comply with changes made in the One, Big, Beautiful Bill. - IRS announces first day of 2026 filing season; online tools and resources help with tax filing
IR-2026-02, Jan. 8, 2026 – The Internal Revenue Service announced Monday, January 26, 2026, as the opening of the nation's 2026 filing season. This year, several new tax law provisions of the One, Big, Beautiful Bill become effective, which could impact federal taxes, credits and deductions. - Prepare to file in 2026: Get Ready for tax season with key updates, essential tips
IR-2026-01, Jan. 6, 2026 – With the 2026 filing season quickly approaching, the Internal Revenue Service is urging taxpayers to take a few simple steps now to prepare for filing their 2025 federal income tax returns.
- Treasury, IRS provide guidance on the new deduction for car loan interest under the One, Big, Beautiful Bill
IR-2025-129, Dec. 31, 2025 – The Department of the Treasury and the Internal Revenue Service today provided guidance on the "No Tax on Car Loan Interest" provision enacted under the One, Big, Beautiful Bill. - IRS sets 2026 business standard mileage rate at 72.5 cents per mile, up 2.5 cents
IR-2025-128, Dec. 29, 2025 – The Internal Revenue Service today announced that the optional standard mileage rate for business use of automobiles will increase by 2.5 cents in 2026. - IRS updates frequently asked questions on the Premium Tax Credit
IR-2025-127, Dec. 23, 2025 – The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2025-10 related to changes to the Premium Tax Credit made under the One Big, Beautiful Bill and to related provisions that no longer apply.
- IRS updates frequently asked questions on changes to the Limitation on the Deduction for Business Interest Expense
IR-2025-126, Dec. 23, 2025 – The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2025-09 regarding changes to the limitation on the deduction for business interest expense (Section 163(j)) under the One, Big, Beautiful Bill.
- Treasury, IRS announce forthcoming guidance on a new method for recovering federal excise tax paid on dyed fuel established under the One, Big, Beautiful Bill
IR-2025-125, Dec 22, 2025 - The Department of the Treasury and the Internal Revenue Service today announced forthcoming guidance on a new method for recovering federal excise tax paid on dyed fuel established under the One, Big, Beautiful Bill.
- IRS seeks public comment on Voluntary Disclosure Practice proposal
IR-2025-124, Dec. 22, 2025 – The Internal Revenue Service today opened a 90-day public comment period, ending March 22, 2026, for proposed updates to its Voluntary Disclosure Practice, including a more streamlined penalty framework. - Treasury, IRS provide safe harbor for taxpayers claiming the carbon capture credit
IR-2025-122, Dec. 19, 2025 – The Department of the Treasury and the Internal Revenue Service today provided guidance for taxpayers claiming the tax credit for carbon capture and sequestration, which was expanded and modified in the One, Big, Beautiful Bill. Notice 2026-01 provides a safe harbor for taxpayers that wish to claim the credit for qualified carbon oxide captured and disposed of in secure geological storage occurring during calendar year 2025.
- Whistleblower Office announces new digital Form 211
IR-2025-123, Dec. 19, 2025 – The Internal Revenue Service Whistleblower Office today announced that it is making it easier for whistleblowers to report tax noncompliance to the IRS with the launch of the new digital Form 211, Application for Award for Original Information.
Call Now Button
