Latest News Releases

IRS releases tax inflation adjustments for tax year 2026, including amendments from the One, Big, Beautiful Bill

IR-2025-103, Oct. 9, 2025 — The Internal Revenue Service today announced the tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2025-32 provides details about these annual adjustments.

Treasury, IRS provide penalty relief for remittance transfer providers who fail to deposit excise tax under the One, Big, Beautiful Bill

IR-2025-102, Oct. 7, 2025 — The Department of the Treasury and the Internal Revenue Service today issued guidance providing deposit penalty relief for the first three quarters of 2026 to remittance transfer providers. Notice 2025-55 provides relief in connection with the new excise tax imposed on certain remittance transfers under the One, Big, Beautiful Bill.

IRS announces leadership change, Jarod Koopman to lead agency’s enforcement efforts

IR-2025-101, Oct. 6, 2025 — The Internal Revenue Service today named Jarod Koopman as its Acting Chief Tax Compliance Officer, overseeing IRS employees in its enforcement divisions.

 

Volunteers needed to provide no-cost tax services for the upcoming filing season

IR-2025-98, Oct. 1, 2025 — The IRS and its community partners are seeking volunteers to support the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs.

IRS extends the period for feedback on Form 6765

IR-2025-99, Oct. 1, 2025 — The Internal Revenue Service announced today that it is continuing to seek feedback regarding the draft Instructions for Form 6765 and is extending the dates for certain reporting requirements related to the Credit for Increasing Research Activities, also known as the research credit.

IRS Independent Office of Appeals starts Post Appeals Mediation pilot program

IR-2025-100, Oct. 1, 2025 — The IRS Independent Office of Appeals is launching a two-year pilot program to make Post Appeals Mediation more attractive to taxpayers.

Treasury, IRS provide guidance for Opportunity Zone investments in rural areas under the One, Big, Beautiful Bill

IR-2025-96, Sept. 30, 2025 — The Department of the Treasury and the Internal Revenue Service today issued guidance on Qualified Opportunity Zone investments in rural areas as provided for under the One, Big, Beautiful Bill.

IRS announces new relief for eligible taxpayers affected by ongoing events in Israel: due dates for eligible returns and payments may be postponed to Sept. 30, 2026; additional relief may be available

IR-2025-97, Sept. 30, 2025 — The Internal Revenue Service announced today that due to theongoing conflict in Israel, the agency is providing additional tax relief to affected individuals and businesses, postponing until Sept. 30, 2026, a wide range of deadlines for filing federal returns, making tax payments and performing other time-sensitive tax-related actions.

Treasury, IRS issue regulations to reduce the amount of the user fee for tax professionals who apply for or renew a PTIN

IR-2025-95, Sept. 29, 2025 — The Department of the Treasury and the Internal Revenue Service today issued interim final regulations and a notice of proposed rulemaking to reduce the amount of the user fee imposed on tax professionals who apply for or renew a preparer tax identification number (PTIN).

IRS to phase out paper tax refund checks starting with individual taxpayers

IR-2025-94, Sept. 23, 2025 — The Internal Revenue Service, working with the U.S. Department of the Treasury, today announced that paper tax refund checks for individual taxpayers will be phased out beginning on Sept. 30, 2025, as required by Executive Order 14247, to the extent permitted by law.

IRS extends relief to farmers and ranchers affected by drought in 49 states, other regions

IR-2025-93, Sept. 22, 2025 — The Internal Revenue Service today issued guidance that provides tax relief for farmers and ranchers in applicable states and regions who sold or exchanged livestock because of drought conditions.

Treasury, IRS issue guidance listing occupations where workers customarily and regularly receive tips under the One, Big, Beautiful Bill

IR-2025-92, Sept. 19, 2025 — The Department of the Treasury and the Internal Revenue Service today provided guidance on “no tax on tips” provision. The One, Big, Beautiful Bill proposed regulations identify occupations customarily and regularly receive tips and define “qualified tips” eligible taxpayers may claim as a deduction.