New IRS Publications and Forms Released for Tax Year 2026
New IRS Publications and Forms Released Quick summary: The IRS has updated its publications and forms for tax year 2026. What changed: * New tax legislation...
IRS Issues Relief for Exempt Organization Executive Compensation Excise Tax
IRS Issues Relief for Exempt Organization Executive Compensation Excise Tax Quick summary: The IRS has announced plans to issue proposed regulations...
Changes to IRS Tax Forms and Instructions for 2026
Changes to IRS Tax Forms and Instructions for 2026 Quick summary: The IRS has updated its tax forms, instructions, and publications for the 2026 tax year....
New Resource: Tax Court Reports: Pamphlets
New Resource: Tax Court Reports: Pamphlets Quick summary: The United States Tax Court has made its published reports available as monthly or bimonthly...
IRS Raises 1099 Reporting Threshold to $2,000 in 2026
Increased Threshold for 1099-MISC and 1099-NEC Reporting Quick summary: The IRS has raised the threshold for reporting payments on Form 1099-MISC and...
IRS Raises Threshold for Reporting Certain Payee Income
Increased Threshold for Requiring Information Reporting Quick summary: What changed: The IRS raised the threshold for requiring information reporting on...
Businesses Only Need to Issue Form 1099-NEC for Payments Over $2,000 Starting January 1, 2026
New Tax Rule for 2026 Payments Quick summary: Starting January 1, 2026, businesses only need to issue a Form 1099-NEC for payments over $2,000. What changed:...
IRS Prepares Guidance for Education Freedom Tax Credit
IRS Prepares Guidance for Education Freedom Tax Credit Quick summary: The IRS is preparing guidance for the Education Freedom Tax Credit, a new tax credit...
IRS Signals Shift in Excess Compensation Excise Tax Rules for ATEOs
IRS Signals Shift in Excess Compensation Excise Tax Rules for ATEOs Quick summary: The IRS and Treasury have signaled a significant shift in the regulatory...
IRS Proposes Updates to Arbitrage Rules for Tax-Advantaged Bonds
IRS Proposes Updates to Arbitrage Rules for Tax-Advantaged Bonds Quick summary: The IRS has proposed new regulations that would update arbitrage rules and...
Gig Workers Get Break: IRS Guidance on Business Deductions
Gig Workers Get Break: IRS Guidance on Business Deductions Quick summary: The IRS has updated guidance on business deductions for gig workers. What changed:...
New IRS Guidance on Foreign Government Income Tax Exemptions
New IRS Guidance on Foreign Government Income Tax Exemptions Quick summary: The IRS has issued new guidance on the exemptions from income tax under Section...
Tens of Millions of Taxpayers May Get Significant Tax Refunds
Tens of Millions of Taxpayers May Get Significant Tax Refunds Quick summary: The IRS announced a potential refund opportunity for many taxpayers. What...
Tens of Millions of Taxpayers May Get Significant Tax Refunds
Tens of Millions of Taxpayers May Get Significant Tax Refunds Quick summary: The IRS and Treasury announced that tens of millions of taxpayers may be...
IRS Clarifies Applicability Dates of Proposed Tax Regulations
IRS Clarifies Applicability Dates of Proposed Tax Regulations Quick summary: The IRS has issued guidance addressing the applicability dates of recent...
New IRS Guidance: What You Need to Know
New IRS Guidance: What You Need to Know Quick summary The IRS has recently published several updates to its guidance archives. These changes affect various...
New IRS Guidance on Corporate Bond Monthly Yield Curve: What You Need to Know
New IRS Guidance on Corporate Bond Monthly Yield Curve Quick summary: The IRS has issued new guidance on the corporate bond monthly yield curve, affecting...
New IRS Rules: What You Need to Know About Reporting Business Payments
New IRS Rules: What You Need to Know About Reporting Business Payments Quick summary: The IRS has released final regulations on section 6050K, affecting...
IRS Proposes Changes to Information Reporting Regulations
IRS Proposes Changes to Information Reporting Regulations Quick summary: The IRS is updating its rules for information reporting, including new dollar...
IRS Lowers Payment Threshold to $2,000 for Small Businesses
IRS Lowers Payment Threshold to $2,000 for Small Businesses Quick summary: The IRS has updated its rules for small businesses to report certain payments made...