The IRS Desk · Updated Regularly
Welcome to the IRS Newsroom.
Every IRS update, enforcement action, program rollout, and policy change that matters to tax professionals. Straight from the source, translated for the people doing the work.
Security Summit Week Four: MFA, IP PINs, and Online Accounts, Plus the FTC Safeguards Rule "Qualified Individual" Exception Most Firms Have Not Heard Of
The IRS and Security Summit released week four of the 2026 summer series on September 4, 2026, focused on multi factor authentication,...
National Payroll Week Starts September 7: The IRS Wants Every Worker on a W-4 Refresh and Every Employer on a Payroll Systems Check
The IRS marked the start of National Payroll Week (September 7 through 11, 2026) with a call for workers to run a...
Treasury Proposes New 501(c)(3) Nondiscrimination Standard for Private Schools: Compliance Deadline Is May 31, 2027
Treasury and the IRS issued proposed regulations on September 3, 2026, updating the racial nondiscrimination standard for private schools claiming Section 501(c)(3)...
The Saver's Credit Is Being Replaced: Treasury Drops Notice 2026-48 on the New Saver's Match, and It Pays Money Into Your Client's Retirement Account (Not Their Refund)
Treasury and the IRS issued Notice 2026-48 on August 7, 2026, kicking off the Saver's Match program that begins with 2027 tax...
The Real Fine Print on No Tax on Overtime: IRS Drops FS-2026-13 With W-2 Box 12 Code TT, the 20% Owner Rule, and the Answer to "What About Double Time?"
The IRS updated its FAQs on the qualified overtime deduction on August 6, 2026, releasing Fact Sheet FS-2026-13. The update pins down...
Section 45S Is Now Permanent, and It Just Got Bigger: Treasury Drops Notice 2026-28 on the PFML Employer Credit
Treasury and the IRS issued Notice 2026-28 on August 5, 2026, providing guidance on the permanently expanded Section 45S employer credit for...
Security Summit Week Two: Phishing Gets a Vocabulary Lesson and MFA Is Officially Not Optional
The IRS and Security Summit partners released week two of the 2026 summer series on August 4, 2026, breaking down the phishing...
$8 Billion Recovered, $1.4 Billion in Awards Paid: The IRS Whistleblower Program Hits National Whistleblower Day With Real Numbers
The IRS marked National Whistleblower Day on July 28, 2026, releasing program totals for the first time in a single headline: $8...
First Time Abate Is Being Retired: IRS Rolls Out Automatic Exemption from Penalty for Compliant Filers
The IRS announced on July 8, 2026, that it will replace First Time Abate with a new Automatic Exemption from Penalty (AEP)...
CRAT + SPIA Shelter Is Officially Dead: Final Regs Name It a Listed Transaction, Disclosure and Penalties Attach
Treasury and the IRS issued final regulations on July 8, 2026, formally identifying certain Charitable Remainder Annuity Trust transactions as listed transactions....
Security Summit Fires the Starting Gun on Its 2026 Summer Series: Week One Puts New Scams Aimed at Your Firm on Notice
The IRS and Security Summit partners launched the 2026 "Protect Your Clients; Protect Yourself" summer campaign on July 7, 2026. Week one...
Grandparents, Aunts, and Family Friends Can Fund Trump Accounts Without a Form 709 (Within Limits): IRS Issues Rev. Proc. 2026-25 Safe Harbor
Treasury and the IRS issued Revenue Procedure 2026-25 on June 29, 2026, creating a gift tax reporting safe harbor for individual donors...
