On August 7, 2026, the Treasury and IRS issued Notice 2026-48 (IR-2026-89) announcing intent to propose regulations for the federal Saver’s Match program, effective January 1, 2027, as directed by Executive Order 14403. The Saver’s Match replaces the non-refundable Saver’s Credit (Section 25B) with a refundable government matching contribution deposited directly into eligible taxpayers’ retirement
As of 06 August 2026, the IRS released Tax Tip 2026-61 to remind taxpayers of their right to request an independent review of an IRS decision through the Office of Appeals. The tip explains that after receiving a notice of deficiency, a lien, a levy, or other adverse action, taxpayers may file a formal protest
The IRS released updated FAQs on August 6, 2026 (IR-2026-88) clarifying the qualified overtime deduction introduced by the Working Families Tax Cuts (WFTC) Section 111. This new above-the-line deduction allows eligible employees to deduct up to $5,000 annually ($10,000 MFJ) for qualified overtime compensationādefined as hours worked beyond 40 per week under FLSA or applicable
United States: IRS Updates FAQs on Qualified Overtime Deduction Under WFTC Read More Ā»
The Directorate General of Taxes (DGI) of Haiti has entered into a strategic partnership with the French Directorate General of Public Finance (DGFIP) to strengthen crossāborder tax administration and combat fiscal evasion. The collaboration, formalised through a Memorandum of Understanding, focuses on the exchange of taxpayer data, joint riskāassessment methodologies, and the development of shared
Haiti: DGI Partners with French DGFIP to Boost Cross-Border Tax Collaboration Read More Ā»
The Directorate General of Taxes (DGI) of Haiti has inaugurated a new operational hub in the commune of ALIādeāBelleāAnse, designed to consolidate administrative functions and enhance service delivery for taxpayers in the western region of Haiti. The facility, equipped with stateāofātheāart processing rooms, secure data centres, and a dedicated clientārelations centre, reflects the DGIās commitment
Haiti: DGI Opens New Facility for ALI de Belle-Anse to Strengthen Tax Ops Read More Ā»
Key Takeaways As of 2026/08/06, Bolivia celebrated the 201st anniversary of its independence alongside a 12.9% rise in tax collection for July 2026. The notable growth signals stronger compliance and an expanding fiscal base, reflecting effective policy execution. Business Implications: Higher revenue may translate into increased public investment, enhancing infrastructure and services that benefit private
Bolivia: Independence Milestone ā Tax Revenue Up 12.9% in July 2026 Read More Ā»
As of 2026/08/06, the Ministry of Economy and Finance announced the successful conclusion of the fourth edition of the Women Leaders Mentorship Programme, which trained 120 publicāsector officials. The initiative, carried out in partnership with CAF ā Development Bank of Latin America and the Office of the First Lady, aimed to reinforce leadership capacities among
Paraguay: Ministry of Economy Concludes Fourth Women Leaders Mentorship Edition Read More Ā»
The Directorate General of Taxes (DGI) has announced an extensive modernization program aimed at transforming its digital infrastructure and service delivery model. The initiative, which will be executed over the next two fiscal years, focuses on deploying advanced analytics, automation of routine tasks, and integration of a unified taxpayer portal. By incorporating machineālearning algorithms for
Haiti: DGI Implements Extensive Modernization to Accelerate Tax Efficiency Read More Ā»
As of 2026/08/06, the Ministry of Economy and Finance disclosed that it has transferred a total of PYG 232,029 million to settle obligations with suppliers and creditors of the State. The funds were mobilized from three primary financing channels: SourceāÆ10 āState Resourcesā, SourceāÆ20 āPublic Credit Resourcesā, and SourceāÆ30 āInstitutional Resourcesā. This disbursement represents a crucial
Paraguay: Economy Ministry Disburses Over PYG 232 Billion to State Suppliers Read More Ā»
The Directorate General of Taxes (DGI) has launched an intensive training programme for departmental fiscal directors aimed at strengthening local tax management capabilities across Haitiās regional offices. The curriculum, developed in collaboration with international tax experts, covers advanced topics such as riskābased audit methodologies, digital compliance tools, and recent amendments to the General Code of
Haiti: DGI Trains Directors to Enhance Fiscal Management Practices Read More Ā»
