United States

The Internal Revenue Service (IRS) announced on August 6, 2026 that the Business Tax Account (BTA) will roll out additional features designed to improve security and convenience for eligible businesses. The updates include enhanced digital notice delivery, streamlined payment processing, and broader online account management capabilities, building on the BTA’s existing infrastructure that supports secure […]

On August 5, 2026, the Department of the Treasury and the Internal Revenue Service (IRS) issued Notice 2026-28 providing guidance on the permanent expansion of the paid family and medical leave credit under the Working Families Tax Cuts (WFTC). The notice explains that eligible employers may claim a credit equal to a percentage of wages

On August 4, 2026, the Internal Revenue Service and its Security Summit partners issued a joint warning to tax professionals about a surge in phishing emails and other cyber attacks targeting the tax community. The advisory highlights that malicious messages often impersonate IRS officials or tax software providers, contain malicious attachments or links, and attempt

On July 28, 2026, the Internal Revenue Service commemorated National Whistleblower Day by highlighting the significant impact of its whistleblower program, which has recovered more than $8 billion in taxes, penalties, and interest since 2007. The IRS emphasized that whistleblowers who provide original information leading to the collection of tax liabilities may be eligible for

IR-2026-82, July 8, 2026 — The Department of the Treasury and the Internal Revenue Service today issued final regulations identifying certain arrangements purporting to be Charitable Remainder Annuity Trusts as listed transactions. https://www.irs.gov/newsroom/treasury-irs-issue-final-regulations-naming-certain-charitable-remainder-annuity-trust-transactions-as-listed-transactions

IR-2026-83, July 8, 2026 — The Internal Revenue Service today announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance. https://www.irs.gov/newsroom/irs-simplifies-penalty-relief-introduces-automatic-process-for-eligible-taxpayers

IR-2026-81, July 7, 2026 — The IRS and Security Summit partners today launched the summer “Protect Your Clients; Protect Yourself” campaign, a five-week series highlighting practical steps tax professionals can take to protect client data, their businesses, and themselves from evolving tax-related identity theft threats. https://www.irs.gov/newsroom/irs-security-summit-launch-summer-series-to-help-tax-pros-protect-clients-from-identity-theft

The Treasury Department, in collaboration with the Internal Revenue Service, has released Revenue Procedure 2026-25, which establishes a gift‑tax safe‑harbor rule for contributions directed to accounts created under the Working Families Tax Cuts legislation. The guidance clarifies that qualifying contributions made to these specially designated accounts will not be subject to gift‑tax reporting requirements, provided