United States

On August 28, 2026, the Internal Revenue Service (IRS) issued News Release IR-2026-102 encouraging taxpayers to utilize the expanding suite of IRS.gov online tools designed to streamline common tax tasks. This initiative aligns with the agency’s strategic modernization mandate under the Inflation Reduction Act (IRA) funding, which prioritizes digital transformation to reduce paper processing backlogs, […]

On August 27, 2026, the IRS maintains the Tax Tip Archive as a centralized, searchable repository of all IRS Tax Tips published since January 2011. This archive serves as a critical reference library for tax professionals, taxpayers, and researchers seeking historical guidance on filing requirements, credit eligibility, procedural updates, and compliance strategies across more than

On August 27, 2026, the Internal Revenue Service (IRS) released Tax Tip 2026-66 detailing the procedures and legal framework governing third-party authorizations for federal tax matters. This guidance clarifies how taxpayers can formally designate a representative—such as a certified public accountant, attorney, enrolled agent, or trusted family member—to interact with the IRS on their behalf.

In News Release IR-2026-101 dated August 26, 2026, the Internal Revenue Service reminded taxpayers who secured a filing extension for their 2025 federal income tax returns that the IRS Free File program remains available through the October 15, 2026 extended deadline. This public awareness effort targets the estimated 19 million extension filers who traditionally wait

As of 26 August 2026, the Internal Revenue Service released Tax Tip 2026-65 to remind taxpayers that they may need to access their tax records or transcripts for a variety of reasons, including filing a federal tax return, applying for a mortgage or loan, and verifying income for other financial purposes. The tip describes the

On August 25, 2026, the Internal Revenue Service released IR-2026-100 detailing Chief Executive Officer Frank J. Bisignano’s engagement with tax professionals at the IRS Nationwide Tax Forum held in New York City. This outreach represents a continuation of the IRS’s stakeholder engagement strategy mandated by the Taxpayer First Act and reinforced under the Inflation Reduction

News Release IR-2026-99, issued August 24, 2026, alerts information return filers of the mandatory retirement of the Filing Information Returns Electronically (FIRE) system and transition to the new Information Returns Intake System (IRIS) before the 2027 filing season. This modernization, authorized under the IRS’s IRA-funded Business Systems Modernization (BSM) portfolio, replaces the legacy FIRE platform—operational

The Internal Revenue Service announced in IR-2026-98 on August 21, 2026, that interest rates for the calendar quarter beginning October 1, 2026, will remain unchanged from the third quarter. Under Internal Revenue Code Section 6621, the IRS adjusts rates quarterly based on the federal short-term rate determined by the Secretary of the Treasury. For Q4

On August 20, 2026, the IRS unveiled a digitally authenticated Tax Compliance Report accessible through the IRS Individual Online Account, per News Release IR-2026-97. This innovation leverages cryptographic verification and the IRS’s Digital Identity framework to provide taxpayers and authorized third parties—such as mortgage lenders, financial aid offices, and immigration attorneys—with a tamper-proof, real-time summary

The Department of the Treasury and IRS released proposed regulations on August 20, 2026 (IR-2026-96) defining eligible investments for “Trump Accounts,” a new traditional IRA variant established under the Working Families Tax Cuts (WFTC) legislation. These accounts, created by WFTC Section 102, allow eligible individuals to contribute up to $5,000 annually (indexed) with tax-deferred growth