IRS Updates
Stay on top of the most recent information from the IRS that can impact your clients.
IRS Rolls Out Automatic First-Time Penalty Relief
By Michael S. FischerTaxpayers qualify if they have filed and paid on time for the past three years.
February 26, 2026
IRS Launches Web Page to Report FraudThe agency says it plans to streamline fraud reporting in the future.
February 24, 2026
IRS Issues Another RMD Rule Deadline DelayThe agency has given retirement plans more time to comply with not-yet-finalized rules under Secure 2.0.
January 29, 2026
How to Help Clients Duck the 'SALT Torpedo'More affluent households can be unknowingly exposed to what planners call the state and local tax deduction trap.
January 29, 2026
No Tax on Overtime: What to Know in Filing SeasonThe IRS has released an FAQ on the deduction for qualified overtime compensation.
January 28, 2026
Shutdown Threatens to Hit IRS as Trump Touts Massive Tax RefundsIts annual funding runs out after midnight Friday, when employees would be furloughed or required to work without pay.
December 18, 2025
FAQ: Does Your Client Know These 2025 Tax Deadlines?April 15 is the cutoff for individual returns, but a number of other deadlines come sooner.
December 04, 2025
9 Tax Breaks for Clients Claiming the Standard DeductionThere are various ways for middle-class taxpayers to keep more of their hard-earned money.