IRS Updates
Stay on top of the most recent information from the IRS that can impact your clients.
IRS Limits a Tax-Dodging ETF Strategy, Floats Broader Crackdown
By Melanie WaddellThe agency laid out curbs on Section 351 exchanges and is seeking comments on other moves it calls potentially abusive.
July 16, 2026
Debate: Did the IRS Make the Right Call on Automatic Penalty Relief?Taxpayers qualify if they have a history of filing and paying on time for the prior three years.
July 09, 2026
IRS Rolls Out Automatic First-Time Penalty ReliefTaxpayers qualify if they have filed and paid on time for the past three years.
June 01, 2026
IRS Announces HSA Contribution Limit for 2027There's a gap between the contribution limit and the actual medical cost inflation rate.
March 16, 2026
Treasury Secretary Bessent Exits Acting IRS Commissioner RoleThe IRS CEO position is "a fake job," senators told Bessent, stating an IRS Commissioner nomination has yet to be sent.
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.