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Current Federal Tax Developments · Jan 8, 2026

2026 Filing Season Protocol: Implementation of New Schedule 1-A, Digital Asset Reporting, and Procedural Updates

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 2026 Filing Season Protocol: Implementation of New Schedule 1-A, Digital Asse.... Review and take action if applicable to your clients.

Summary

The Internal Revenue Service has issued News Release IR-2026-02, formally announcing the commencement of the 2026 filing season. For tax practitioners, this season presents significant compliance changes resulting from the "One, Big, Beautiful Bill." Key developments include the introduction of S...

Classification

Category: heads upPriority: action neededReason: Contains 'ir-20' - action may be required

Applies To

payroll

Affected Groups

Payroll/employment tax specialists

Related Topics

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

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