CPA Practice Advisor·Jul 10, 2026🔴 Action Required
IRS Introduces Automatic Exemption from Penalty Process, Phases Out First Time Abate
💡 IRS Introduces Automatic Exemption from Penalty Process, Phases Out First Tim.... General industry update.
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Current Federal Tax Developments·Jul 9, 2026🔴 Action Required
The National Taxpayer Advocate’s Perspective: Analyzing the Implementation of Automatic Exemption from Penalty
💡 The National Taxpayer Advocate’s Perspective: Analyzing the Implementation of.... Action required by july.
Journal of Accountancy·Recently🔴 Action Required
Eligible taxpayers to get automatic IRS penalty relief
💡 Eligible taxpayers to get automatic IRS penalty relief. General industry update.
Accounting Today·Recently🔴 Action Required
IRS streamlines penalty relief, replacing First Time Abate
💡 IRS streamlines penalty relief, replacing First Time Abate. General industry update.
IRS Newswire·Recently🔴 Action Required
IRS simplifies penalty relief, introduces automatic process for eligible taxpayers
💡 IRS simplifies penalty relief, introduces automatic process for eligible taxp.... General industry update.
Current Federal Tax Developments·Jun 29, 2026🟠 Heads Up
The Section 530A Transfer Tax Safe Harbor: Analyzing Revenue Procedure 2026-25
💡 The Section 530A Transfer Tax Safe Harbor: Analyzing Revenue Procedure 2026-25. Review and take action if applicable to your clients.
CPA Practice Advisor·Jun 11, 2026🟠 Heads Up
IRS Intends to Issue Proposed Regulations for Executive Compensation at Tax-Exempt Groups
💡 IRS Intends to Issue Proposed Regulations for Executive Compensation at Tax-E.... Review and take action if applicable to your clients.
Current Federal Tax Developments·May 29, 2026🟠 Heads Up
2027 Inflation Adjustments for HSAs, HRAs, and the New DPCSA Limits
💡 2027 Inflation Adjustments for HSAs, HRAs, and the New DPCSA Limits. Review and take action if applicable to your clients.
CPA Practice Advisor·May 28, 2026🟠 Heads Up
IRS: Taxpayers Are Now Able to View and Submit Trump Account Elections in Their Individual Account
💡 IRS: Taxpayers Are Now Able to View and Submit Trump Account Elections in The.... Review and take action if applicable to your clients.
CPA Practice Advisor·May 15, 2026🟠 Heads Up
IRS Extends Tax Deadline Again for Most Western Washington Residents
💡 IRS Extends Tax Deadline Again for Most Western Washington Residents. Review and take action if applicable to your clients.
Current Federal Tax Developments·May 13, 2026🟠 Heads Up
Analysis of the IRS Time-Limited Settlement Initiative for Conservation Easement Disputes
💡 Analysis of the IRS Time-Limited Settlement Initiative for Conservation Easem.... Review and take action if applicable to your clients.
CPA Practice Advisor·May 11, 2026🟠 Heads Up
AICPA Pushes IRS for Code Section 4960 Excise Tax Transition Relief
💡 AICPA Pushes IRS for Code Section 4960 Excise Tax Transition Relief. Review and take action if applicable to your clients.
CPA Practice Advisor·May 11, 2026🟠 Heads Up
IRS Issues Proposed Regs on New 1% Excise Tax on Remittance Transfers
💡 IRS Issues Proposed Regs on New 1% Excise Tax on Remittance Transfers. Review and take action if applicable to your clients.
Current Federal Tax Developments·May 6, 2026🟠 Heads Up
An Analysis of the Reinstated Significant Issue Letter Ruling Program Under Revenue Procedure 2026-21
💡 An Analysis of the Reinstated Significant Issue Letter Ruling Program Under R.... Review and take action if applicable to your clients.
Current Federal Tax Developments·Apr 27, 2026🟠 Heads Up
Extending the Statute of Limitations for Disallowed ERC Claims: An Analysis of the New IRS Procedures
💡 Extending the Statute of Limitations for Disallowed ERC Claims: An Analysis o.... Review and take action if applicable to your clients.
IRS Post-Release Form Changes·Recently🟠 Heads Up
Items to consider while completing Form 2848
💡 Items to consider while completing Form 2848. Review and take action if applicable to your clients.
Journal of Accountancy·Recently🟠 Heads Up
IRS adds online option, details for Kwong-related refund claims
💡 IRS adds online option, details for Kwong-related refund claims. Review and take action if applicable to your clients.
IRS Post-Release Form Changes·Recently🟠 Heads Up
Filing Form 843 for claims citing Kwong v. United States
💡 Filing Form 843 for claims citing Kwong v. United States. Review and take action if applicable to your clients.
IRS Post-Release Form Changes·Recently🟠 Heads Up
New markets credit updated and made permanent
💡 New markets credit updated and made permanent. Review and take action if applicable to your clients.
IRS Post-Release Form Changes·Recently🟠 Heads Up
Don't use Form 720-X to claim refunds when a remittance transfer is cancelled or expired
💡 Don't use Form 720-X to claim refunds when a remittance transfer is cancelled.... Review and take action if applicable to your clients.
IRS Post-Release Form Changes·Recently🟠 Heads Up
Update to Form 4547 for State, Territorial and Tribal Child Welfare Agencies
💡 Update to Form 4547 for State, Territorial and Tribal Child Welfare Agencies. Review and take action if applicable to your clients.
Journal of Accountancy·Recently🟠 Heads Up
IRS appeals Kwong as advocate says refunds may be at stake
💡 IRS appeals Kwong as advocate says refunds may be at stake. Review and take action if applicable to your clients.
IRS Post-Release Form Changes·Recently🟠 Heads Up
Updates to the Instructions for Form 8609, Low-Income Housing Credit Allocation and Certification (Rev. December 2025), for projects financed with tax-exempt bonds (Clarified May 29, 2026)
💡 Updates to the Instructions for Form 8609, Low-Income Housing Credit Allocati.... Review and take action if applicable to your clients.
IRS Newswire·Recently🟠 Heads Up
IRS releases new look-back interest calculator for long-term contracts
💡 IRS releases new look-back interest calculator for long-term contracts. Review and take action if applicable to your clients.
IRS Post-Release Form Changes·Recently🟠 Heads Up
Use Schedule 6 (Form 8849) to claim refunds for cancelled/expired remittance transfers
💡 Use Schedule 6 (Form 8849) to claim refunds for cancelled/expired remittance .... Review and take action if applicable to your clients.
Journal of Accountancy·Recently🟠 Heads Up
IRS announces terms of new conservation easement settlement opportunity
💡 IRS announces terms of new conservation easement settlement opportunity. Review and take action if applicable to your clients.
IRS Newswire·Recently🟠 Heads Up
IRS announces terms of a time-limited settlement opportunity for eligible taxpayers involved in conservation easement disputes
💡 IRS announces terms of a time-limited settlement opportunity for eligible tax.... Review and take action if applicable to your clients.
IRS Post-Release Form Changes·Recently🟠 Heads Up
Claiming “no tax on tips” deduction for occupations that customarily and regularly receive tips may require an amended return
💡 Claiming “no tax on tips” deduction for occupations that customarily and regu.... Review and take action if applicable to your clients.
Journal of Accountancy·Recently🟠 Heads Up
IRS offers extension option for taxpayers facing ERC claim deadlines
💡 IRS offers extension option for taxpayers facing ERC claim deadlines. Review and take action if applicable to your clients.
IRS Post-Release Form Changes·Recently🟠 Heads Up
Update to Part II—Beneficiary Information instructions
💡 Update to Part II—Beneficiary Information instructions. Review and take action if applicable to your clients.
Accounting Today·Recently🟠 Heads Up
AT Think The IRS just reset the ERC clock: Six months or file suit
💡 AT Think The IRS just reset the ERC clock: Six months or file suit. Review and take action if applicable to your clients.
IRS Newswire·Recently🟠 Heads Up
IRS announces new option for certain taxpayers to request more time after ERC claim disallowance
💡 IRS announces new option for certain taxpayers to request more time after ERC.... Review and take action if applicable to your clients.
Current Federal Tax Developments·Jul 14, 2026🔵 FYI
Tax Court Bars Above-the-Line Deduction for Fair Credit Reporting Act Legal Fees: Analyzing Eiler v. Commissioner
💡 Tax Court Bars Above-the-Line Deduction for Fair Credit Reporting Act Legal F.... Worth reviewing for potential client impact.
CPA Practice Advisor·Jul 10, 2026🔵 FYI
Michigan Tax Preparation Business Owner Charged with Fraud
💡 Michigan Tax Preparation Business Owner Charged with Fraud. Worth reviewing for potential client impact.
Federal Register (IRS)·Jul 10, 2026🔵 FYI
Revising Qualified Domestic Trust Regulations Under Section 2056A To Update Outdated References and Procedures
💡 Revising Qualified Domestic Trust Regulations Under Section 2056A To Update O.... Worth reviewing for potential client impact.
Current Federal Tax Developments·Jul 9, 2026🔵 FYI
Modernizing Qualified Domestic Trust Regulations: A Comprehensive Analysis of Treasury Decision 10050
💡 Modernizing Qualified Domestic Trust Regulations: A Comprehensive Analysis of.... Worth reviewing for potential client impact.
Federal Register (IRS)·Jul 9, 2026🔵 FYI
Charitable Remainder Annuity Trust Listed Transaction
💡 Charitable Remainder Annuity Trust Listed Transaction. Worth reviewing for potential client impact.
CPA Practice Advisor·Jul 8, 2026🔵 FYI
Are IRS Chatbots Really Helping Taxpayers?
💡 Are IRS Chatbots Really Helping Taxpayers?. Worth reviewing for potential client impact.
Current Federal Tax Developments·Jul 8, 2026🔵 FYI
IRS Finalizes Section 1035 Exchange and Corporate Reorganization Regulations: Key Takeaways for Tax Practitioners
💡 IRS Finalizes Section 1035 Exchange and Corporate Reorganization Regulations:.... Worth reviewing for potential client impact.
California Franchise Tax Board·Jul 7, 2026🔵 FYI
FTB is issuing Legal Ruling 2026-01
💡 FTB is issuing Legal Ruling 2026-01. Worth reviewing for potential client impact.
CPA Practice Advisor·Jul 6, 2026🔵 FYI
IRS Failed to Meet Veteran Hiring Goal
💡 IRS Failed to Meet Veteran Hiring Goal. Worth reviewing for potential client impact.
CPA Practice Advisor·Jul 6, 2026🔵 FYI
TIGTA Made 91 Surprise Visits to IRS Taxpayer Assistance Centers. Here’s What Happened
💡 TIGTA Made 91 Surprise Visits to IRS Taxpayer Assistance Centers. Here’s What.... Worth reviewing for potential client impact.
CPA Practice Advisor·Jun 29, 2026🔵 FYI
Shield Introduces the First Governed AI Agent Designed to Close Compliance Alerts Autonomously
💡 Shield Introduces the First Governed AI Agent Designed to Close Compliance Al.... Worth reviewing for potential client impact.
CPA Practice Advisor·Jun 23, 2026🔵 FYI
Former Fugitive Ohio Pharmacist Pleads Guilty to Defrauding IRS
💡 Former Fugitive Ohio Pharmacist Pleads Guilty to Defrauding IRS. Worth reviewing for potential client impact.
NASBA·Jun 18, 2026🔵 FYI
Puerto Rico Advances Technology and Real-Time Validation Through its CPA Digital Stamp (QR Code): Audit Process and Timestamping
💡 Puerto Rico Advances Technology and Real-Time Validation Through its CPA Digi.... Worth reviewing for potential client impact.
CPA Practice Advisor·Jun 17, 2026🔵 FYI
Suralink Brings Agentic Execution to Audit Engagements with Cloud Testing Suite
💡 Suralink Brings Agentic Execution to Audit Engagements with Cloud Testing Suite. Worth reviewing for potential client impact.
CPA Practice Advisor·Jun 16, 2026🔵 FYI
AICPA Submits Comments to Treasury, IRS on Accounting Method Change Procedures
💡 AICPA Submits Comments to Treasury, IRS on Accounting Method Change Procedures. Worth reviewing for potential client impact.
Current Federal Tax Developments·Jun 14, 2026🔵 FYI
Required Minimum Distributions and IRA Structuring for Multiple Beneficiaries: An Analysis of Private Letter Ruling PLR 202624001
💡 Required Minimum Distributions and IRA Structuring for Multiple Beneficiaries.... Worth reviewing for potential client impact.
Current Federal Tax Developments·Jun 12, 2026🔵 FYI
Relief from Ineffective S Corporation and QSub Elections: An Analysis of PLR 202624006
💡 Relief from Ineffective S Corporation and QSub Elections: An Analysis of PLR .... Worth reviewing for potential client impact.
CPA Practice Advisor·Jun 11, 2026🔵 FYI
IRS Restructures Security Summit to Better Tackle Tax-Related ID Theft and Fraud
💡 IRS Restructures Security Summit to Better Tackle Tax-Related ID Theft and Fraud. Worth reviewing for potential client impact.
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