The IRS is providing new guidance on the responsible use of artificial intelligence in tax practices. As more accounting firms adopt AI tools, tax professionals must understand how these technologies impact client data protection, documentation, accuracy, and professional responsibilities. Learn what CPAs and tax firms need to know about using AI while staying compliant with IRS expectations.
The IRS has introduced new online account features that allow eligible taxpayers to view and submit Trump Account elections. These updates may change how families manage future savings decisions and create new tax planning opportunities. Learn what taxpayers and advisors need to know about Trump Accounts, IRS digital tools, and financial planning considerations in 2026.
Discover the new 2026 tax credits and IRS tax breaks that could help taxpayers save money. From worker benefits and family credits to business incentives and new deductions, learn which tax benefits you may qualify for before filing your return. Many taxpayers miss valuable savings simply because they are unaware of recent tax law changes.
The IRS has expanded its Security Summit partnership to better protect taxpayers from identity theft and refund fraud. This new initiative improves how the IRS, banks, and tax software companies share information, detect suspicious activity, and verify taxpayer identities. Learn what’s changing and how these updates may affect your tax filing process and refund security in 2026.
IRS 2026 tax inflation adjustments bring important updates to deductions, income limits, retirement savings, and gift tax rules. Learn in simple terms how these changes may affect your taxes, savings, and financial planning this year.
Taxpayers filing COVID-era IRS penalty refund claims may still have time to recover money from 2020–2022 tax years. Learn what to expect during the process, possible timelines, and why CPA guidance matters before the 2026 deadline.
A new proposal could let seniors exclude up to $1 million in capital gains from home sales. Learn what to expect if the Nest Egg Protection Act becomes law, including how it may affect retirement plans, home sales, and taxes.
A new federal tax law is delivering widespread tax relief, with most Americans seeing lower taxes, bigger refunds, and new deductions. Learn how these changes affect workers, families, and seniors in 2026.
Businesses across the United States are fighting over billions in possible tariff refunds after courts ruled many Trump-era tariffs unlawful. The growing legal battle could impact importers, consumers, trade policy, and the future of U.S. tariffs.
Treasury Secretary Scott Bessent faced tough questions from Congress about IRS audits, tariffs, future tax policy, and the growing national deficit. The hearing could shape upcoming tax law changes that may affect businesses, workers, and taxpayers across the United States.
Lawmakers are debating major tax policy changes ahead of the 2026 elections, including capital gains, deductions, estate rules, and health tax credits. Learn what could change and how taxpayers can prepare now.
Financial experts are warning that current tax rates and deductions may not last. Learn how Roth conversions, estate planning, and capital gains strategies can help wealthy Americans prepare before tax rules change.
CPA insights on COVID-era IRS penalty refund claims from 2020–2022 explain who may qualify, common mistakes to avoid, and what steps taxpayers should take before the July 10, 2026 deadline.
The IRS is now using artificial intelligence to detect tax fraud faster, including issues with cryptocurrency, high deductions, and identity theft. Learn what triggers IRS flags and how to avoid tax problems in 2026.
Charity carryovers can help lower your taxes, but they do not last forever. Learn what happens after 5 years, when unused deductions expire, and how CPAs help taxpayers avoid losing valuable charitable tax benefits under IRS rules.
The IRS is warning Americans about fake “Tariff Dividend” payments and stimulus check scams spreading online. Learn how these scams work, why they are dangerous, and how taxpayers can protect their personal and financial information in 2026.
Taxpayers who paid IRS penalties or underpayment interest during the COVID years may now qualify for refunds under the Kwong v. United States ruling. Learn who may qualify and why the July 10, 2026 deadline is important.
The IRS is reportedly considering adding a citizenship question to future tax forms. Learn how the proposal could affect taxpayers, privacy, refunds, and tax filing in 2026.
The IRS is continuing to release new guidance on the One Big Beautiful Bill Act, one of the largest tax packages in recent years. The new law includes bigger tax deductions, expanded family tax credits, business tax breaks, and the upcoming Trump Accounts for children starting in 2026. Here’s what families, business owners, and taxpayers need to know about these important IRS updates and how they could impact tax savings moving forward.
A controversial IRS settlement is raising new questions about tax enforcement, audit fairness, and government authority in the United States. This article explains why the debate matters, how it could affect future IRS audits, and what taxpayers should watch moving forward.