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.

The June 15 estimated tax deadline has passed, and many self-employed individuals, investors, and business owners must now review their tax situation. Learn what estimated tax payments mean, what happens if you missed the deadline, and the steps you can take to avoid IRS penalties and stay on track for the rest of the 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.

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.

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.

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 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.

More Americans are receiving IRS notices in 2026 due to new income reporting systems, identity checks, and common tax filing errors. This guide explains why you may have received an IRS letter, what it means, and the simple steps you should take to respond and avoid penalties.

Mid-year is the best time to take control of your taxes. This 2026 tax planning checklist shows smart strategies for reducing your tax bill, including estimated tax payments, retirement contributions, business deductions, and capital gains planning. Learn what steps to take now before year-end deadlines arrive.

More than 330,000 importers may be eligible for tariff refunds in 2026 after key court rulings. Businesses are now filing claims through U.S. Customs, but CPAs warn that refunds may also create tax reporting issues. Here’s what companies need to know about eligibility, risks, and next steps.

Section 179 and bonus depreciation let business owners deduct equipment costs faster and reduce taxes in the same year of purchase. Learn how these powerful tax tools work, their key differences, and how CPAs help businesses choose the best strategy for maximum tax savings and cash flow.