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.
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.
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 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.
The IRS is facing staffing and funding challenges that may lead to slower tax refunds, fewer audits, and delays in taxpayer services. Learn what these capacity issues mean for individuals and businesses in 2026 and how they could impact tax processing and enforcement.
International tax and trade rules are changing in 2026, and businesses need to pay attention. New tariff discussions and global tax updates could increase costs for importers, affect cross-border business, and reshape how companies plan their taxes.
The IRS is warning taxpayers as the filing season closes. Learn key deadlines, extension rules, penalties for late filing, and simple steps to avoid costly mistakes before time runs out.
The IRS has expanded its whistleblower rewards program, allowing individuals to earn 15%–30% of recovered funds for reporting tax fraud. Learn how the program works, who can file a report using Form 211, and what types of tax fraud the IRS is targeting in this 2026 update.
Worked extra hours in 2025? You could be leaving money on the table. A new IRS overtime tax deduction lets eligible workers reduce their taxable income and boost their 2026 refund. Learn how to claim it and get hundreds of dollars back this year!
The IRS is phasing out paper refund checks in 2026. Learn how direct deposit rules could delay your refund and what steps you can take to get your money on time.
Federal tax cuts in 2026 could reduce state revenue, forcing budget cuts, higher taxes, or spending adjustments. Learn what this means for your state and your wallet.
Learn the top IRS audit triggers in 2026 and simple ways to avoid costly tax mistakes. Protect your refund by filing taxes carefully and staying safe from common IRS audit red flags.
Tax refunds are going up in 2026, with many Americans getting about $350 more back from the IRS on average. New tax laws, inflation adjustments, and updated tax credits are helping boost refunds for families and workers. However, some taxpayers are still facing delays due to IRS processing challenges. Learn why refunds are bigger this year, who benefits the most, and how you can get your refund faster this tax season.
Confused about estimated tax payments in 2026? If you’re self-employed, a freelancer, or run a small business, paying taxes on time is crucial to avoid costly IRS penalties. This easy-to-follow guide explains who needs to pay estimated taxes, how to calculate them, and the quarterly deadlines you must meet. Learn step-by-step methods to stay organized, manage cash flow, and make accurate payments using IRS Form 1040-ES. Avoid common mistakes like underpaying or missing deadlines, and discover tips to adjust payments if your income changes. With this guide, paying estimated taxes becomes simple, stress-free, and penalty-free—keeping you in good standing with the IRS and helping you plan for a smooth tax season in 2026.