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 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 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 and Treasury released new Opportunity Zone guidance in 2026, potentially opening new tax savings and investment opportunities for investors, developers, and businesses.

U.S. states are considering new taxes on high-income earners in 2026. These changes could impact taxpayers, businesses, and state tax strategies.

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.

The R&D tax credit helps U.S. businesses reduce taxes when they invest in innovation, product development, or process improvements. This simple guide explains who qualifies, what expenses count, and how companies can benefit from this valuable tax incentive in 2026.

The Senate is considering bringing back IRS Direct File, a free government tax filing system that could change how millions of Americans file their taxes. Supporters say it will lower costs and simplify filing, while opponents raise concerns about competition with private tax software companies.

The “no tax on overtime” deduction is causing confusion among millions of taxpayers in 2026. Many claims may be incorrect due to unclear rules, leading to possible IRS adjustments, delays, or future audits.

Tax season 2026 is bringing bigger refunds for millions of Americans. Thanks to new deductions, higher credits, and updated tax rules, you could see more money back in your pocket. Here’s what’s driving larger refunds and how to make sure you get every dollar you deserve.

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.

The IRS is cracking down on cryptocurrency reporting in 2026. Learn how to report your crypto transactions correctly and avoid penalties, fines, or audits.

Homeowners can still claim the 2025 solar tax credit in 2026! Learn how to save $7,500–$9,000 on solar panels, maximize deductions, and protect your claim with a CPA.

Millions of taxpayers could miss refunds in 2026 due to new tax law changes. Learn how updated deductions and credits may affect you and how to protect your refund.