07/16/2026
IRS Offers Gift Tax Safe Harbor for Contributions to Trump Accounts
The IRS on Monday issued Rev. Proc. 2026-25, which provides a gift tax reporting safe harbor for individual donors who make one or more contributions to Trump accounts under Sec. 530A and satisfy certain conditions....
IRS Offers Gift Tax Safe Harbor for Contributions to Trump Accounts
The IRS on Monday issued Rev. Proc. 2026-25, which provides a gift tax reporting safe harbor for individual donors who make one or more contributions to Trump accounts under Sec. 530A and satisfy c…
05/18/2026
Taxpayers Advised They Can Ignore CP53E Notice — After Verifying Error
Taxpayers who aren’t due a refund but received a CP53E notice anyway can ignore the notice after they confirm its validity online, the Taxpayer Advocate Service (TAS) said....
Taxpayers Advised They Can Ignore CP53E Notice — After Verifying Error
Taxpayers who aren’t due a refund but received a CP53E notice anyway can ignore the notice after they confirm its validity online, the Taxpayer Advocate Service (TAS) said.
04/20/2026
IRS Finalizes Deduction Rules for Tips, Adds Eligible Jobs
The IRS issued final regulations for the new tips deduction (T.D. 10044) under H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act, adding three eligible jobs, defining qualified tips, and clarifying some areas....
IRS Finalizes Deduction Rules for Tips, Adds Eligible Jobs
The IRS issued final regulations for the new tips deduction (T.D. 10044) under H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act, adding three eligible jobs, defining qualified …
04/16/2026
IRS Dirty Dozen Adds New Capital Gains Scheme for 2026
The IRS’s 2026 Dirty Dozen list is largely a mix of familiar schemes, from bad tax advice on social media to impersonation attempts, but it does add one new entry: abusive undistributed long‑term capital gains claims....
IRS Dirty Dozen Adds New Capital Gains Scheme for 2026
The IRS’s 2026 Dirty Dozen list is largely a mix of familiar schemes, from bad tax advice on social media to impersonation attempts, but it does add one new entry: abusive undistributed long‑term c…
