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Social Security recipients get a 2.8% cost-of-living boost in 2026, average of $56 per month

Accountants Hold the 90th Best Job in U.S. News & World Report's 2025 Ranking Earlier this month, U.S. News & World Report released its ranking of the 100 best jobs of 2025, and the job of an accountant made the back half of the list.

Watch out for a scam email that may read, ‘Notification of IRS Audit & Investigation.’ The email may direct you to download a “secure” file (in some cases via sites like Cognito Forms) and submit documentation, but in fact the link leads to a fraudulent site that may steal your data or install malware. For more info on phishing scams, go to www.IRS.gov/phishing

Here's What the IRS Said About Tax Refunds During the Government Shutdown The tax agency provided an update Tuesday on its website about the availability of certain IRS services during the stalemate, including whether refunds will still be sent to taxpayers.

Will 2026 IRS Income Tax Refunds Be Delayed Because of the Government Shutdown? As the shutdown enters its fourth week, the effects are continuing to cause headaches for tax pros, and increasing worry about the 2026 income tax filing season.

IRS Provides Relief to Lenders for 2025 on Car Loan Interest Reporting Under OBBBA The IRS issued transitional guidance on Oct. 21 that provides penalty relief to certain lenders on the new information reporting requirements for car loan interest received in 2025 under the new Trump tax law.

BREAKING! 75 million Americans will get a 2.8 percent increase in monthly Social Security benefits and SSI payments in 2026. Check our blog for more information: blog.ssa.gov/social-security-announces-benefit-increase-for-2026.

Congress passes bill requiring IRS to clarify math error notices The AICPA praised the Senate passage of the bill, saying it will enhance IRS operations and improve the taxpayer experience.

Social Security Delays 2026 COLA Reveal Until Oct. 24 The announcement for the 2026 adjustment, which usually coincides with the Bureau of Labor Statistics' Consumer Price Index Report in mid-October, is delayed in part due to the government shutdown.

AICPA Recommends Relief Measures to Mitigate Negative Impact of Shutdown on Taxpayers and Practitioners The AICPA is recommending relief measures that are fair, reasonable and practical to mitigate the negative impact of the shutdown on taxpayers and practitioners.

IRS furloughs staff, closes most operations as shutdown enters second week In a message to employees posted on its website Wednesday, the IRS said most agency operations are closed. Employees had been kept on the job for five business days.