3+ day, 14+ min ago   (782+ words) Home > Small Business Here are some tips for tax professionals who are navigating Economic Injury Disaster Loan program cases sent to Treasury collections. Daniel Staeven, Terry Lemons Tax professionals across the country find themselves facing a wave of client questions…...

3+ day, 4+ hour ago   (496+ words) IRS employee training on taxpayer representation and how taxpayers’ rights to representation must be observed needs to improve after some workers didn't know certain procedures, the watchdog said in a report. IRS employee training on taxpayer representation and how taxpayers…...

1+ week, 5+ day ago   (931+ words) The IRS has updated Forms 1099-NEC, 1099-MISC, and 1099-K for 2026 to separately report information related to tips and qualified overtime compensation. The 2026 tax year brings significant changes to information reporting. The Working Families Tax Cuts or H.R. 1 created new federal income…...

2+ week, 4+ day ago   (589+ words) IRS CEO Frank Bisignano met with tax professionals at the IRS Nationwide Tax Forum in New York City last week as part of the agency’s efforts to engage with taxpayers and their representatives. The New York City stop of the…...

2+ week, 5+ day ago   (304+ words) The American Society of Pension Professionals & Actuaries (ASPPA) has announced the Qualified Pooled Plan Professional, or QP3, a new credential designed to help retirement plan professionals understand how pooled plans work in practice. QP3 prepares retirement plan professionals to navigate the real-world…...

2+ week, 5+ day ago   (376+ words) Current Filing Information Returns Electronically system users must transition to IRIS to file tax year 2026 information returns during the 2027 filing season. The IRS on Monday reminded information return filers who currently use the Filing Information Returns Electronically system to prepare…...

3+ week, 2+ day ago   (663+ words) The Treasury Department and the IRS have proposed regulations on eligible investments for Trump Accounts, a new investment vehicle created by the One Big Beautiful Bill Act to help children build wealth from an early age. The tax-advantaged accounts are…...

3+ week, 2+ day ago   (307+ words) The IRS on Thursday unveiled a digitally authenticated Tax Compliance Report, found through IRS Individual Online Account, that shows whether a taxpayer filed tax returns and paid taxes on time. Taxpayers can securely obtain and download the report when applying…...

3+ week, 3+ day ago   (365+ words) As 2026 enters its final months, retirees and pre-retirees have a limited window to make tax-planning decisions that could affect how much of their retirement savings they ultimately keep. Aaron Gaines, CFP®, founder of Gaines Capital Management, says retirees often focus…...

1+ mon, 23+ hour ago   (400+ words) The survey of 1,003 Gen X workers reveals a generation struggling to keep their heads above water during what should be their prime earning years. Between dot-com crashes, the 2008 financial crisis, and a global pandemic, Generation X has weathered a gauntlet…...