Your 2026 Year-End Tax To-Do List: What Works, What’s Gone, And What’s New

Every fall my clients ask some version of the same question: what should I be doing before December 31, 2026? This year the ...
Internal Revenue Service

Treasury, IRS update retirement plan correction program and establish correction program for individual retirement accounts

Revenue Procedure 2026-34 PDF expands the Employee Plans Compliance Resolution System and replaces and restructures the Revenue Procedure 2021-30 previously used by employee plan sponsors to make plan ...
Internal Revenue Service

Temporary reporting and recordkeeping relief for certain fuel uses

The Internal Revenue Service today announced temporary administrative relief from reporting and recordkeeping requirements relating to taxes imposed by section 4041 (a) of the Internal Revenue Code.

The IRS 10-Year Collection Window: Why It Matters More Than You Might Realize

When taxpayers know where they are on the action clock, they can make smarter decisions and avoid unnecessary stress and/or ...