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Internal Revenue Service

Internal Revenue Service (IRS)
National

IRS Urges Late Filers to Use Free Filing Program Before Oct. 15

June 7, 2026June 7, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service is encouraging taxpayers who missed the federal tax filing deadline to submit their 2025 returns through IRS Free File, a program available through …

IRS Urges Late Filers to Use Free Filing Program Before Oct. 15 Read More

Internal Revenue Service (IRS)
National

IRS Releases Calculator Aimed at Reducing Contract Tax Errors

June 1, 2026May 31, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service has released a new calculation tool for businesses and tax professionals handling long-term construction and manufacturing contracts, a move that could simplify compliance …

IRS Releases Calculator Aimed at Reducing Contract Tax Errors Read More
Internal Revenue Service (IRS)
National

IRS Adds Online Enrollment Tools for Trump Accounts

May 31, 2026May 31, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service has added online enrollment and tracking capabilities for Trump Accounts, a new tax-advantaged savings vehicle created under the One, Big, Beautiful Bill, potentially …

IRS Adds Online Enrollment Tools for Trump Accounts Read More

black coupes
National

Ohio Workers Claim Billions Under New Tax Breaks

May 24, 2026May 24, 2026 - by Maryann Pugh

CLEVELAND, OH — More than 1.2 million Ohio taxpayers have already claimed a new federal overtime tax deduction worth roughly $3.4 billion, according to federal officials promoting a broader package …

Ohio Workers Claim Billions Under New Tax Breaks Read More
Internal Revenue Service (IRS)
National

IRS Opens New Settlement Window in Easement Tax Cases

May 17, 2026May 17, 2026 - by Maryann Pugh

WASHINGTON, D.C. — Thousands of taxpayers involved in disputed conservation and historic preservation tax deductions could receive another opportunity to settle with the Internal Revenue Service under a new limited-time …

IRS Opens New Settlement Window in Easement Tax Cases Read More

Internal Revenue Service (IRS)
National

IRS Updates Conservation Easement Guidance, Warns Investors

May 11, 2026May 10, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service updated its Conservation Easement site to expand information on abusive conservation easement transactions, recent court rulings and warning signs tied to promoter-driven tax …

IRS Updates Conservation Easement Guidance, Warns Investors Read More
Internal Revenue Service (IRS)
National

IRS Opens Applications for VITA, TCE Grant Programs

May 10, 2026May 10, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service is accepting applications through May 31 for its Tax Counseling for the Elderly and Volunteer Income Tax Assistance grant programs, which fund organizations …

IRS Opens Applications for VITA, TCE Grant Programs Read More

Internal Revenue Service (IRS)
National

New Fuel Tax Refund Rules Open Door for Businesses

May 4, 2026May 3, 2026 - by Maryann Pugh

WASHINGTON, D.C. — Businesses that paid federal fuel taxes on diesel or kerosene may now be able to recover those costs under new federal rules, as Treasury and the IRS …

New Fuel Tax Refund Rules Open Door for Businesses Read More
Internal Revenue Service (IRS)
National

IRS Offers More Time to Challenge Denied Tax Credits

May 3, 2026May 3, 2026 - by Maryann Pugh

WASHINGTON, D.C. — Taxpayers whose Employee Retention Credit claims have been denied can now request additional time to challenge those decisions, as the Internal Revenue Service rolls out a new …

IRS Offers More Time to Challenge Denied Tax Credits Read More
Marijuana
National

Marijuana Tax Shift Could Cut Costs for Some Businesses

April 28, 2026April 27, 2026 - by Maryann Pugh

WASHINGTON, D.C. — Some medical marijuana businesses could soon gain access to federal tax deductions after a planned policy shift tied to the reclassification of certain cannabis products, federal officials …

Marijuana Tax Shift Could Cut Costs for Some Businesses Read More

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