taxes

  • IRS updates frequently asked questions about section 127 educational assistance programs

    IRS updates frequently asked questions about section 127 educational assistance programs

    R-2026-55, April 20, 2026 WASHINGTON – The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2026-10 related to educational assistance programs. An employee’s gross income does not include educational assistance benefits if the benefits are provided under a section 127 educational assistance program and the amounts do not exceed $5,250. Under the One, Big, Beautiful

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  • IRS issues Whistleblower Alert, expands efforts to uncover fraud

    IRS issues Whistleblower Alert, expands efforts to uncover fraud

    R-2026-54, April 17, 2026 WASHINGTON — The Internal Revenue Service today issued a Whistleblower Alert highlighting an area of concern about misuse, diversion or fraudulent use of federal funds by tax-exempt organizations, individuals and businesses, and urged the public to provide information.  “Whistleblower Alerts are a new way for the IRS to spotlight high-risk areas and reach people

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  • Arizona Transaction Privilege Tax Changes and News

    Arizona Transaction Privilege Tax Changes and News

    Transaction Privilege Tax Changes and News April 2026 What’s New | Reporting Guide | Rates | Quick Reference ARIZONA CASH TRANSACTION ROUNDING LAW: GUIDANCE FOR BUSINESSESArizona businesses that do not use or have pennies available at the point of sale are now required to round cash transactions to the nearest 5 cents, following a new law signed by Governor Katie Hobbs.

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  • Actions taxpayers should take if they missed April filing and payment deadline 

    Actions taxpayers should take if they missed April filing and payment deadline 

    IRS Tax Tips April 16, 2026 Actions taxpayers should take if they missed April filing and payment deadline  Taxpayers who missed the April 15 filing deadline should submit their federal tax return as soon as possible. Those who missed the deadline to file and owe taxes should file as soon as possible to avoid penalties

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  • IRS launches new online tool to help taxpayers resolve tax debt

    IRS launches new online tool to help taxpayers resolve tax debt

    IR-2026-53, April 16, 2026 WASHINGTON — The Internal Revenue Service today announced a new online tool to help taxpayers understand and resolve tax debt. The Tax Debt Help tool provides individuals and businesses with a simple, accessible way to explore payment options and identify next steps based on their situation. The tool is part of the IRS’s

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  • IRS Newswire                                                                             April 13, 2026

    IRS Newswire April 13, 2026

    IRS hosting free webinar to share last-minute tips for the filing season IR-2026-51, April 13, 2026 WASHINGTON — The Internal Revenue Service today announced it will be hosting a free 30-minute webinar for taxpayers and tax professionals to provide last-minute tips for filing season on Tuesday, April 14, at 1 p.m. Eastern time. The IRS

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