FinCEN.gov

Due to a technological issue that prevented the public from electronically filing comments for several days, the Financial Crimes Enforcement Network (FinCEN) is extending the comment period for the notice of proposed rulemaking (NPRM) it published in June to amend the existing definition of Huione Group to include H-Pay Service

0 Comments
Read more about the article Treasury, IRS issue final regulations naming certain charitable remainder annuity trust transactions as listed transactions
The IRS logo identifies the Internal Revenue Service, which issued guidance on recovering federal excise tax paid on dyed fuel under the One, Big, Beautiful Bill.

Treasury, IRS issue final regulations naming certain charitable remainder annuity trust transactions as listed transactions

IR-2026-82, July 8, 2026 —The Department of the Treasury and the Internal Revenue Service today issued final regulations identifying certain arrangements purporting to be Charitable Remainder Annuity Trusts as listed transactions.

0 Comments
Read more about the article IRS simplifies penalty relief, introduces automatic process for eligible taxpayers
The IRS logo identifies the Internal Revenue Service, which issued guidance on recovering federal excise tax paid on dyed fuel under the One, Big, Beautiful Bill.

IRS simplifies penalty relief, introduces automatic process for eligible taxpayers

IR-2026-83, July 8, 2026 — The Internal Revenue Service today announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance.

0 Comments
Read more about the article IRS, Security Summit launch summer series to help tax pros protect clients from identity theft
The IRS logo identifies the Internal Revenue Service, which issued guidance on recovering federal excise tax paid on dyed fuel under the One, Big, Beautiful Bill.

IRS, Security Summit launch summer series to help tax pros protect clients from identity theft

IR-2026-81, July 7, 2026 — The IRS and Security Summit partners today launched the summer “Protect Your Clients; Protect Yourself” campaign, a five-week series highlighting practical steps tax professionals can take to protect client data, their businesses, and themselves from evolving tax-related identity theft threats.

0 Comments

FinCEN.gov

Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a supplemental Alert to advise financial institutions to be vigilant in detecting, identifying, and reporting suspicious activity connected to Cartel de Jalisco Nueva Generacion (CJNG) and other Mexico-based transnational criminal organizations smuggling fuel from the United States

0 Comments
Read more about the article Treasury, IRS provide safe harbor for certain contributions to Trump Accounts under the Working Families Tax Cuts
The IRS logo identifies the Internal Revenue Service, which issued guidance on recovering federal excise tax paid on dyed fuel under the One, Big, Beautiful Bill.

Treasury, IRS provide safe harbor for certain contributions to Trump Accounts under the Working Families Tax Cuts

IR-2026-80, June 29, 2026 — The Department of the Treasury and the Internal Revenue Service today issued Revenue Procedure 2026-25 providing a gift tax reporting safe harbor for certain contributions to Trump accounts created under the Working Families Tax Cuts.

0 Comments
Read more about the article National Taxpayer Advocate issues mid-year report to Congress
The IRS logo identifies the Internal Revenue Service, which issued guidance on recovering federal excise tax paid on dyed fuel under the One, Big, Beautiful Bill.

National Taxpayer Advocate issues mid-year report to Congress

IR-2026-79, June 24, 2026 — National Taxpayer Advocate Erin M. Collins today released her Fiscal Year 2027 Objectives Report to Congress, highlighting a largely successful 2026 filing season in which the IRS processed nearly 139 million individual tax returns, issued more than 90 million refunds, and successfully implemented extensive tax

0 Comments
Read more about the article National Taxpayer Advocate issues 2026 mid-year report to Congress
The IRS logo identifies the Internal Revenue Service, which issued guidance on recovering federal excise tax paid on dyed fuel under the One, Big, Beautiful Bill.

National Taxpayer Advocate issues 2026 mid-year report to Congress

IR-2026-79, June 24, 2026 — National Taxpayer Advocate Erin M. Collins today released her Fiscal Year 2027 Objectives Report to Congress, highlighting a largely successful 2026 filing season in which the IRS processed nearly 139 million individual tax returns, issued more than 90 million refunds, and successfully implemented extensive tax

0 Comments