Read more about the article IRS updates FAQs on qualified overtime deduction
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 updates FAQs on qualified overtime deduction

IR-2026-88, Aug. 6, 2026 — The Internal Revenue Service today updated frequently asked questions about the deductions for qualified overtime compensation.

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Read more about the article Treasury, IRS Issue Guidance on the Permanent Expansion of Paid Family and Medical Leave 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 Issue Guidance on the Permanent Expansion of Paid Family and Medical Leave under the Working Families Tax Cuts

IR-2026-86, Aug. 5, 2026 — The Department of the Treasury and the Internal Revenue Service (IRS) issued Notice 2026-28, providing guidance on the employer credit for paid family and medical leave (PFML) under the Working Families Tax Cuts (WFTC).

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Read more about the article Security Summit warns tax pros to watch out for phishing emails and other attacks
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.

Security Summit warns tax pros to watch out for phishing emails and other attacks

IR-2026-85, Aug. 4, 2026 — The Internal Revenue Service and Security Summit partners today warned tax professionals to watch for phishing emails and other schemes designed to steal sensitive taxpayer data.

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FinCEN.gov

Under the Bank Secrecy Act (BSA), 31 U.S.C. 5311 et seq., and its implementing regulations at 31 C.F.R. Chapter X (formerly 31 C.F.R. Part 103), FinCEN may bring an enforcement action for violations of the reporting, recordkeeping, or other requirements of the BSA. FinCEN's Office of Enforcement evaluates enforcement matters

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FinCEN.gov

WASHINGTON—Today, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) assessed a $125,000,000 civil money penalty against UBS Financial Services Inc. (UBSFS) for willful violations of the Bank Secrecy Act (BSA), the primary U.S. anti-money laundering and countering the financing of terrorism law that safeguards the financial system from

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Read more about the article SEC Announces Continuation of Small Business Advisory Committee Meeting
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SEC Announces Continuation of Small Business Advisory Committee Meeting

The Securities and Exchange Commission announced that the Small Business Capital Formation Advisory Committee meeting held on July 21, 2026, will reconvene August 6, 2026, at 1 p.m. ET, virtually, on SEC.gov. The committee will…

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Read more about the article IRS recognizes National Whistleblower Day with $8 billion recovered since 2007
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 recognizes National Whistleblower Day with $8 billion recovered since 2007

IR-2026-84, July 28, 2026 — The Internal Revenue Service today highlighted the upcoming National Whistleblower Day, and the important role whistleblowers play in exposing fraud, reducing the tax gap, and strengthening compliance.

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