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NEWS & HOT TOPICS

IRS Updated FAQs on Qualified Overtime Deduction

8/21/2026
The IRS issued Fact Sheet FS-2026-13 which provides substantial updates including the following:

IRS Trump Accounts Proposed Regulations

8/21/2026
Proposed regulations have been announced on employer contributions to Trump Accounts under the Working Families Tax Cuts. Comments are requested on all aspects of the proposed regulations.

New Beneficial Ownership Information FAQs

4/19/2024
FinCEN has posted new beneficial ownership information FAQs regarding reporting requirements, compliance, enforcement, exemptions, and more.

Proposed Rules on Corporate Stock Buybacks

4/12/2024
The Treasury Department and IRS have announced proposed guidance concerning the one percent excise tax owed on corporate stock repurchases.

Help for Clients Who Received a Form 1099-K in 2024

4/5/2024
IRS reports that misinformation continues to circulate about why taxpayers may or may not have received a Form 1099-K, Payment Card and Third Party Network Transactions, in 2024.
 

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WHY CHOOSE AN ENROLLED AGENT

Enrolled Agents are America’s Tax Experts. We are federally-licensed tax practitioners who specialize in tax preparation and have unlimited rights to represent taxpayers before the Internal Revenue Service. If you get a letter from the IRS, or worse, are audited or are the target of a collection action, your EA can speak directly to the IRS on your behalf.

Enrolled Agents are trained in a wide variety of tax situations, both common and unusual. With tax laws changing yearly, it’s more critical than ever to consult with a qualified tax specialist on your tax and financial strategy. The Enrolled Agent license is the highest credential the IRS issues. Be confident about your tax return – use an Enrolled Agent.

Find an EA OR CALL 1-800-TAXPRO5 (800-829-7765)