Topics in the news

Here you'll find items of current interest — new programs, recent guidance or timely reminders.

Taxpayers can request more time after ERC claim disallowance

The IRS announced a new, streamlined way for taxpayers to extend the period of time for the IRS and the IRS Independent Office of Appeals to review a taxpayer’s response to a disallowance of an Employee Retention Credit (ERC) claim to avoid refund litigation.

Need to amend your tax return?

Taxpayers who discover an error after filing a federal tax return can use the Should I file an amended return? tool within the IRS Interactive Tax Assistant to help decide if they should file an amended return to correct an error or make other changes if they already filed.

Check the status of your refund

Taxpayers who filed their federal tax returns and are expecting a refund have several options to verify the status of their refunds.

Tax Debt Help tool

The IRS launched 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, making it easier for taxpayers to meet their obligations.

Business Tax Account

The IRS announced a major expansion of its Business Tax Account, making the online self-service platform available to partnerships, federal, state, and local governments, Indian tribal governments, and tax-exempt organizations.

IRS Individual Online Account

The IRS encourages all taxpayers to create an IRS Individual Online Account to access their tax account information securely online and to help protect against identity theft and fraud.

Dirty Dozen tax scams for 2026

The IRS announced its annual Dirty Dozen list of tax scams for 2026 that threaten the tax and financial information of taxpayers, businesses, and tax professionals.

Tax fraud and scam reporting

The IRS launched a new web page that allows taxpayers to confidentially report suspected tax fraud, scams, evasion, or other tax-related illegal activities. The web page consolidates multiple IRS fraud-reporting options into a single, centralized location, making it easier for taxpayers to report suspicious activity.

FAQs about modernizing payments to and from America’s bank account

The IRS issued frequently asked questions to help taxpayers, businesses, and other stakeholders understand the changes to transitioning federal payments to and from the government to electronic methods under Executive Order 14247: Modernizing Payments To and From America’s Bank Account.

Updated Tax Withholding Estimator

The IRS unveiled enhancements to the IRS Tax Withholding Estimator to reflect changes to credits and deductions under the One, Big, Beautiful Bill.

One, Big, Beautiful Bill

News releases

• New Schedule 1-A and Form 1040 instructions show how taxpayers will claim important deductions under the One, Big, Beautiful Bill
• Supplemental basic allowance for housing payments to members of the military are not taxable
• Improvements to the Adoption Tax Credit under One, Big, Beautiful Bill
• Treasury and IRS provide guidance regarding the contribution pilot program for Trump Accounts for eligible minors
• Transition relief for businesses reporting car loan interest

Fact sheets

• Updates to frequently asked questions about educational assistance programs
• What you will need to file your taxes under the One, Big, Beautiful Bill
• What to know about Schedule 1-A
• FAQs about general refundability and recognizing Indian tribal governments for purposes of making a special needs determination for the Adoption Tax Credit
• FAQs address the new deduction for qualified overtime compensation under the One, Big, Beautiful Bill
• FAQs on Form 1099-K threshold under One, Big, Beautiful Bill

Guidance

• Guidance on a new method for recovering federal excise tax paid on dyed fuel
• Final regulations listing occupations where workers customarily and regularly receive tips under the One, Big, Beautiful Bill
• Proposed regulations on the new remittance transfer tax
• Guidance to States for nominating census tracts as qualified opportunity zones
• Proposed regulations on how to open initial Trump Accounts
• Guidance on special depreciation allowance for qualified production property

Inflation adjustments for tax year 2026

The IRS announced the tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2025-32 PDF provides details about these annual adjustments.