The government shutdown and a lack of resources at the IRS are among the significant risks to the 2026 filing season, according to former IRS Commissioner Daniel Werfel. Read more: https://taxnotes.co/3LpAuVk

Legal opinions argue that taxpayers can source gains to Puerto Rico that were accrued before establishing residency in Puerto Rico in some circumstances. That advice could put taxpayers on the wrong side of the IRS. Our latest @taxnotes.com investigation bit.ly/3Jj4rpy

NEW: The IRS has informed states participating in Direct File that the free filing tool won’t be offered in 2026, according to an email from the agency. Read more: https://taxnotes.co/4qFxLY9

📢 Calling all innovators in U.S. federal tax! Tax Analysts is expanding our Award of Distinction program with a new category celebrating excellence in U.S. federal taxation. Submit a nomination for yourself or someone else today: awards.taxanalysts.org

The IRS is hiring criminal investigators to assist with President Trump’s efforts to ramp up law enforcement in Washington, D.C. Read more: https://taxnotes.co/49AWtTb

As federal funding for the Supplemental Nutrition Assistance Program (SNAP) teeters amid the federal government shutdown, state officials and governors are highlighting direct tax and budget risks. Read more: https://taxnotes.co/4qGno6e

🌍#ICRICT in @taxnotes.com key insight: Spain, Brazil, Chile - a coalition of countries is doubling down on a mission to tax the ultra wealthy. Read Nana Sarfo article on our event on extreme wealth inequality during IMF/WB Annuals #IMFMeetings. Full story: shorturl.at/ovSCj #TaxThePower

For the third day in a row, the Senate approved a resolution to undermine a portion of President Trump’s layered tariff regimes. Read more: https://taxnotes.co/4nsWMmf

New legislation from House Democratic taxwriters would restore clean energy credits from the Inflation Reduction Act that were slashed in the Republican reconciliation bill earlier this year, while also maintaining some of its small enhancements. Read more: https://taxnotes.co/47mFEZm

"Ronald Reagan was no fan of tariffs. In fact, he was an ardent (if inconstant) champion of free trade and open markets," @joethorndike.bsky.social writes.

"If the economic burden of a tariff was passed on to you as a consumer through various price adjustments, there's no recovery for that," Robert Goulder said. "The only people who are entitled to a tariff refund is the importer who actually paid the tariff up front."

The Senate passed legislation that would require the IRS to explain any math or clerical errors made on federal returns and notify taxpayers about the opportunity to abate wrongly assessed tax. Read more: www.taxnotes.com/tax-notes-to...

A presidential memorandum regarding domestic terrorism could jeopardize some nonprofits’ federal funding and governmental contracts, according to two attorneys specializing in tax-exempt organizations. Read more: www.taxnotes.com/tax-notes-to...

"Americans of almost every political stripe tend to think of governmental tax revenue as an aggregation of dollars paid by individuals," @joethorndike.bsky.social writes. "That gives taxpayers a claim on those dollars — and a moral responsibility for how they are spent."

A report that the Trump administration seeks to exert more control over the IRS Criminal Investigation division has some former agency officials questioning whether the move is legal or will be implemented fairly. Read more: www.taxnotes.com/tax-notes-to...

Rep. Marjorie Taylor Greene, R-Ga., a staunch conservative and ally of President Trump, is siding with Democrats in pushing for the extension of an expiring Affordable Care Act tax credit. Read more: www.taxnotes.com/tax-notes-to...

Opposition to the qualified small business stock exclusion crosses ideological lines! @kylepomerleau.bsky.social & me on why QSBS-which Republicans just expanded-is inefficient, unfair & should be scrapped, or at least reformed to fix glaring defects. www.taxnotes.com/tax-notes-to... @taxnotes.com

I’m excited to speak at the #TaxTrendsSummit 2025 on November 5 presented by @taxnotes.com and the ABA Tax Section. I’ll be moderating the panel "Tax Policy at 10,000 Feet: A Strategic Outlook" alongside a fantastic group of industry leaders. Register now: taxnotes.co/taxtrends25

It’s becoming a real possibility that the government will reopen without an extension of an expiring healthcare tax credit, despite congressional Democrats’ demand to address the subsidies in exchange for their votes for a stopgap funding measure. Read more: www.taxnotes.com/tax-notes-to...

Frank Bisignano’s dual role as Social Security Administration commissioner and IRS CEO raises concerns as litigation regarding tax data sharing with U.S. Immigration and Customs Enforcement continues. Read more: www.taxnotes.com/tax-notes-to...

Groups representing tax professionals are concerned that IRS furloughs during a prolonged government shutdown would hamper return processing and set back preparations for next filing season. Read more: www.taxnotes.com/tax-notes-to...

NEW: April Harding, former IRS director of user experience services, discusses her proposed agency modernization plan and the future of IRS digital products. Listen to the full conversation wherever you get your podcasts: www.buzzsprout.com/124942/episo...

Is buying a cup of coffee with cryptocurrency a taxable transaction? That’s one thing the crypto industry wants Congress to clarify through changes to the tax code. Read more: www.taxnotes.com/tax-notes-to...

"Even as the clean vehicle credit drives off into the sunset, former subsection 30D(d)(7) casts a long shadow across the code," Marie Sapirie writes.

How close are we to a government shutdown, and how does Congress's fight over Affordable Care Act premium tax credits play into the stalemate? Tax Notes Capitol Hill reporter @cadystanton.bsky.social explains the latest updates. #tax #healthcare #congress

Exclusive: The work to dissolve the Justice Department’s Tax Division is set to resume after the required reorganization memo was finally signed, former division head Karen E. Kelly said in an interview with Tax Notes. Read more: www.taxnotes.com/tax-notes-to...

Growing prospects for a partial shutdown of the IRS beginning October 1 are making tax professionals and their clients nervous about possible regulatory delays, particularly when it comes to issuing guidance for this summer’s giant tax bill. Read more: www.taxnotes.com/tax-notes-to...

Thirteen private colleges and universities will likely face a higher excise tax on their net investment income because of changes made by the new Republican tax law, a Tax Notes analysis shows. Read more: www.taxnotes.com/tax-notes-to...

"The Eighth Circuit’s Medtronic II decision makes clear that judges may not decide for themselves which factors determine comparability and reliability," Ryan Finley writes. "When they do, it is reversible legal error."

A volunteer advisory panel of the Taxpayer Advocate Service is pausing all public meetings indefinitely while the White House vets its members, according to a memo from panel leadership. Read more: www.taxnotes.com/featured-new...

The Trump administration has no legal basis for revoking the tax exemption of groups whose views it disagrees with, despite its threats to do so following the killing of Charlie Kirk, according to multiple law professionals. Read more: www.taxnotes.com/tax-notes-to...

"Anytime the government demands money in a forcible extraction from someone or some company, that's going to start to look a lot like a tax, just right out of the gate," @joethorndike.bsky.social said.

A Texas lawyer concluded that the tribal tax credits being sold by White River Energy Corp. “are real and recognized by the U.S. Congress and Government,” even though the IRS says the credits don’t exist. Story in @taxnotes.com bit.ly/4gnXyz3

President Trump’s pick for the IRS’s top lawyer told Senate Finance Committee staff that a former IRS official “should have been shot” for resigning from his role at the agency during filing season, according to the panel’s top Democrat. Read more: www.taxnotes.com/featured-new...

A group of six House and Senate lawmakers are pushing for Treasury to rescind recent interim guidance notices on the corporate alternative minimum tax, arguing that the notices usurp the guidance issued under the Biden administration. Read More: www.taxnotes.com/tax-notes-to...

"To call for an organized program of federal tariff rebates is to all but concede that U.S. taxpayers are being overtaxed, currently, through the harsh treatment of imports," Robert Goulder argues.

The IRS’s agreement to share immigrants’ tax return information with the Department of Homeland Security violated taxpayer privacy laws, according to a former top IRS official. Read the full story: www.taxnotes.com/featured-new...

Will taxpayers face penalties for relying on bad advice provided by tax departments using generative artificial intelligence? Experts say it's an important question to consider. Read the full investigation: www.taxnotes.com/featured-new...

"It's not merely that the U.S. tax code has never previously applied to a pope," Robert Goulder explains. "It's that no country's tax code has ever previously been an issue to the Vatican. We're in uncharted waters here."

The plaintiffs’ argument for an injunction preventing the IRS from mass sharing confidential taxpayer information with immigration authorities fails because the agency followed the tax information privacy law, the government argued. Read more: www.taxnotes.com/tax-notes-to...

Tax code complexity is costing the United States more than $536 billion annually because of the time and money it takes to prepare tax returns, according to the Tax Foundation. Read more: www.taxnotes.com/tax-notes-to...

House and Senate leaders will have to reach a deal on funding for the IRS, OECD, and the Justice Department’s plan to reorganize the Tax Division during the upcoming government funding process. Read more: www.taxnotes.com/tax-notes-to...

Will taxpayers face penalties for relying on bad advice provided by tax departments using generative artificial intelligence? Read more: taxnotes.co/3JyrMmP

"Congress has already gone on its back-to-school shopping spree," Marie Sapirie writes. "In the OBBBA, lawmakers opened a running tab that today’s kindergarteners probably won’t appreciate in the years to come." www.forbes.com/sites/taxnot...

Why does the U.S. tax code make questions about Pope Leo XIV's tax obligations as the head of Vatican City uniquely challenging? Tax Notes' Robert Goulder explains.

Guidance from the IRS addresses the One Big Beautiful Bill Act’s effect on the application of multiple energy credits and deductions while reiterating that the new tax law “accelerated the expiration” of several credits. Read more: www.taxnotes.com/tax-notes-to...

Campaign contributions to House Ways and Means Committee Republicans jumped by nearly 30 percent, averaging more than $1 million per member as a giant tax bill was crafted and passed. www.taxnotes.com/tax-notes-to...

The IRS didn’t consider individual employee performance when terminating probationary employees early this year and fired thousands who hadn’t received performance ratings for their position, an agency watchdog found. Read more: www.taxnotes.com/featured-new...

Hundreds of thousands of taxpayers who are victims of identity theft and are facing long waits to get their refunds. Staff reductions and budget cuts could make things worse. My latest for @taxnotes.com bit.ly/4fL6wGc

"I think that the threat to revoke exempt status is simply another cudgel to get these universities to settle," Ellen Aprill said. Check out the full conversation 👇