Here you'll find items of current interest — new programs, recent guidance or timely reminders.
New relief for eligible taxpayers affected by ongoing events in Israel
Due to the ongoing conflict in Israel, the IRS is providing additional tax relief to affected individuals and businesses, postponing until Sept. 30, 2027, a wide range of deadlines for filing federal returns, making tax payments and performing other time-sensitive tax-related actions.
IRS launches new mobile app
The IRS announced the launch of the new IRS mobile app, replacing IRS2Go and expanding the agency’s digital services to give taxpayers more ways to securely access IRS tools and account services from their mobile devices. IRS app is free and available through the Apple App Store and Google Play.
Tax scams targeting the tribal community
The IRS warns taxpayers, tribal communities, businesses and tax professionals about promoters selling fake “Tribal Tax Credits” that do not exist under federal law. Promoters are falsely claiming that these credits can reduce federal tax liabilities or generate refunds. These federal tax credits do not exist, and taxpayers who claim them may face civil and criminal penalties.
Tax relief extension for farmers and ranchers
The IRS issued guidance that provides an extension of tax relief for farmers and ranchers in most states and other regions who sold or exchanged livestock because of drought conditions. Under the guidance, those affected may take more time to replace their livestock and defer tax on any gains from the forced sales or exchanges.
IRS online tools
The IRS encourages taxpayers to explore the growing number of secure, self-service options available on IRS.gov that can help taxpayers, businesses, and tax professionals get tax information and take action online, such as Direct Pay, IRS Individual Online Account, Business Tax Account, Tax Pro account, and other helpful online tools and resources.
Reminder for extension filers
The IRS reminds taxpayers who requested an extension to file their 2025 federal tax return as soon as possible, rather than waiting until the Oct. 15 deadline. IRS Free File remains available through the filing deadline.
New platform for information return e-file system
The IRS reminds information return filers who currently use the Filing Information Returns Electronically (FIRE) system to prepare now for the system’s retirement and transition to the Information Returns Intake System (IRIS) before the 2027 filing season.
Interest rates remain the same for the fourth quarter of 2026
The IRS announced that interest rates will remain the same for the calendar quarter beginning Oct. 1, 2026.
Simplified rollover process for retirement accounts
The Department of the Treasury and the IRS provided guidance to simplify and standardize the rollover process by issuing sample forms for direct rollovers to or from a retirement plan, as required under the SECURE 2.0 Act section 324.
Saver’s Match program
The Department of the Treasury and the IRS issued Notice 2026-48 PDF announcing an intent to propose regulations regarding the federal Saver’s Match program, which begins in 2027. The notice describes anticipated Saver’s Match rules and requests comments from the public for future proposed regulations.
New automatic process simplifies penalty relief for taxpayers
The IRS announced the new Automatic Exemption from Penalty process to provide penalty relief for taxpayers with a history of filing and paying on time, designed to simplify the process and reduce burden for those with a timely compliance history.
Offer in compromise
Eligible taxpayers may be able to resolve tax debt through an offer in compromise, an agreement between a taxpayer and the IRS that settles a tax debt for less than the full amount owed.
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 have already filed.
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.
Updated Tax Withholding Estimator
The IRS unveiled enhancements to the IRS Tax Withholding Estimator to reflect changes to credits and deductions under the Working Families Tax Cuts.
Working Families Tax Cuts
News releases
- Treasury, IRS issue proposed regulations on installment payments for tax on certain farmland sales
- Treasury, IRS issue proposed regulations on eligible investments for Trump Accounts under the Working Families Tax Cuts
- Treasury, IRS issue proposed regulations on employer contributions to Trump Accounts under the Working Families Tax Cuts
- Treasury, IRS Issue Guidance on the Permanent Expansion of Paid Family and Medical Leave under the Working Families Tax Cuts
- Treasury, IRS provide safe harbor for certain contributions to Trump Accounts under the Working Families Tax Cuts
- More than half the U.S. States signed up to participate in the federal scholarship tax credit program
- Taxpayers can now view and submit Trump Account elections in their IRS Individual Account
- New Schedule 1-A and Form 1040 instructions show how taxpayers will claim important deductions
- Supplemental basic allowance for housing payments to members of the military are not taxable
- Improvements to the Adoption Tax Credit
Fact sheets
- IRS updates FAQs on qualified overtime deduction
- Updates to questions and answers about the new deduction for qualified overtime compensation PDF
- Updates to frequently asked questions about educational assistance programs
- What you will need to file your taxes
- 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
- FAQs on Form 1099-K threshold
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.