News & Updates

What's moving in tax and accounting.

A curated look at IRS announcements, tax-practitioner coverage, and accounting-standards developments.

Federal Tax News

Recent news releases from the IRS Newsroom.

Source: irs.gov/newsroom

IRS Newsroom May 29, 2026

IRS releases new look-back interest calculator for long-term contracts

The Internal Revenue Service today announced the release of a new calculator to help businesses working on large, multi-year construction or manufacturing projects more easily figure interest related to those contracts.
IRS Newsroom May 29, 2026

Treasury, IRS issue Section 892 proposed regulations to provide grandfathering protection and transitional relief to sovereign investors

The Department of the Treasury and the Internal Revenue Service today issued additional guidance addressing the applicability dates of recent proposed regulations under Section 892 of the Internal Revenue Code, which…
IRS Newsroom May 28, 2026

Taxpayers can now view and submit Trump Account elections in their IRS Individual Account

The IRS today announced new features in IRS Individual Accounts that allow taxpayers to view and submit Trump Account elections, making it easier to invest in these tax-advantaged accounts.
IRS Newsroom May 27, 2026

IRS to offer Saturday hours at Taxpayer Assistance Centers May 30

The Internal Revenue Service today announced it will offer Saturday hours at select Taxpayer Assistance Centers on May 30.
IRS Newsroom May 22, 2026

IRS CEO Frank J. Bisignano visits Ohio to tout Working Families Tax Cuts provisions on no tax on car loan interest, no tax on overtime, enhanced deduction for senior citizens

Internal Revenue Service Chief Executive Officer Frank J. Bisignano and Senator Bernie Moreno (OH) toured the Cleveland area today to highlight Working Families Tax Cuts Act provisions on no tax on car loan interest, no…
IRS Newsroom May 13, 2026

IRS announces terms of a time-limited settlement opportunity for eligible taxpayers involved in conservation easement disputes

The Internal Revenue Service is announcing the terms of a time-limited settlement opportunity for eligible taxpayers involved in conservation easement or historic preservation easement disputes with the IRS.
IRS Newsroom May 6, 2026

Apply for a Low Income Taxpayer Clinic grant to serve taxpayers in your community

The Low Income Taxpayer Clinic Program today announced it will accept applications for LITC matching grants from all qualified organizations from May 6, 2026, to July 6, 2026.
IRS Newsroom May 6, 2026

IRS updates conservation easement site; settlement opportunity details forthcoming

The Internal Revenue Service today announces updates to its Conservation Easement page, expanding information on abusive conservation easement transactions, recent court decisions, and warning signs for investors.
IRS Newsroom May 5, 2026

IRS requests applications for 2027 IRSAC membership

The Internal Revenue Service is accepting applications for the Internal Revenue Service Advisory Council through June 5, 2026.
IRS Newsroom May 29, 2026

IRS recognizes importance of small businesses, provides helpful resources

IR-2026-61 May 5, 2026 — The Internal Revenue Service today announced a series of resources and events to support small businesses during National Small Business Week, which runs through May 9.
IRS Newsroom May 29, 2026

IRS seeking applications for Tax Counseling for the Elderly and Volunteer Income Tax Assistance program grants

IR-2026-60 May 1, 2026 — The Internal Revenue Service is now accepting applications for the Tax Counseling for the Elderly and Volunteer Income Tax Assistance grants.
IRS Newsroom May 29, 2026

News release and fact sheet archive

Find previous year news releases and fact sheets from 1997 through last month.

View all on irs.gov/newsroom →

Louisiana Tax News

Announcements from the Louisiana Department of Revenue.

Source: revenue.louisiana.gov

Louisiana DOR May 11, 2026

Louisiana state income tax deadline is May 15

BATON ROUGE – The deadline for 2025 Louisiana state income tax is Friday, May 15.
Louisiana DOR Apr 14, 2026

LDR New Orleans regional office moves to new location

BATON ROUGE – The Louisiana Department of Revenue (LDR) is now providing walk-in customer service at a new location for New Orleans-area taxpayers.
Louisiana DOR Apr 2, 2026

Married Louisiana couple arrested for felony tax fraud

BATON ROUGE – A married Louisiana couple face felony charges for a scheme to steal tens of thousands of dollars in fraudulent state tax refunds.
Louisiana DOR Mar 30, 2026

LDR New Orleans regional office relocates

BATON ROUGE – Beginning Monday, April 13, 2026, the Louisiana Department of Revenue (LDR) will provide walk-in customer service to New Orleans-area taxpayers at a new location.
Louisiana DOR Feb 18, 2026

State tax relief available to Louisiana residents affected by January winter storm

BATON ROUGE – The Louisiana Department of Revenue is granting automatic filing and payment extensions to state taxpayers affected by severe winter weather in January 2026.
Louisiana DOR Feb 5, 2026

USPS Postmark Changes May Affect Timely Tax Filings and Payments

BATON ROUGE – The Louisiana Department of Revenue (LDR) is advising taxpayers of a change in how the U.S. Postal Service (USPS) applies postmarks to mailed items. This change may affect whether certain mailed tax…
Louisiana DOR Jan 19, 2026

Louisiana state income tax filing begins Monday, Jan. 26

BATON ROUGE – The Louisiana Department of Revenue (LDR) will begin accepting 2025 state individual income tax returns on Monday, Jan. 26, 2026.
Louisiana DOR Dec 10, 2025

Monroe tax preparer arrested for fraud

BATON ROUGE – A Monroe woman faces multiple felony charges for a fraud scheme to steal tens of thousands of dollars in state income tax refunds.
Louisiana DOR Dec 4, 2025

State expands electronic filing and payment mandate for business taxes

BATON ROUGE – Beginning Jan. 1, 2026, the Louisiana Department of Revenue will expand its electronic filing and payment mandate to business tax returns, forms, payments and fees including all withholding taxes and most…
Louisiana DOR Oct 6, 2025

Louisiana Department of Revenue to stop accepting cash payments

BATON ROUGE – The Baton Rouge office of the Louisiana Department of Revenue (LDR) will stop accepting cash payments effective Nov. 1, 2025.

View all on revenue.louisiana.gov →

Tax Practitioner News

Tax developments covered by the Journal of Accountancy and The Tax Adviser.

Source: Journal of Accountancy · The Tax Adviser

The Tax Adviser May 27, 2026

IRS to develop system to track missing payments, TIGTA says

The report from the Treasury Inspector General for Tax Administration finds that manual tracking and uneven workloads slow resolution of cases of unidentified payments.
The Tax Adviser May 26, 2026

IRS overtime rose 12% in 2025 while workforce dropped, TIGTA says

Taxpayer Services staff handling calls, correspondence, and other tasks logged most of the overtime, the report from the Treasury Inspector General for Tax Administration said.
The Tax Adviser May 21, 2026

IRS stops billions in identity theft refunds but needs data earlier, report says

A report from the Treasury Inspector General for Tax Administration found that delayed 1099-R and W-2G filings limit the IRS’s ability to spot refund fraud early.
Journal of Accountancy May 20, 2026

Jan Lewis elected AICPA chair

The tax partner at BMSS Advisors is elected to the one-year volunteer post at AICPA spring Council, succeeding Lexy Kessler. Lindsay Stevenson is elected vice chair.
The Tax Adviser May 20, 2026

AICPA supports bills to limit BOI reporting to foreign-owned entities

The AICPA said the changes would ease the compliance load on CPAs who help small businesses navigate federal reporting rules.
The Tax Adviser May 20, 2026

Worried about that CP53E QR code? IRS updates FAQs

The IRS expanded its CP53E guidance with fresh information on QR code security, online account access problems, and how taxpayers can confirm successful bank account updates.
Journal of Accountancy May 20, 2026

Worried about that CP53E QR code? IRS updates FAQs

The IRS expanded its CP53E guidance with fresh information on QR code security, online account access problems, and how taxpayers can confirm successful bank account updates.
The Tax Adviser May 19, 2026

Final regs. modify reporting obligations for Form 8308, Part IV

The final regulations published Tuesday by the IRS stick with the proposed regulations that modify information-reporting obligations for Part IV of Form 8308, Report of a Sale or Exchange of Certain Partnership…
Journal of Accountancy May 19, 2026

Final regs. modify reporting obligations for Form 8308, Part IV

The final regulations published Tuesday by the IRS stick with the proposed regulations that modify information-reporting obligations for Part IV of Form 8308, Report of a Sale or Exchange of Certain Partnership…
The Tax Adviser May 15, 2026

AICPA submits nearly 200 recommendations for IRS guidance plan

The organization highlighted top technical issues across 10 areas and urged the IRS to prioritize tax simplification.
Journal of Accountancy May 15, 2026

AICPA submits nearly 200 recommendations for IRS guidance plan

The organization highlighted top technical issues across 10 areas and urged the IRS to prioritize tax simplification.
The Tax Adviser May 14, 2026

Taxpayers advised they can ignore CP53E notice — after verifying error

The IRS’s sending of about 1.4 million CP53E notices sparked concerns about errors and fraud. A release from the Taxpayer Advocate Service urged taxpayers to verify their accounts directly on IRS.gov.
Journal of Accountancy May 14, 2026

Taxpayers advised they can ignore CP53E notice — after verifying error

The IRS’s sending of about 1.4 million CP53E notices sparked concerns about errors and fraud. A release from the Taxpayer Advocate Service urged taxpayers to verify their accounts directly on IRS.gov.
The Tax Adviser May 13, 2026

IRS announces terms of new conservation easement settlement opportunity

The terms of the new, time-limited settlement opportunity include the type and amount of deduction that eligible taxpayers will be allowed and the penalty rate that will apply.
Journal of Accountancy May 13, 2026

IRS announces terms of new conservation easement settlement opportunity

The terms of the new, time-limited settlement opportunity include the type and amount of deduction that eligible taxpayers will be allowed and the penalty rate that will apply.

View all on Journal of Accountancy · The Tax Adviser →

Accounting Standards

FASB and GASB developments translated for practitioners.

Source: Journal of Accountancy

Journal of Accountancy May 27, 2026

IRS to develop system to track missing payments, TIGTA says

The report from the Treasury Inspector General for Tax Administration finds that manual tracking and uneven workloads slow resolution of cases of unidentified payments.
Journal of Accountancy May 26, 2026

IRS overtime rose 12% in 2025 while workforce dropped, TIGTA says

Taxpayer Services staff handling calls, correspondence, and other tasks logged most of the overtime, the report from the Treasury Inspector General for Tax Administration said.
Journal of Accountancy May 22, 2026

GASB seeks new board member

The candidate selected for the part-time position will begin a five-year term in 2027.
Journal of Accountancy May 21, 2026

IRS stops billions in identity theft refunds but needs data earlier, report says

A report from the Treasury Inspector General for Tax Administration found that delayed 1099-R and W-2G filings limit the IRS’s ability to spot refund fraud early.
Journal of Accountancy May 19, 2026

FASB issues standard for clarifying environmental credit disclosures

FASB’s chair said that the Accounting Standards Update features guidance “that previously did not exist” related to environmental credits and environmental credit obligations.

View all on Journal of Accountancy →