IRS

The Internal Revenue Service has announced the postponement of certain tax-related deadlines for winter storm Fern in the state of Tennessee until May 22, 2026.

The Internal Revenue Service has released an updated draft Form 8955-SSA, Annual Registration Statement Identifying Separated Participants With Deferred Vested Benefits. 

The Internal Revenue Service has posted a draft 2026 tax year Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.

The Internal Revenue Service has posted a draft 2026 tax year Form 5498, IRA Contribution Information.

The Internal Revenue Service has issued a draft Form 5498-TA, Trump Account Contribution Information, which will be used by trustees to report tax year contributions to Trump accounts. 

The Internal Revenue Service has issued two coordinated proposed regulations that begin to define how Trump accounts will operate.

The Internal Revenue Service has issued Revenue Ruling 2026-07 which contains the applicable federal rates for April 2026. 

The Internal Revenue Service has issued Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities to be used for tax year 2026.

The Department of Treasury and Internal Revenue Service have issued a proposed rule providing guidance on how an election to open a Trump account is made on behalf of an eligible individual. 

Representatives Glenn Grothman (R-WI) and Don Norcross (D-NJ) have introduced H.R. 7362, the Form 5500 Simplification Act.