IRS releases tax inflation adjustments for tax year 2026, including amendments from the One, Big, Beautiful Bill

IR-2025-103, Oct. 9, 2025 WASHINGTON — The Internal Revenue Service today 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 provides details about these annual adjustments.

IRS to phase out paper tax refund checks starting with individual taxpayers

IR-2025-94, Sept. 23, 2025

WASHINGTON — The Internal Revenue Service, working with the U.S. Department of the Treasury, today announced that paper tax refund checks for individual taxpayers will be phased out beginning on Sept. 30, 2025, as required by Executive Order 14247 to the extent permitted by law. This marks the first step of the broader transition to electronic payments.

The IRS will publish detailed guidance for 2025 tax returns before the 2026 filing season begins. Until further notice, taxpayers should continue using existing forms and procedures, including those filing their 2024 returns on extension of a due date prior to Dec. 31, 2025. Read more

Taxware Systems Annual Seminar for the 2025 Tax Year

Below you will find all the recordings, additional information as well as a list of the prize winners for each session.  This page will be updated with additional recordings and information over the week of the seminar.

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What has changed for IRS PTIN Renewals in 2025?

Important PTIN Renewal Updates from the IRS

It’s time once again for tax professionals to renew their Preparer Tax Identification Numbers (PTINs). This year, the IRS has introduced a major change to the PTIN sign-in process for those with a Social Security number (SSN). Tax preparers will now need to sign in using ID.me, a secure identity verification service already used by other federal and state agencies. The traditional Username and Password login method will soon be discontinued, so all preparers with an SSN must set up an ID.me account to access the Tax Professional PTIN System. Preparers without an SSN will continue using their existing login process.

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Tax professionals can prepare now to assist their clients with reporting proceeds from certain digital asset transactions

Issue Number:  FS-2025-06

The Internal Revenue Service reminds tax professionals that the new form brokers use to furnish statements including proceeds from certain digital asset transactions will be sent to taxpayers in early 2026 but there are steps that can be taken now to help get their clients get ready.

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IRS assesses $162 million in penalties over false tax credit claims tied to social media

Issue Number:    IR-2025-90

WASHINGTON — The Internal Revenue Service is alerting taxpayers about a growing number of fraudulent tax schemes circulating on social media that promote the misuse of credits such as the Fuel Tax Credit and the Sick and Family Leave Credit. These scams have led thousands of taxpayers to file inaccurate or frivolous returns, often resulting in the denial of refunds and steep penalties.

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IRS urges emergency preparedness ahead of peak disaster season

Issue Number:  IR-2025-89

WASHINGTON — As hurricane season peaks and wildfire risks remain high, the IRS urges individuals and businesses to create or update their emergency preparedness plans as part of National Preparedness Month.

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IR-2025-88: Security Summit: IRS reminds tax pros to guard against identity theft as summer series wraps up


Issue Number: IR-2025-88

Inside This Issue

Security Summit: IRS reminds tax pros to guard against identity theft as summer series wraps up

Week 5 of “Protect Your Clients; Protect Yourself” offers tax pros tools and advice to help protect important data.

WASHINGTON — The Internal Revenue Service and the Security Summit partners are closing out the fifth and final week of the “Protect Your Clients; Protect Yourself” awareness series by reminding tax professionals to stay vigilant and strengthen safeguards to protect against identity theft. In the first half of the year there were nearly 300 data breaches reported impacting as many as 250,000 clients.

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Tax pros: EFIN scams don’t sleep

Issue Number: Tax Tip 2025-57

Tax professionals should always remain alert to any scams and protect their client data. A common scam geared towards tax pros aims to collect their Electronic Filing Identification Numbers. Read more

Preparing for Future Tip and Overtime Income

The IRS has announced that no changes will be made to Form W-2 or other information returns regarding overtime and tip wages for Tax Year 2025, as part of the phased implementation of the One Big Beautiful Bill Act (OBBBA). This decision ensures stability for the upcoming tax season, allowing employers and payroll providers to continue using current procedures for reporting and withholding. For more details, visit the IRS announcement at IRS announces no changes to individual information returns or withholding tables for 2025 under the One Big Beautiful Bill Act | Internal Revenue Service. 

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