What can I do in the new IRS app? On Sept. 25, 2026 the IRS retired IRS2Go and launched a new IRS app that connects to selected Individual Online Account features — refunds, balances, payments, notices, transcripts, and your Identity Protection PIN — from your phone. For more than a decade the mobile face of…
Do I get more time to replace drought-sold livestock under the 2026 IRS notice? If the county where you sold, or any contiguous county, is on the Notice 2026-54 Appendix, yes. The IRS treats the 12-month period ending August 31, 2026 as not a drought-free year, so the section 1033(e) four-year replacement period is extended…
What are the 2026 retirement plan limits? The 401(k) elective deferral limit rises to $24,500, the age-50 catch-up to $8,000, and a new “super catch-up” lets employees aged 60–63 add $11,250. The 2026 retirement plan limits also bring a major SECURE 2.0 change: high earners must now make catch-up contributions as Roth. If you sponsor…
What are the new 2026 tips and overtime deduction rules for employers? For tax years 2025 through 2028, employees can deduct up to $25,000 of qualified tips and up to $12,500 of qualified overtime pay ($25,000 for joint filers). The tips and overtime deduction is claimed on the employee’s return, but it creates new payroll…
