Illustration of CRAT listed transactions — a charitable trust document with a caution shield and magnifying glass over an IRS envelope
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CRAT Listed Transactions: IRS Final Rule July 2026

BySW Accounting admin

Are all Charitable Remainder Annuity Trusts still safe to use? Yes — but a specific subset just became a reportable tax shelter. On July 8, 2026, Treasury and the IRS issued final regulations naming certain CRAT listed transactions, requiring participants and material advisors to disclose them or face penalties. Charitable Remainder Annuity Trusts have long…

Illustration of IRS No Tax on Tips final regulations under the One Big Beautiful Bill — Treasury Tipped Occupation Code list and qualified tips definition
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No Tax on Tips Final Regulations: 70+ Occupations, Qualified Tips Guide

BySW Accounting admin

Who qualifies for the No Tax on Tips deduction under the final regulations? The Treasury and IRS issued final regulations on April 10, 2026 (IR-2026-49) implementing the “No Tax on Tips” deduction under the One, Big, Beautiful Bill Act (OBBBA). Workers in 70+ occupations on the Treasury Tipped Occupation Code (TTOC) list can deduct qualified…