Latest updates for Cfr26

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Recent items include:

  • Revenue Procedure 2026-26: Technical Overview of 2027 Indexing Adjustments for Premium Tax Credits and Affordability Sta
  • Immigration Status Restrictions on Refundable Individual Tax Credits: Analyzing the Preamble and Provisions of REG-11988
  • Treasury’s Excluded Property Sales Income Regulations under Section 250: Deconstructing the Proposed Guidance for Tax Pr

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currentfederaltaxdevelopments.com /1 month ago

Revenue Procedure 2026-26: Technical Overview of 2027 Indexing Adjustments for Premium Tax Credits and Affordability Sta...

Rev. Proc. 2026-26, July 21, 2026 The Internal Revenue Service has issued Revenue Procedure 2026-26 to establish the necessary indexing adjustments for the 2027 calendar year....

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currentfederaltaxdevelopments.com /4 days ago

Immigration Status Restrictions on Refundable Individual Tax Credits: Analyzing the Preamble and Provisions of REG-11988...

Notice of Proposed Rulemaking, REG-119882-25, RIN 1545-BS06, ‘Application of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 to the Refunded Portion...

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currentfederaltaxdevelopments.com /4 days ago

Treasury’s Excluded Property Sales Income Regulations under Section 250: Deconstructing the Proposed Guidance for Tax Pr...

Application of Section 250(b)(3)(A)(i)(VII) to Sales or Other Dispositions of Property, REG-117130-25, 91 Fed. Reg. _____ (proposed Aug. 20, 2026) (to be codified at 26 C.F.R....

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currentfederaltaxdevelopments.com /3 weeks ago

Transitioning Foreign Tax Allocations and Implementing the Ten Percent Credit Disallowance Under Section 960(d)(4)

Section 898(c) Transition Rule for Allocating Foreign Taxes and Section 960(d)(4) Foreign Tax Credit Disallowance, REG-115145-25, July 31, 2026 The Department of the Treasury...

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currentfederaltaxdevelopments.com /2 weeks ago

The Permanent Section 45S Paid Family and Medical Leave Credit: Analyzing the Statutory Wage Method Mechanics and the Ne...

Notice 2026-28, 2026-28 I.R.B. 1 (Aug. 5, 2026) The enactment of the One, Big, Beautiful Bill Act (OBBBA), Pub. L. No. 119-21, 139 Stat. 72 (July 4, 2025), has fundamentally r...

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currentfederaltaxdevelopments.com /2 weeks ago

Employer Contributions to Trump Accounts and Nondiscrimination Rules under REG-101355-26: A Technical Analysis for Tax P...

Employer Contributions to Trump Accounts and Nondiscrimination Rules for Dependent Care Assistance Programs, REG-101355-26, 91 FR 16314 (proposed Aug. 11, 2026) The Departme...

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currentfederaltaxdevelopments.com /1 week ago

Treasury Proposes Substantive Section 987 Relief for Controlled Foreign Corporations: Analysis of the CFC Exemption Elec...

Foreign Currency Gain or Loss of Controlled Foreign Corporations, REG-103844-26, 91 Fed. Reg. (proposed Aug. 14, 2026) On August 13, 2026, the Department of the Treasury and t...

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currentfederaltaxdevelopments.com /1 month ago

Technical Review of Announcement 2026-11 Regarding Revised Standard Mileage Rates

Announcement 2026-11, 2026-4 I.R.B. 378, July 10, 2026 The Internal Revenue Service has issued Announcement 2026-11, which serves as a formal modification to the previously is...

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currentfederaltaxdevelopments.com /1 month ago

ERC Refund Claims and the Pleading Standard for Government Orders: Analysis of Region IV Mental Health Services v. Unite...

Region IV Mental Health Services v. United States, No. 3:26-CV-12-RPC-JMV, 2026 WL ___ (N.D. Miss. July 1, 2026) The controversy in Region IV Mental Health Services v. United...

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currentfederaltaxdevelopments.com /1 month ago

Economic Risk of Loss and Conditional Deficit Restoration Obligations

Chief Counsel Advice Memorandum Number: 202628009, Office of Chief Counsel, Internal Revenue Service (Written: May 29, 2026, Redacted Version Released: July 10, 2026) The ma...

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currentfederaltaxdevelopments.com /1 month ago

The Section 530A Transfer Tax Safe Harbor: Analyzing Revenue Procedure 2026-25

Rev. Proc. 2026-25 (June 29, 2026), 26 CFR 601.601; IRC §§ 530A, 2010, 2503, 2505, 2642, 2662, 6019 Under Revenue Procedure 2026-25, the Internal Revenue Service (IRS) has e...

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currentfederaltaxdevelopments.com /4 weeks ago

Understanding the ERC Pleading Standard: Federal Claims Court Deferral in I Health and Life Insurance Services

I Health and Life Insurance Services v. United States, No. 25-1315T, United States Court of Federal Claims, July 23, 2026 For tax professionals advising clients on the Employe...

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currentfederaltaxdevelopments.com /3 days ago

Implementing Trump Account Eligible Investments: An Analytical Analysis of the Proposed Regulations

Guidance on Eligible Investments for Trump Accounts, CC-00349938-26, RIN 1545-BS14, 26 CFR Part 1, FR Doc. 2026-17123 (Filed Aug. 20, 2026, 8:45 a.m., published Aug. 21, 2026)....

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