The Tax Adviser
- IRS provides guidance on rollovers between retirement plans and IRAs August 12, 2026Use of the sample forms and proposed rollover procedures in the guidance is optional for plan sponsors.
- IRS staffing cuts delayed paper returns and refunds, report says August 12, 2026For most taxpayers, the 2026 filing season was normal, a government report says. Those who filed paper returns or relied on paper refund checks faced delays because of a smaller IRS workforce and technology problems.
- Final rule will eliminate BOI reporting for US entities August 12, 2026Treasury said a final rule will permanently end beneficial ownership information reporting requirements for U.S. companies and U.S. persons under the Corporate Transparency Act.