Get updates from Current Federal Tax Developments via email, on your phone or read them on follow.it on your own custom news page.
You can filter the news from Current Federal Tax Developments that get delivered to you using tags or topics or you can opt for all of them. Unsubscription is also very simple.
See the latest news from Current Federal Tax Developments below.
Site title: Current Federal Tax Developments
Is this your feed? Claim it!
Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, H.R. 5334, 119th Cong. (2026) (enrolled bill transmitted to the President Sept. 17, 2027); 26 U.S.C. § 62(a)(2)(D), (d)(1).
H.R. 5334, designated as the “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” represents a statutory measure originating in the 119th Congress. Introduced by Represent...
Soroban Capital Partners LP v. Commissioner of Internal Revenue, Nos. 25-2079 (L), 25-2250 (CON) (2d Cir. Sept. 17, 2026), aff’g 161 T.C. 310 (2023), and T.C.M. (RIA) 2025-52.
K Alain, L.L.L.P. v. Commissioner of Internal Revenue, No. 24-60240, 184 F.4th 766 (5th Cir. Aug. 12, 2026), granting reh’g, withdrawing and substituting
H.R. 9500, 119th Cong., 2d Sess. (2026), passed the House of Representatives on September 15, 2026
On September 15, 2026, the United States House of Representatives passed H.R. 9500, titled the “Tax Relief for Fraud Victims Act”. Introduced by Representative Max Miller (OH) alongside Representative Thomas Suozzi (NY), the prop...
Notice 2026-54, 2026-41 I.R.B. 1 (Sept. 28, 2026)
The Internal Revenue Service (IRS) issued Notice 2026-54 to provide critical relief under Section 1033(e)(2) of the Internal Revenue Code (I.R.C.) for agricultural producers who were forced to sell draft, breeding, or dairy livestock due to persistent drought conditions. Under general tax principles, gain reali...
Darrin Johnson, Jr. v. Internal Revenue Service, No. 1:25-cv-02117 (D. Md. Sept. 11, 2026)
For tax professionals advising clients on tax controversy and refund claims, maintaining strict adherence to statutory filing formalities is paramount. In Darrin Johnson, Jr. v. Internal Revenue Service, No. 1:25-cv-02117 (D. Md. Sept. 11, 2026), the United Stat...