Tag: frank_j_bisignano
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Treasury and IRS Propose Rules for Four-Year Installment Payments on Farmland Sale Gains
Proposed regulations would let eligible taxpayers who sell qualifying farmland to active farmers pay tax on the gain in four equal annual installments, with comments due Nov. 30, 2026.
Politics and GovernmentBusinessUSAFederal GovernmentEconomyAgricultureLegal IRSfarmland salesinstallment paymentsproposed regulationsSection 1062Working Families Tax CutsFrank J. Bisignano
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Treasury and IRS Propose Rules for Four-Year Installment Tax Payments on Farmland Sales
Proposed regulations would let eligible sellers of qualifying farmland to active farmers pay tax on the gain in four equal annual installments, with comments due Nov. 30, 2026.
Politics and GovernmentBusinessUSAFederal GovernmentEconomyAgricultureLegal IRSfarmland salesinstallment paymentsproposed regulationsSection 1062Frank J. BisignanoWorking Families Tax Cuts
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IRS Launches New Mobile App, Replacing IRS2Go With Secure Account Access
The IRS launched a new mobile app replacing IRS2Go, adding secure sign-in for refund checks, payments, notices, transcripts and IP PINs, with more features planned over time.
Politics and GovernmentScience & TechnologyBusinessFederal GovernmentComputers and InternetEconomySocial Issues IRSIRS mobile appIRS2GoFrank J. BisignanoIndividual Online AccountIdentity Protection PINtaxpayers
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IRS Launches New Mobile App, Replacing IRS2Go With Expanded Account Access
The IRS has launched a new mobile app replacing IRS2Go, adding secure sign-in and selected Individual Online Account services like refund status, payments, notices and IP PIN access.
Politics and GovernmentScience & TechnologyUSAFederal GovernmentComputers and InternetEconomy IRSIRS mobile appIRS2GoFrank J. BisignanoIndividual Online AccountIdentity Protection PINtaxpayers
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IRS Wraps Up 2026 Nationwide Tax Forums With Nearly 13,000 Attendees
The IRS closed its five 2026 Tax Forums in San Diego with nearly 13,000 attendees, resolving 1,165 cases and covering AI, digital assets and Working Families Tax Cuts provisions.
Politics and GovernmentBusinessUSAFederal GovernmentEconomyEmployment and LaborArtificial IntelligenceEducation IRSNationwide Tax ForumsFrank J. BisignanoTaxpayer Advocate ServiceWorking Families Tax CutsTax ProfessionalsSan Diego
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IRS Wraps Up 2026 Nationwide Tax Forums With Nearly 13,000 Attendees
The IRS closed its five-city 2026 Tax Forums in San Diego with nearly 13,000 attendees, resolving 1,165 cases and covering AI, digital assets and Working Families Tax Cuts provisions.
BusinessPolitics and GovernmentUSAFederal GovernmentEconomyEmployment and LaborArtificial IntelligenceEducation IRSNationwide Tax ForumsFrank J. BisignanoTaxpayer Advocate ServiceWorking Families Tax CutsTax professionalsSan Diego
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IRS Warns Tribal Communities of Fake "Tribal Tax Credit" Schemes
IRS warns taxpayers and tribal communities about promoters selling nonexistent "Tribal Tax Credits," which can lead to civil and criminal penalties for those who claim them.
Politics and GovernmentLaw EnforcementFederal GovernmentLegalSocial IssuesEconomy IRSTribal Tax Creditstax scamsFrank J. BisignanoNew Markets Tax Credittax fraudtribal communities
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IRS Warns Tribal Communities of Fake "Tribal Tax Credit" Schemes
IRS warns taxpayers and tribal communities about promoters selling nonexistent "Tribal Tax Credits," which can't reduce federal tax bills or generate refunds and may trigger civil and criminal penalties.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalEconomySocial Issues IRSTribal Tax Creditstax scamsFrank J. BisignanoNew Markets Tax CreditForm 14242tribal communities
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IRS and Security Summit Warn Tax Pros to Stay Vigilant Against Identity Theft
IRS and Security Summit partners close the "Protect Your Clients; Protect Yourself" series with a warning that tax professionals remain prime targets for identity thieves and a reminder to report breaches fast.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyLegalComputers and InternetSocial Issues IRSSecurity Summitidentity thefttax professionalsphishingFrank J. BisignanoIdentity Protection PIN
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IRS and Security Summit Warn Tax Pros to Stay Vigilant Against Identity Theft
IRS and Security Summit partners close their five-week "Protect Your Clients; Protect Yourself" series with a warning that tax professionals remain prime targets for identity thieves.
BusinessLaw EnforcementFederal GovernmentComputers and InternetLegalEconomy IRSSecurity Summitidentity thefttax professionalsphishingFrank J. BisignanoIdentity Protection PIN
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IRS Extends Drought Tax Relief for Farmers and Ranchers in 49 States
IRS Notice 2026-54 extends livestock replacement deadlines for drought-hit farmers and ranchers across 49 states, letting them defer tax on forced sales of breeding, dairy and draft animals.
Politics and GovernmentBusinessAgricultureFederal GovernmentEconomyEnvironmentLegal IRSdrought tax relieffarmers and rancherslivestock replacement periodNotice 2026-54Frank J. Bisignanocapital gains deferral
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IRS Extends Drought Tax Relief for Farmers and Ranchers in 49 States
IRS Notice 2026-54 extends the livestock replacement period for farmers and ranchers in 49 states and other regions hit by drought, letting them defer tax on forced sales.
Politics and GovernmentBusinessAgricultureFederal GovernmentEconomyEnvironmentLegal IRSdrought tax relieffarmers and rancherslivestock replacement periodNotice 2026-54Frank J. Bisignanocapital gains deferral
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Social Security Administration Marks 25th Anniversary of September 11 Attacks
SSA honors nearly 3,000 lives lost on September 11, 2001, recalling emergency claims procedures that processed more than 5,000 disaster-related claims by December 2001.
Politics and GovernmentUSAFederal GovernmentSocial IssuesLaw EnforcementLegal Social Security AdministrationSeptember 11 attacksFrank J. Bisignano9/11 Memorial and Museumsurvivors benefitsdisaster-related claimsBaltimore
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IRS reminds taxpayers Direct Pay offers free, secure way to pay taxes
The IRS says Direct Pay lets taxpayers pay federal taxes free from a bank account, with no sign-in or registration, and supports same-day or scheduled payments up to 365 days ahead.
Politics and GovernmentBusinessScience & TechnologyFederal GovernmentBankingComputers and InternetEconomy IRSDirect PayTaxesFrank J. BisignanoElectronic Federal Tax Payment SystemTaxpayersOnline payments
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IRS Urges Paycheck Checkup for National Payroll Week
The IRS encourages workers to review tax withholding and employers to check payroll responsibilities during National Payroll Week, Sept. 7-11. Utilize IRS tools like the Tax Withholding Estimator and attend a webinar for updates.
Politics and GovernmentBusinessFederal GovernmentEconomyEmployment and LaborLegal IRSNational Payroll WeekPayrollWithholdingEmployment TaxFrank J. BisignanoTax System
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IRS CEO Engages New York Tax Professionals on Administration and Filing Season Success
IRS CEO Frank J. Bisignano met with New York tax professionals to discuss tax administration, the successful 2026 filing season, and future improvements, including Trump Accounts and Working Families Tax Cuts.
Politics and GovernmentBusinessFederal GovernmentEconomyLegalEducation IRSFrank J. BisignanoTax ProfessionalsNew York CityTax AdministrationWorking Families Tax CutsTax Filing Season
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Social Security Administration Celebrates 91 Years with Transformative Service Improvements
The Social Security Administration marks 91 years, announcing significant customer service improvements. Commissioner Frank J. Bisignano's digital-first strategy led to reduced wait times, increased online services, and a $16 billion saving.
Politics and GovernmentBusinessFederal GovernmentGeneral PoliticsEconomySocial IssuesEmployment and Labor Social Security AdministrationCustomer ServiceDigital TransformationFrank J. BisignanoDisability BenefitsAnniversaryBaltimore
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Social Security Adds 14 Conditions to Compassionate Allowances List
The Social Security Administration has added 14 new conditions to its Compassionate Allowances list, accelerating disability applications for those with severe medical conditions. This expansion brings the total to 314 conditions, streamlining support for over 1.2 million people.
Politics and GovernmentHealthScience & TechnologyFederal GovernmentMedical ScienceComputers and InternetSocial Issues Social Security AdministrationCompassionate AllowancesDisability benefitsMedical conditionsFrank J. BisignanoHealth ITBaltimore
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IRS Expands Business Tax Account with New Online Management Features
The IRS has expanded its Business Tax Account, offering eligible businesses and organizations enhanced online tools for managing federal tax obligations. New features include digital notices, EIN verification, and payment plan management, aiming for greater convenience and security.
Politics and GovernmentBusinessScience & TechnologyFederal GovernmentEconomyComputers and InternetLegalEducation IRSBusiness Tax AccountOnline ServicesTax ManagementDigital NoticesFederal TaxesFrank J. Bisignano
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IRS Expands Business Tax Account Features for Enhanced Online Tax Management
The IRS has expanded its Business Tax Account, offering eligible entities new online features for managing federal tax obligations. This includes digital notices, EIN verification, and payment options, enhancing convenience and supporting the agency's digital-first strategy.
BusinessPolitics and GovernmentScience & TechnologyFederal GovernmentEconomyComputers and InternetEducationDigital and Print Publishing IRSBusiness Tax Accountonline tax managementdigital servicesFrank J. Bisignanotax paymentsEIN verification
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Treasury and IRS Issue Guidance on Expanded Paid Family and Medical Leave Tax Credit
The Treasury and IRS released guidance on the Working Families Tax Cuts, permanently expanding the employer tax credit for paid family and medical leave. This offers businesses, especially small ones, enhanced incentives to provide up to 12 weeks of paid…
Politics and GovernmentBusinessHealthUSAFederal GovernmentEconomyEmployment and LaborLegalSocial Issues Paid Family and Medical LeaveTax CreditWorking Families Tax CutsIRSTreasury DepartmentScott BessentFrank J. Bisignano
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Social Security Celebrates 70 Years of Disability Insurance Program
The Social Security Administration marks 70 years of its Disability Insurance program, established in 1956 by President Eisenhower. Now supporting over eight million Americans, the SSA continues to enhance services and expand digital access for beneficiaries, ensuring economic security for…
Politics and GovernmentFederal GovernmentSocial IssuesEconomyEmployment and Labor Social Security AdministrationDisability Insurance70th AnniversaryFrank J. BisignanoEconomic SecurityGovernment
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Social Security Administration Celebrates 70 Years of Disability Insurance Program
The Social Security Administration marks the 70th anniversary of its Disability Insurance program, highlighting significant improvements in service delivery, reduced wait times, and enhanced digital access for millions of Americans.
Politics and GovernmentHealthScience & TechnologyFederal GovernmentEmployment and LaborComputers and InternetSocial Issues Social Security AdministrationDisability InsuranceSSDI70th AnniversaryFrank J. BisignanoService DeliveryDigital Services
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Social Security Announces Major SSI Program Improvements
The Social Security Administration's 2026 SSI Annual Report reveals significant program improvements. New initiatives under Commissioner Frank J. Bisignano focus on reducing improper payments, boosting accuracy, and delivering better service for vulnerable Americans.
Politics and GovernmentGeneral PoliticsFederal GovernmentEconomySocial IssuesCongress Social Security AdministrationSupplemental Security IncomeFrank J. BisignanoProgram ImprovementsImproper PaymentsVulnerable PopulationsAnnual Report
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Social Security Administration Unveils Major Online Enhancements for Disability Claims
The Social Security Administration has launched new online tools for disability claimants, including a claim status tracker, digital forms, and expanded notices, aiming to improve access, transparency, and processing efficiency for millions.
Politics and GovernmentHealthScience & TechnologyFederal GovernmentComputers and InternetSocial IssuesEmployment and Labor Social Security AdministrationDisability ClaimsOnline ToolsSelf-ServiceDigital ServicesFrank J. BisignanoJay Ortis
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IRS and Treasury Target Abusive Charitable Remainder Annuity Trust Schemes
The Treasury and IRS issued final regulations identifying certain Charitable Remainder Annuity Trust (CRAT) arrangements as listed transactions. This move targets abusive tax avoidance schemes involving property sales and Single Premium Immediate Annuities, requiring disclosures and imposing penalties.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentGeneral PoliticsEconomyLegalFinancial Markets IRSTreasury DepartmentCharitable Remainder Annuity TrustTax AvoidanceListed TransactionsTax RegulationsFrank J. Bisignano
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IRS and Treasury Target Abusive Charitable Remainder Annuity Trust Schemes with New Regulations
The IRS and Treasury have issued final regulations identifying certain Charitable Remainder Annuity Trust transactions as "listed transactions." This move aims to combat abusive tax avoidance schemes, requiring disclosure from participants and advisors.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyLegalFinancial MarketsEducation IRSTreasuryCharitable Remainder Annuity TrustListed TransactionsTax AvoidanceRegulationsFrank J. Bisignano
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Social Security Administration to Issue Commemorative Cards for America's 250th Anniversary
The Social Security Administration will issue limited-edition commemorative Social Security cards to U.S. newborns from July 2 to December 31, 2026, celebrating America's 250th anniversary. These cards, featuring the Freedom 250 logo, will be distributed through the existing Enumeration at…
Politics and GovernmentLaw EnforcementFederal GovernmentGeneral PoliticsSocial IssuesLegal Social Security AdministrationCommemorative CardsAmerica's 250thNewbornsEnumeration at BirthFrank J. BisignanoDonald J. Trump
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Social Security Administration Reports Historic Service Improvements
The Social Security Administration announced historic service improvements, including reduced wait times and increased online transactions, under Commissioner Frank J. Bisignano's leadership. These advancements reflect a commitment to a digital-first approach and better customer service.
Politics and GovernmentScience & TechnologyFederal GovernmentGeneral PoliticsComputers and InternetEconomySocial Issues Social Security AdministrationFrank J. BisignanoDonald J TrumpService ImprovementsTechnologyDisability ClaimsGovernment
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Social Security Administration Reports Historic Service Improvements
The Social Security Administration reports historic service improvements, including a 75% reduction in 800 Number wait times and a 30% cut in disability claims backlog, under Commissioner Frank J. Bisignano's leadership.
Politics and GovernmentBusinessScience & TechnologyFederal GovernmentEconomyComputers and InternetSocial Issues Social Security AdministrationFrank J. BisignanoService ImprovementsDisability ClaimsMedicareGovernmentPublic Services