Tag: revenue_procedure_2026_25

IRS and Treasury Announce Gift Tax Reporting Safe Harbor for Trump Accounts

29 Jun 2026 12:19 p.m.

The IRS and Treasury Department have issued a safe harbor, exempting certain contributions to Trump accounts from gift tax reporting. This relief, under the Working Families Tax Cuts, simplifies donations and reduces burdens for families supporting these accounts.

Politics and Government USA Federal Government General Politics Economy Legal Social Issues IRS Treasury Department Trump Accounts Gift Tax Working Families Tax Cuts Revenue Procedure 2026-25 Taxation