Tag: safe_harbor

IRS Eases Gift Tax Reporting for Trump Account Contributions

29 Jun 2026 12:21 p.m.

The IRS and Treasury have announced a new safe harbor, Revenue Procedure 2026-25, to exempt certain Trump account contributions from gift tax reporting, easing the burden on donors and families. This initiative supports the Working Families Tax Cuts.

Politics and Government Business Federal Government Economy Legal Social Issues IRS Treasury Trump Accounts Gift Tax Safe Harbor Working Families Tax Cuts Taxation