IRS Posts Draft of 2026 Instructions for Forms 1099-R and 5498

(June 18, 2026) The IRS has released draft form of the 2026 Instructions for Forms 1099-R…

2027 HSA COLAs Issued

(May 29, 2026) The IRS issued Revenue Procedure 2026-24 to announce the 2027 cost-of-living adjustments (COLAs)…

The IRS Releases Guidance on Qualified Long-Term Care Distributions from Retirement Plans

(May 26, 2026) On May 20, 2026, the IRS issued Notice 2026-33 to provide guidance for…

IRS Offers Alternative for Certain Broker-Dealers to Obtain Nonbank Trust Power

(May 22, 2026) Banks, credit unions, and certain other financial organizations are automatically authorized to…

Executive Order Promotes “Saver’s Match” in IRAs

On April 30, 2026, the President issued an executive order that seeks to encourage low-…