Person
Frank Bisignano is Commissioner of the U.S. Internal Revenue Service, having previously served as CEO of payments firm Fiserv.
Justice Department prosecutors and IRS-CI said their first tax enforcement surge reached 76 defendants over more than $490 million of intended losses. In the one case officials detailed, the IRS paid about 58% of the refunds claimed.
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Social Security will raise benefits 3.6% in 2027 for more than 75 million Americans, the largest increase in four years. Advocates say it will not restore purchasing power already lost, and one group backs two bills to change the index.
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Georgia wrote its merchant acquirer charter in 2012, Fiserv processed the first transaction under one in April 2025, and Stripe opened for business in May 2026. All three firms are keeping their sponsor banks.
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The IRS published 45Z's 2026 emissions rate table this week and, in Notice 2026-53, a safe harbor for 2025 fuel. The Energy Department is still building the manure updates to the model that sizes each credit.
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The proposed rule reaches admissions, scholarships and facilities. The first money out the door is a donor's deduction on a gift earmarked for the aid the rule targets, long before anyone gets examined.
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GAO says the IRS cleared about 98 percent of 177 million returns while the agency told those same auditors that staffing losses slowed the rest. Two Ohio CPAs are five months into that remainder, $8,000 outstanding.
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Douglas O'Donnell says the cuts landed on enforcement and technology, which is why a smooth 2026 filing season tells you nothing about the capacity that matters later.
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Proposed regs cap eligible investments at 0.1% in annual fees and require an unleveraged US equity index fund until the year the child turns 17. Seven million accounts are already open.
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Proposed IRS rules would treat the refunded portion of four credits, including the EITC and Child Tax Credit, as federal public benefits, with a status test measured on the filing date.
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