August 2025: IRS USA Tax Updates

IRS Urges Tax Pros to Register Early for Remaining 2025 Nationwide Tax Forums

The IRS announced that spots are filling quickly for the remaining 2025 Nationwide Tax Forums, with Chicago. And New Orleans, and San Diego already sold out. Tax professionals can still register for Orlando (Aug. 26–28) and Baltimore (Sept. 9–11) to access up to 18 CE credits, tax law updates, ethics sessions, and hands-on IRS support. 

Read the article here: IRS Nationwide Tax Forum standard rate deadline approaching for Orlando and Baltimore | Internal Revenue Service 

IRS Reminder: Student Loan Repayment Assistance Available Through 2025

The IRS reminded employers that they can continue offering up to $5,250 per year. So in tax-free student loan repayment assistance through December 31, 2025, as part of educational assistance programs. This benefit, originally expanded by pandemic relief measures, helps employees reduce student debt while avoiding taxable wages. 

Read the article here: IRS reminds employers: Educational Assistance Programs can help pay employee student loans through 2025 | Internal Revenue Service 

IRS: No Changes to Forms or Withholding Tables for 2025 Under OBBBA

The IRS announced that for Tax Year 2025, there will be no changes to Forms W-2, 1099, 941. Also federal withholding tables under the One Big Beautiful Bill Act (OBBBA). Employers and payroll providers should continue current reporting. And withholding procedures, with updates expected for TY 2026 to cover areas like tips and overtime pay. 

Read the article here: IRS announces no changes to individual information returns or withholding tables for 2025 under the One Big Beautiful Bill Act | Internal Revenue Service 

Strengthen Client Data Security: IP PINs, Tax Pro Accounts, and IRS Best Practices

In its latest Security Summit release, the IRS reminded tax professionals and taxpayers about the importance of using Identity Protection PINs (IP PINs), IRS Online Accounts. And mandatory multi-factor authentication (MFA) to guard against tax-related identity theft. These tools, along with secure Tax Pro Accounts, are key defenses in protecting sensitive client information. 

Read the article here: Security Summit: Protect against tax identity theft with multi-factor IDs, Identity Protection PINs, IRS Online Accounts | Internal Revenue Service 

IRS Opens 2026 CAP Program Application Period for Large Corporations

The IRS announced that applications for the 2026 Compliance Assurance Process (CAP) program will be open from Sept. 3 to Oct. 31, 2025, with notifications issued in February 2026. CAP allows large corporations to resolve tax issues in real time with the IRS before filing returns, provided they meet eligibility requirements such as $10M+ in assets and audited financial statements. 

Read the article here: IRS accepting applicants for 2026 Compliance Assurance Process | Internal Revenue Service 

IRS Issues FAQs on Energy Credits and Deductions Under OBBBA

The IRS released FAQs in Fact Sheet 2025-05 addressing changes under the One Big Beautiful Bill Act (OBBBA) for various energy credits. And deductions, including sections 25C, 25D, 25E, 30C, 30D, 45L, 45W, and 179D. The guidance clarifies expiration dates and availability of credits like the clean vehicle credit, energy-efficient home improvement credit, and residential clean energy credit. 

Read the article here: Treasury, IRS issue FAQs to address the accelerated termination of several energy provisions under OBBBA | Internal Revenue Service 

Tax Relief in Disaster Situations

Tax Relief Announced for West Virginia Storm Victims: Filing Deadline Extended to Feb. 2, 2026

The IRS announced tax relief for individuals and businesses in Marion and Ohio counties. West Virginia, affected by severe storms and flooding beginning June 14, 2025. Affected taxpayers now have until Feb. 2, 2026, to file returns and make certain tax payments, with options for claiming disaster losses. And additional relief for retirement plans, penalty abatements, and more. 

Read the article here: IRS announces tax relief for taxpayers impacted by severe storms, straight-line winds, flooding, landslides, and mudslides in West Virginia; various deadlines postponed to Feb 2, 2026 | Internal Revenue Service 

IRS Tax Tips

Heavy Highway Vehicle Use Tax Filing Season Open: Key Deadlines for Form 2290

The IRS reminds taxpayers that the Heavy Highway Vehicle. So Use Tax (Form 2290) applies to trucks with a taxable gross weight of 55,000 pounds or more. The 2025–2026 filing season runs from July 1, 2025, to June 30, 2026, with deadlines based on the vehicle’s first use month. 

Read the article here: Key filing deadlines for the Heavy Highway Vehicle Use Tax | Internal Revenue Service