Tax

Missouri DOR Warns of Phishing Text Scams Impersonating Agency

The Missouri Department of Revenue issued a consumer alert on March 5, 2026, warning Missourians about a surge in phishing text scams that falsely impersonate the DOR, DMV, or Department of Motor Vehicles. The deceptive texts threaten unpaid traffic violations, outstanding toll charges, or other fines, and may include threats of vehicle registration suspension or prosecution if payment is not made. The agency clarified that it will never request payment or personal information via text message and advised recipients not to click links, provide personal details, respond, or delete the messages.

Missouri DOR Warns of Fraudulent Text Message Scams

The Missouri Department of Revenue is warning Missourians about ongoing scam text messages that falsely claim to be from the agency or 'Missouri DMV,' claiming recipients have a 'Final Enforcement Notice' for overdue traffic tickets. The fraudulent messages threaten penalties, vehicle registration suspension, driving privilege suspension, and prosecution, and often include links to fake government websites designed to collect personal or financial information. The Department advises recipients to not click links, not provide personal or payment information, report the message as spam, and delete it.

HMRC Tax Receipts and National Insurance Contributions Statistics Announcement

HM Revenue and Customs has announced the release of accredited official statistics on UK tax receipts and National Insurance contributions. The statistics are scheduled for publication on 19 March 2027 at 7:00am. This announcement confirms the forthcoming release and provides advance notice to interested parties but does not itself contain any tax policy changes or compliance obligations.

Cancel Your VAT Registration

This guidance section from the Insolvency Practitioner's Handbook explains how to cancel a VAT registration, covering when cancellation applies, required forms, and VAT group registration procedures. Businesses should not apply to cancel their VAT registration immediately upon appointment over a ceased-trading business, as VAT arising from asset sales must still be included on post-appointment VAT Returns. Form VAT 7 is required for standard cancellation, while Form VAT50-51 must be used for VAT group cancellations.

UK Tax Advisers Must Register with HMRC by May 2026

From 18 May 2026, it will become mandatory for tax advisers who are paid to interact with HMRC on behalf of clients to register with HMRC through a new single digital system. This will replace the current way to register, and tax advisers who are not already registered must register with HMRC and check whether they meet HMRC's conditions to register as a tax adviser. Paid UK tax advisers who act on clients' behalf with HMRC face a new mandatory registration requirement and must prepare for the transition to the digital system.

IRS Updates 2025 Instructions for Form 1040

The IRS issued post-release corrections to the 2025 Instructions for Form 1040, specifically affecting Schedule 1-A. Two changes were made: an updated Net income limitation discussion clarifying allocable deductions for qualified tip deductions, and a new Death of a taxpayer in 2025 heading that defines when a deceased taxpayer is considered age 65 for senior enhanced deductions. Taxpayers who downloaded the instructions prior to February 27, 2026 should review these updates.

IRS Updates 2026 Form 1040-ES (NR) for Nonresident Aliens

The IRS reposted the revised 2026 Form 1040-ES(NR) for Nonresident Alien Individuals on February 18, 2026, incorporating legislative changes from the One Big Beautiful Bill Act. Key updates include permanent qualified business income deduction, expanded casualty loss deductions for state-declared disasters, new thresholds for itemized deductions and charitable contribution limitations, and updated information-return codes for qualified tips and overtime. A new Line 2c was added to the Estimated Tax Worksheet for additional deductions on Schedule 1-A.

Notice 2026-15: Restrictions to Clean-Energy Credits for Prohibited Foreign Entities

Notice 2026-15 provides interim guidance implementing statutory restrictions enacted by P.L. 119-21 (One Big Beautiful Bill Act) that limit eligibility for certain clean-energy tax credits determined on Form 3468, Form 7207, and Form 7211. The notice describes safe harbors for determining a taxpayer's material assistance from prohibited foreign entities. Taxpayers claiming these energy credits should review the safe harbor framework to ensure compliance with the new restrictions on foreign entity sourcing.

State and Local Tax Deduction Worksheet Revised for High AGI Filers (2025 Form 1041)

The IRS revised the State and Local Tax Deduction worksheet in the 2025 Instructions for Form 1041 to resolve a calculation issue affecting certain filers with adjusted gross income exceeding $500,000. Revisions were made to lines 4, 6, and 7, with a new line 8 added as the final line showing the deduction amount. Filers who previously submitted their 2025 Form 1041 using the prior worksheet version and who obtain a higher deduction upon recalculation should file an amended 2025 Form 1041.

IRS Delays 2025 Original Issue Discount (OID) Tables Posting

The IRS has announced that the 2025 Original Issue Discount (OID) Tables will not be posted on their standard schedule and are now delayed until mid-2026. The tables, which are normally issued at the beginning of the tax year, provide daily accrual rates required for calculating OID on bonds and other debt instruments issued at a discount. The agency states that additional information will be forthcoming when the tables are released. Taxpayers and financial institutions relying on these tables for 2025 tax year reporting should monitor IRS.gov for updates.

IRS Extends Temporary Relief for Digital Asset Identification Methods

IRS Notice 2026-20 extends the temporary relief provided in Notice 2025-7 for an additional year, allowing eligible taxpayers to use alternative methods for adequate identification of digital asset units held in broker custody. During the extended relief period, taxpayers may identify particular units or record standing orders in their books and records without immediately communicating identifications to the custodial broker, temporarily relieving the requirement under § 1.1012-1(j)(3)(ii). The notice also confirms that brokers offering only one identification method are not automatically treated as having a standing order if the taxpayer relies on this relief.

IRS Rev. Rul. 2026-7: April 2026 Federal Income Tax Rates and AFRs

The IRS published Revenue Ruling 2026-7 establishing the prescribed rates for federal income tax purposes for April 2026. The ruling contains five tables covering applicable federal rates (AFR) across short-term, mid-term, and long-term periods with annual, semiannual, quarterly, and monthly compounding; adjusted AFRs under section 1288(b); rates under section 382 for ownership changes; appropriate percentages for the low-income housing credit under section 42(b)(1); and the section 7520 rate for determining present values of annuities, life estates, and remainder interests. Taxpayers should apply these April 2026 rates when calculating original issue discount, gift and estate tax valuations, and low-income housing credit calculations.

IRS Seeks Comments on Electronic Furnishing of Certain Payee Statements

The Department of the Treasury and the IRS have issued Notice 2026-4 requesting public comments on whether the existing requirements that brokers must meet to electronically furnish certain payee statements—and be treated as timely furnishing those statements—should be modified. The notice also asks whether modifications should extend to persons other than brokers who are required to furnish payee statements under the Internal Revenue Code. The request covers consent, disclosures, format, notice, access period, and consent-withdrawal requirements currently set forth in the section 6051 regulations at 26 CFR Part 31. Comments received may inform future rulemaking that could alter compliance obligations for broker-dealers, financial institutions, and other entities subject to information-reporting payee statement requirements.

IRS Publishes March 2026 DB Plan Segment Rates

IRS Notice 2026-19 provides the monthly corporate bond yield curve and spot segment rates for February 2026, along with 24-month average segment rates for March 2026 used in minimum funding calculations for single-employer and multiemployer defined benefit plans under IRC Sections 430 and 431. The notice also includes 30-year Treasury weighted average rates and permissible ranges for plan years beginning in March 2026. Plan sponsors and their actuaries must use these rates and yield curves for minimum funding calculations for plan years beginning in 2025 and 2026.

IRS Final Regulations on Qualified Nonpersonal Use Vehicles

The IRS has issued final regulations concerning substantiation requirements and qualified nonpersonal use vehicles. These regulations provide updated guidance on the tax treatment of vehicles that are not used for personal purposes by employees or owners.

California Wealth Tax Analysis: Temporary or Permanent?

Tax Foundation research analyzes whether California's proposed 2026 Billionaire Tax Act—framed by proponents as a one-time 5 percent tax on billionaires payable upfront or over five years with deferral charges—will become permanent. The analysis draws parallels to historical temporary tax extensions in California (2012 income tax surcharges extended in 2016) and other states (New York's 2009 millionaire tax now extended through 2032). Proponents of the measure were also involved in prior permanent wealth tax proposals in California (2021, 2023), Hawaii, and Washington, and in Sen. Bernie Sanders' proposed federal wealth tax.

Utah Tax Commission Forms and Publications Revision Changes

The Utah State Tax Commission maintains a webpage cataloguing forms and publications revision changes, providing links to current tax forms, previous years' forms, developer resources, and non-annual form revision schedules. This page serves as an index portal for taxpayers and preparers seeking Utah tax documentation. No specific form revisions, new requirements, or compliance obligations are detailed in this listing.

Oregon DOR Tax Filing Deadline and Assistance Information 2026

The Oregon Department of Revenue has released tax filing assistance information ahead of the April 15, 2026 deadline for tax year 2025. Through March 15, the department had processed 937,000 of the expected 2.2 million Oregon personal income tax returns, with more than half still to be filed. The notice strongly encourages electronic filing, which typically results in refunds within two weeks via direct deposit, and warns that paper returns mailed after April 9 may not receive a timely postmark.

HMRC Online Services for Tax Agents: MFA Coming April 2026

HMRC is extending Multi-factor Authentication (MFA) to agent accounts accessing Government Gateway from 7 April 2026. The agency is currently testing MFA with a small group of agents before expanding testing from April 2026. Tax agents should prepare by reviewing how they will receive access codes and contacting software providers to check whether automated sign-in processes need adjustment.

Memorandum of Understanding: Reducing Debt from Unpaid Criminal Financial Penalties 2025

HMRC and Scottish Courts and Tribunal Services (SCTS) entered a Memorandum of Understanding in 2025 to share data for the purpose of reducing unpaid criminal financial penalties. The agreement, published as part of the Code of Practice under chapters 1, 3 and 4 of the Digital Economy Act 2017, enables SCTS Fines Enforcement Officers to proactively engage with fine payers offering payment plans and to apply sanctions for wilful default. Benefits cited include reduced government debt, improved efficiency, and fewer fines enquiry hearings.

HMRC Data Sharing MoU: Former Tenant Arrears Debt Reduction

HMRC has published a Memorandum of Understanding enabling data sharing with Richmond and Wandsworth Borough Councils under chapters 1, 3 and 4 of part 5 of the Digital Economy Act 2017, to assist with debt reduction of former tenant arrears. The councils seek to recover £10.5 million in outstanding tenancy debt across their combined housing stock of 17,674 properties. Access to HMRC contact, employment and income data will enable councils to establish contact with untraceable debtors and segment debt by affordability to pursue appropriate collection methods.

UK Regional Trade in Goods Statistics, Fourth Quarter October to December 2025

HM Revenue & Customs (HMRC) has published the UK regional trade in goods statistics for the fourth quarter (October to December 2025). This quarterly release disaggregates the UK overseas trade in goods statistics with a further breakdown to nine English Government Regions, Scotland, Wales and Northern Ireland. The statistics are categorised by partner country and Standard International Trade Classification, Rev.4 (SITC) at division level and are accessible in detail via the uktradeinfo interactive table.

HMRC Launches 'Tax Confident' Website for Tax Knowledge Gaps

HMRC has launched Tax Confident (taxconfident.campaign.gov.uk), a new educational website providing plain-language tax guidance in modules covering small businesses, working life, and retirement. The resource, developed with input from the Administrative Burdens Advisory Board (ABAB), features videos, simple explanations, and links to GOV.UK for deeper detail. No compliance obligations or filing requirements are created — the website is purely informational to improve customer tax literacy as part of HMRC's Transformation Roadmap.

UK Regional Trade in Goods Statistics, Q4 2025: Business Counts Data

HMRC published supplementary business counts data for UK regional trade in goods statistics covering the fourth quarter of 2025 (October to December), made available on 19 March 2026. The spreadsheet provides quarterly information on the number of goods exporters and importers broken down by UK region and destination country, including both whole number and proportional business count methodologies. The data was previously produced by the Department for International Trade for the exporters by proportional business count spreadsheet.

MoU for Child Poverty Pathfinder Programme Assessment in Dundee

HMRC has published a transparency notice for a one-off 12-month data share (August 2025–August 2026) enabling evaluation of the Dundee Child Poverty Pathfinder programme. The MoU grants the Scottish Government access to HMRC deprivation postcode data, linked with DWP and Social Security Scotland data, to assess programme impact on economic outcomes by comparing participants with matched groups in other deprived areas. Findings will inform scaling decisions and future policy to meet Scotland's statutory child poverty targets under the Child Poverty (Scotland) Act 2017.

Agent Update Issue 141 for Tax Agents and Advisers

HMRC published Issue 141 of Agent Update on 19 March 2026, a routine guidance publication for tax agents and advisers. The landing page provides a link to the full Issue 141 document and an option to subscribe for future email notifications. The specific content of Issue 141 is not included in this source page.

UK Regional Trade Statistics Q4 2025 Tables

HMRC published the UK regional trade in goods statistics for Q4 2025 (October to December), containing aggregated quarterly data broken down by EU and non-EU countries. The accompanying ODS file provides trade values, business counts, SITC section breakdowns, and country groupings at the ITL1 regional level. The data was published on 19 March 2026.

MoU Enables SAAS to Access HMRC Data for Student Funding Fraud Detection

HMRC has published a Memorandum of Understanding (Ref: RIS MoU 2025) enabling the Student Awards Agency Scotland (SAAS) to access HMRC data for fraud detection in Scottish income-assessed higher education funding applications. The data share, enacted under chapters 1, 3, and 4 of the Digital Economy Act 2017, allows SAAS to verify student entitlement to funding and confirm correct award amounts by cross-referencing student-provided information (including NINO, name, date of birth, and address) against HMRC records. Benefits cited include early fraud identification, reduced financial loss to public funds, and improved protection through deterrence.

HMRC Seeks Views on Close Company Payments to Participators

HMRC has opened a consultation on proposals to introduce new requirements for close companies to report transactions with their participators to HMRC. The consultation aims to modernise the reporting framework, ensure any new obligations are proportionate, and support affected customers through changes. Responses must be submitted online by 9:30am on 10 June 2026. This consultation is of particular interest to close companies, their participators, advisers, relevant trade bodies, and tax or accounting software developers.

MoU on Identifying Fraud in Cultural Recovery Fund Applications

HMRC, DCMS, and Arts Council England have established a Memorandum of Understanding agreed in 2025, enabling data sharing to identify fraudulent Cultural Recovery Fund (CRF) grant applications submitted during the COVID-19 pandemic. The agreement, published on 19 March 2026, permits HMRC to share company tax and earnings data to detect organisations that declared falsified turnover to receive larger grants. Where fraud indicators are found, DCMS refers cases to Arts Council England for investigation, potentially leading to repayment demands and law enforcement involvement.

Kansas Property Tax Reform Analysis: SCR 1616 and HB 2745

The Tax Foundation published an analysis of two Kansas property tax reform measures pending in the 2025-26 legislative session. SCR 1616 (Senate-passed) would cap annual assessed value increases for residential real property and mobile homes at 3 percent, while HB 2745 (House-passed) would impose a 3 percent levy limit on property tax revenues raised by local taxing subdivisions excluding school districts. The analysis finds the assessment limit approach in SCR 1616 would create market distortions by widening gaps between assessed and market values, disadvantaging purchasers of newer properties and creating incentives to avoid renovations. HB 2745's levy limit approach is deemed structurally preferable but criticized as more permissive than limits in many other states, particularly due to school district exemptions and reliance on protest petition mechanisms.

Louisiana HB620, HB658 Propose Centralized Sales Tax Collection

Two bills pending before the Louisiana legislature, HB620 and HB658, would centralize sales tax collection and administration at the state level. The proposal aims to reduce compliance costs for remote sellers who currently must navigate multiple local jurisdictions with divergent tax bases and rates. Centralized collection would require a constitutional amendment, as local governments currently retain authority over their own sales tax bases.

North Dakota Tax Services Payment Portal

The North Dakota Tax Services Payment Portal provides taxpayers with multiple options for remitting state tax payments. Options include free electronic payments directly from checking or savings accounts, credit or debit card payments (subject to a 2.5% convenience fee), mailed payment vouchers, payment plans for those with qualifying notices, ACH credit transfers, and wire transfer options for both foreign and domestic taxpayers.

VAT Refund Order for Great British Nuclear Company

HMRC has published The Value Added Tax (Refund of Tax to Great British Nuclear) Order 2026, a policy paper and statutory instrument providing VAT refunds to Great British Nuclear, a company designated under section 317 of the Energy Act 2023. The Order specifically entitles the designated entity to reclaim VAT on certain services purchased to support its non-business activities. This measure took effect on 18 March 2026.

Changes to Statutory Sick Pay from 6 April 2026

From 6 April 2026, Statutory Sick Pay becomes available to all eligible employees regardless of earnings, payable from the first full day of absence at 80% of average weekly earnings (AWE) or the uprated weekly flat rate of £123.25, whichever is lower. Employers must review their sickness absence policies, ensure payroll providers are prepared, and communicate the changes to employees before 6 April 2026. The guidance also addresses transition rules for employees whose sickness absence started before 6 April 2026, including those earning below the former Lower Earnings Limit who may become entitled from that date.

Childminder Tax Relief for Expenses and Record Keeping

HMRC published guidance on 18 March 2026 explaining how self-employed childminders can claim tax relief on business expenses including wear and tear, household costs, and food and drink. The guidance provides separate rules for those using Making Tax Digital for Income Tax versus those not enrolled, with MTD users able to claim actual business proportions while non-MTD users continue with percentage-based simplified methods. Childminders with qualifying income over £50,000 in the 2024 to 2025 tax year must use Making Tax Digital for Income Tax from 6 April 2026.

Michigan RAB 2026-3: Wholesale Marihuana Tax Under CRFTA

Michigan Treasury issued RAB 2026-3 explaining the 24% excise tax on wholesale sales and transfers of adult-use marijuana under the Comprehensive Road Funding Tax Act (CRFTA), effective January 1, 2026. The guidance specifies that the tax is imposed on marihuana establishments (wholesalers) at the first sale or transfer to a retail licensee, including microbusinesses that self-cultivate. Wholesalers remain legally liable for tax payment and remittance even when passing the tax through to purchasers, and no bad debt deduction is permitted.

HMRC Guidance on Country-by-Country XML Reports for MNEs

HMRC has published guidance for multinational enterprises (MNEs) on creating and submitting Country-by-Country Reports via XML file upload through the Government Gateway digital service. Reports must be filed within 12 months of the reporting period ending, must not exceed 100MB in file size, and must comply with OECD XML schema and business rules before HMRC will accept them. The service validates submissions against schema and business rules upon upload; HMRC may contact filers for additional information if needed. Correcting or deleting a submitted report requires sending a separate replacement file through the same service.

HMRC Analysis of Intra-UK Taxpayer Migration 2010–2023

HMRC has published a statistical analysis of intra-UK migration of taxpayers covering the period 2010–2023. The analysis uses a longitudinal dataset tracking movements of individuals and income declared to HMRC across Scotland, Wales and other parts of the UK, based on administrative tax data. The publication covers a 12-year period and includes breakdowns by age group and income band. This is an informational release; no compliance obligations or regulatory actions are created.

Making Tax Digital Industry and Region Management Information

HMRC published a new statistical dataset on 17 March 2026 providing management information on the business population affected by Making Tax Digital for Income Tax. The data provides breakdowns by industrial sector and geographic region, based on Income Tax Self Assessment returns for tax year 2023 to 2024. The publication is available as an OpenDocument format file.

Register for Multinational Enterprise Country-by-Country Reporting

HMRC has published guidance for multinational enterprise (MNE) groups on how to register to send Country-by-Country (CbC) reports. Registration must be completed before sending a first report, even when an agent will submit on the entity's behalf. Entities that already hold a CBC ID do not need to re-register; a CBC ID is a 15-digit reference issued upon initial registration.

Wisconsin DOR December FY26 Tax Collections Report

The Wisconsin Department of Revenue released its December FY2026 General Purpose Revenue collections report on January 29, 2026, showing total monthly GPR collections of $2.45 billion, up 7.1% year-over-year from $2.29 billion in December FY25. Corporate Income tax led the growth at 25.1% for the month ($606.9 million vs. $485.3 million), while collections to date reached $10.19 billion, a 5.9% increase over the prior year-to-date of $9.62 billion. The report is preliminary and unaudited, drawn from the STAR Accounting System, and excludes insurance premium taxes and miscellaneous revenues.

Wisconsin DOR January FY26 Tax Collections Report

The Wisconsin Department of Revenue released its January FY2026 general purpose revenue (GPR) tax collections report on March 3, 2026. Total GPR collections for January FY2026 were $2.11 billion, down 8.3% year-over-year, though adjusted collections rose 5.0% when excluding timing-related withholding shifts. Collections to date through January FY2026 total $12.3 billion, up 3.2% from the prior year. Individual income taxes year-to-date are up 2.2% and corporate income taxes are up 6.6%, while excise taxes declined 4.8%.

West Virginia Tax Professionals Guidance and Services

The West Virginia Tax Division publishes a Tax Professionals resource hub providing links to eFile provider lists for personal income, fiduciary income, corporate income, and pass-through filings, as well as administrative notices, technical assistance advisories, proposed rules open for comment, legal forms, and a VPN security advisory for teleworking tax professionals. The page covers tax years 2000 through 2026 via archived administrative notice links.

West Virginia Tax Division Forms for Individuals and Businesses

The West Virginia Tax Division maintains a centralized forms repository organized by taxpayer category: Individuals and Businesses. The Individuals section provides links to personal income tax, property tax, and inheritance tax forms. The Business section provides access to corporate income tax, business franchise tax, and employer withholding forms. The page also links to Tax Professionals resources for practitioners filing on behalf of clients.

West Virginia Tax Division Guidance and Publications Search

The West Virginia Tax Division maintains a searchable portal for its guidance documents and publications at tax.wv.gov. The page serves as a navigation hub linking to Government tax programs and Research resources. No new regulatory content, obligations, or deadlines are published through this page itself.

Utah Tax Commission Current Forms & Publications

The Utah State Tax Commission maintains an official forms and publications catalog on tax.utah.gov, regularly updated to reflect current status of tax forms and instructions. This update includes revisions to several publications including Pub 9 (Vehicle Titling), Pub 14 (Withholding Tax Guide), Pub 25 (Sales and Use Tax General Information), and others, with revision dates ranging from 2011 to 2026. Some publications have moved to 'Current' status while others remain in 'Draft' or 'New' status pending final approval, and several older-year versions have been archived as 'Old'.

Utah Tax Commission Guidance on ERC, PPP Loans, Federal Grants, and State Tax Implications

The Utah State Tax Commission published guidance clarifying how federal COVID-19 relief programs affect Utah state income tax. The guidance addresses the Federal Employee Retention Credit (ERC), clarifying that Utah Code Subsection 59-7-106(1)(f) does not authorize a deduction for ERC-related payroll expenses because the ERC is a payroll tax credit, not an income tax credit. The document also explains Utah's tax treatment of forgiven Paycheck Protection Program (PPP) loans and similar federal loans used to pay deductible expenses, requiring addback to unadjusted income for Utah tax purposes. Additional guidance covers the Shuttered Venue Operator Grant (SVOG) program, Restaurant Revitalization Grant program, and tax credits for pass-through entity taxes paid to other states.

Utah Tax Commission Updates Tax Forms and Publications

The Utah State Tax Commission publishes an updated catalog of tax forms and publications, listing items by status (Current, Draft, New, Old) and tax type. Revisions are scheduled for December 2025 and March 2026, with publications such as Pub 14 (Utah Withholding Tax Guide) currently in draft status with a final effective date of June 1, 2024. The page provides direct access to current and prior-year forms across multiple tax categories including Sales, Withholding, Property, and DMV.

Public Notices and Federal Guidance Resources

This is a navigation portal for the Utah Tax Commission providing links to public notices, commission meeting dates (March 26, April 9, April 23), tax bulletins, press releases, and federal guidance letters. The page also directs taxpayers to the Taxpayer Access Point (TAP) system for checking income tax refund status and to a recent tax law changes page for information on federal laws affecting Utah taxes. No specific regulatory changes, new obligations, or compliance deadlines are described on this page.