Tax Time Guide: Resolve Tax Issues, File Early, Manage Payments
The IRS has issued a Tax Time Guide to help taxpayers resolve tax issues and stay on track. The guide outlines steps for preparing and filing returns, making payments (even partial ones), setting up payment plans, responding to notices, and utilizing online tools to manage tax matters efficiently.
Employment Allowance Take-Up Statistics Estimate 2025-2026
HM Revenue & Customs has released an estimate of Employment Allowance take-up for the 2025 to 2026 tax year. These statistics are derived from HMRC's Real Time Information and Enterprise Tax Management Platform. The official release date for these statistics is scheduled for June 30, 2026.
UK Trade in Goods by Business Characteristics Statistics 2024
HM Revenue & Customs has published the UK trade in goods by business characteristics statistics for 2024. The release includes data linking overseas trade statistics with Office for National Statistics business data, providing insights into trade patterns by industry group, business size, and age.
UK Trade in Goods by Business Characteristics 2024 Data Tables
HM Revenue & Customs has published the 2024 data tables for UK trade in goods by business characteristics. These tables provide detailed overseas trade and country data, supporting the analysis of trade patterns based on business attributes.
Vermont Tax Credits and Filing Deadline Reminder
The Vermont Department of Taxes is reminding Vermonters that the tax filing deadline is April 15, 2026. The notice highlights recent legislative changes (Act 71 of 2025) that expanded eligibility for several tax credits, including the Child Tax Credit and Earned Income Tax Credit, encouraging an estimated 40,000 non-filers to file to claim potential refunds.
IRS proposes PTIN user fee update and announces hearing
The IRS has issued a notice of proposed rulemaking and announced a public hearing regarding a proposed reduction in the user fee for a preparer tax identification number (PTIN). The proposed fee would decrease from $11 to $10, plus an amount for a third-party contractor.
National Debt Interest to Consume 1 in 4 Tax Dollars by 2036
A Tax Foundation analysis projects that by 2036, interest payments on the national debt will consume one in four federal tax dollars. This analysis highlights the growing fiscal challenge posed by the national debt and its impact on federal spending priorities.
Delinquent Property Tax Auctions in Doña Ana and Luna Counties
The New Mexico Taxation and Revenue Department will hold live delinquent property tax auctions in Doña Ana and Luna Counties in late March and April. These auctions are for properties with taxes delinquent for at least three years, aiming to collect unpaid taxes.
SC Income Tax Deadline Extended to October 15, 2026
The South Carolina Department of Revenue (SCDOR) has automatically extended the 2025 Individual Income Tax filing deadline to October 15, 2026. However, taxpayers must still pay at least 90% of their tax liability by the original April 15, 2026, deadline to avoid penalties.
City of Medina Joins State Licensing Partnership
The Washington State Department of Revenue's Business Licensing Service (BLS) has partnered with the city of Medina, allowing businesses to add a non-resident municipal license through a centralized online portal. This integration streamlines local commerce and benefits mobile professionals, particularly contractors, by connecting them to over 200 other participating cities and towns.
Simplified Declaration Process for Goods Release
HM Revenue and Customs (HMRC) has updated guidance on the Simplified Declaration Process (SDP). SDP allows goods to be released using a Simplified Frontier Declaration (SFD), followed by a supplementary declaration later. This process is applicable to most goods, including controlled goods imported at the frontier.
Customs Declaration Procedures Codes Explained
HM Revenue and Customs has published guidance explaining the use and structure of Procedure Codes (PCs) and Additional Procedures Codes (APCs) on Simplified Frontier Declarations (SFDs) and Supplementary Declarations (SDs). The guidance details how these codes are applied to controlled goods and outlines general completion notes for customs declarations.
Supplementary Declarations for Simplified Customs Declaration Process
HMRC has issued guidance on Supplementary Declarations (SDs) required for goods released under the Simplified Customs Declaration Process (SCDP). The guidance details general information, data element completion rules, and exceptions where SDs may be waived, emphasizing electronic submission and validation checks.
Simplified Customs Declaration Process Moves Fiscal Controls Inland
HMRC has issued guidance on the Simplified Customs Declaration Process (SCDP), which moves fiscal and statistical controls inland for importers. This process requires authorization and involves a two-stage electronic declaration, with goods subject to checks at the frontier. The guidance outlines authorization requirements, eligibility criteria, and general pre-authorisation conditions for UK established legal entities.
Entry in Declarant's Records (EIDR) for Customs Declarations
HM Revenue and Customs has issued guidance on the Entry in Declarant's Records (EIDR) process, a simplified customs declaration procedure. EIDR allows authorised entities to release goods by making an initial entry in their commercial records, followed by a Supplementary Declaration unless a waiver applies. The guidance details the uses of EIDR, notification requirements, and record-keeping obligations.
Declaration Unique Consignment References (DUCR) Format
HMRC has updated guidance on the format for Declaration Unique Consignment References (DUCRs) for UK traders. The DUCR must conform to WCO recommendations and includes a year, GB country code, EORI number, a dash, and a unique reference up to 18 characters.
Customs Declaration Security for Debt and Payment Requirements
HMRC has updated guidance on security requirements for debt and payment in the Simplified Customs Declaration Process (SCDP). The guidance clarifies that while a guarantee is not a condition for SCDP authorisation itself, it is required when a customs debt is incurred, particularly for deferred payments. It also details the use of Duty Deferment Accounts (DDAs) and the implications for Great Britain and Northern Ireland.
HMRC Enforcement: Tax Recovery, Interest, and Penalties
HMRC is enhancing tax recovery efforts, introducing joint and several liability for PAYE tax losses related to non-compliant umbrella companies from April 6, 2026. Additionally, changes to the Construction Industry Scheme (CIS) from the same date allow HMRC to immediately remove Gross Payment Status, issue tax determinations, and charge penalties up to 30% for deliberate non-compliance.
PAYE Rules for Labour Supply Chains with Umbrella Companies
HMRC has issued new guidance detailing PAYE rules for labour supply chains that include umbrella companies, effective from April 6, 2026. The guidance aims to clarify responsibilities and ensure correct tax and National Insurance contributions are paid, particularly in sectors prone to non-compliance.