The Tax Professionals Blog

IRS Bulletin 2025-42: PTIN user fee reduced to $10, new rules proposed for qualified tips, withdrawn corporate reorganization regulations, and updated Section 355 private ruling procedures.

Paying off student loans? Learn how 529 plans, employer-paid benefits, and new OBBBA provisions can help you manage debt and maximize tax savings while repaying student loans.

This week’s IRS Bulletin 2025-41 covers 2025–2026 per diem rates, new excise taxes on chemical substances, drought relief extensions, and updated federal and aircraft valuation rates.

Learn the fine print behind the new passenger vehicle loan interest deduction—tight eligibility, MAGI limits, and U.S. assembly rules make this benefit tougher to claim than it appears.

In this week’s IRS Bulletin 2025-40: new guidance on catch-up contributions under SECURE 2.0, updated August bond rates, and a list of revoked 501(c)(3) organizations.