Recent Development for Tax Products (Daily Summary)

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Recent Development for Tax Products – Daily 10/21/2026
Tax Products Topics Forms & Publications All Tax Products Draft Tax Products Help with forms and instructions Post-release changes to tax forms, instructions, and publications Comments on Tax Forms, and Publications IRS Resources Taxpayer Bill of Rights Contact My Local Office File your tax return Newsroom Let us help you Taxpayer Advocate Service Where to File	The Following Early Release(s) have been posted Early Releases are draft versions of tax forms, instructions, and publications. Do not file draft forms and do not rely on information in draft instructions or publications. Product Title Rev. Date Posted Instruction 1041 (Schedule I) Instructions for Schedule I (Form 1041), Alternative Minimum Tax - Estates and Trusts 2025 10/21/2026 Instruction 1120-F (Schedule M-3) Instructions for Schedule M-3 (Form 1120-F), Net Income (Loss) Reconciliation for Foreign Corporations With Reportable Assets of $10 Million or More 2025 10/21/2026 Instruction 8992 Instructions for Form 8992, U.S. Shareholder Calculation of Global Intangible Low-Taxed Income (GILTI) Dec 2024 10/21/2026 Back to Top Thank you for subscribing to Recent Development for Tax Products, an IRS e-mail service. This message was distributed automatically from the mailing list Recent Development for Tax Products. Please Do Not Reply To This Message.

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IR-2026-125: Temporary Reporting and Recordkeeping Relief for Certain Fuel Uses

IRS Newswire October 21, 2026 Issue Number:  IR-2026-125 Inside This Issue Temporary Reporting and Recordkeeping Relief for Certain Fuel Uses IR-2026-125, Oct. 21, 2026 WASHINGTON — The Internal Revenue Service today announced temporary administrative relief from reporting and recordkeeping requirements relating to taxes imposed by section 4041(a) of the Internal Revenue Code. The relief addresses temporary compliance burdens while the Department of the Treasury and the Internal Revenue Service evaluate simplified procedures for administering those requirements. In administering the requirements prescribed under sections 6001 and 6011, the IRS will not challenge temporary failures to meet return-filing, reporting or recordkeeping requirements solely attributable to liability under section 4041(a) arising from taxable uses of dyed diesel occurring on or after Oct. 1, 2026, and before Jan. 1, 2027. This relief includes filing Form 720 solely to report that liability, reporting that liability on an otherwise required Form 720, and creating or maintaining records solely to substantiate that liability. The IRS will not assert civil penalties or additions to tax solely for failures covered by this announcement. The relief applies without regard to whether the applicable filing or reporting deadline falls after Dec. 31, 2026, and will not require subsequent filing, reporting, or reconstruction of records after Dec. 31, 2026. Persons required to file Form 720 for other liabilities must continue to file, report and maintain records to substantiate those liabilities. The IRS is aware of concerns regarding residual red dye in fuel tanks after the relief period ends and is considering an appropriate grace period or other mitigation measures, with further guidance to follow. This announcement does not affect recordkeeping or reporting requirements independently applicable to another tax or to a claim for exemption, credit or refund. Related news release on penalties  Back to Top         Thank you for subscribing to the IRS Newswire, an IRS e-mail service. RECEIVE TEXT MESSAGES FROM THE IRS! Did you know you can now receive IRS bulletins directly on your mobile phone? Stay informed wherever you are with convenient text message updates. Some IRS topics like IRS Newswire and QuickAlerts are available for text subscription, giving you faster access to important information through a new, easy-to-use communication channel. Additional topics will be added throughout the year, expanding the information you can receive by text. Opt-in today to start receiving IRS text message bulletins and stay connected on the go. If you know someone who might want to subscribe to this mailing list, please forward this message to them so they can subscribe. This message was distributed automatically from the mailing list IRS Newswire. Please Do Not Reply To This Message. News Essentials What's Hot News Releases IRS - The Basics IRS Guidance Media Contacts Facts & Figures Around The Nation e-News Subscriptions The Newsroom Topics Multimedia Center Noticias en Español Radio PSAs Tax Scams The Tax Gap Fact Sheets IRS Tax Tips Armed Forces Latest News Home IRS Resources Contact My Local Office Filing Options Forms & Instructions Frequently Asked Questions News Taxpayer Advocate Where to File IRS Social Media

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Recent Development for Tax Products

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Recent Developments for Tax Products 10/21/2026
Tax Products Topics Forms & Publications All Tax Products Draft Tax Products Help with forms and instructions Post-release changes to tax forms, instructions, and publications Comments on Tax Forms, and Publications IRS Resources Taxpayer Bill of Rights Contact My Local Office File your tax return Newsroom Let us help you Taxpayer Advocate Service Where to File	The Following Early Release(s) have been posted Early Releases are draft versions of tax forms, instructions, and publications. Do not file draft forms and do not rely on information in draft instructions or publications. Product Title Rev. Date Posted Instruction 1041 (Schedule I) Instructions for Schedule I (Form 1041), Alternative Minimum Tax - Estates and Trusts 2025 10/21/2026 Instruction 1120-F (Schedule M-3) Instructions for Schedule M-3 (Form 1120-F), Net Income (Loss) Reconciliation for Foreign Corporations With Reportable Assets of $10 Million or More 2025 10/21/2026 Instruction 8992 Instructions for Form 8992, U.S. Shareholder Calculation of Global Intangible Low-Taxed Income (GILTI) Dec 2024 10/21/2026 Back to Top Thank you for subscribing to Recent Development for Tax Products, an IRS e-mail service. This message was distributed automatically from the mailing list Recent Development for Tax Products. Please Do Not Reply To This Message.

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Recent Development for Tax Products (Daily Summary)

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Recent Development for Tax Products – Daily 10/20/2026
Tax Products Topics Forms & Publications All Tax Products Draft Tax Products Help with forms and instructions Post-release changes to tax forms, instructions, and publications Comments on Tax Forms, and Publications IRS Resources Taxpayer Bill of Rights Contact My Local Office File your tax return Newsroom Let us help you Taxpayer Advocate Service Where to File	The Following Early Release(s) have been posted Early Releases are draft versions of tax forms, instructions, and publications. Do not file draft forms and do not rely on information in draft instructions or publications. Product Title Rev. Date Posted Instruction 1120-S (Schedule M-3) Instructions for Schedule M-3 (Form 1120S), Net Income (Loss) Reconciliation for S Corporations With Total Assets of $10 Million or More Dec 2026 10/20/2026 Instruction 944 Instructions for Form 944, Employer's ANNUAL Federal Tax Return 2026 10/20/2026 Form 1120-F (Schedule M-3) Net Income (Loss) Reconciliation for Foreign Corporations With Reportable Assets of $10 Million or More Dec 2026 10/20/2026 Instruction 8938 Instructions for Form 8938, Statement of Specified Foreign Financial Assets Dec 2026 10/20/2026 Back to Top Thank you for subscribing to Recent Development for Tax Products, an IRS e-mail service. This message was distributed automatically from the mailing list Recent Development for Tax Products. Please Do Not Reply To This Message.

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Recent Development for Tax Products

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Recent Developments for Tax Products 10/20/2026
Tax Products Topics Forms & Publications All Tax Products Draft Tax Products Help with forms and instructions Post-release changes to tax forms, instructions, and publications Comments on Tax Forms, and Publications IRS Resources Taxpayer Bill of Rights Contact My Local Office File your tax return Newsroom Let us help you Taxpayer Advocate Service Where to File	The Following Early Release(s) have been posted Early Releases are draft versions of tax forms, instructions, and publications. Do not file draft forms and do not rely on information in draft instructions or publications. Product Title Rev. Date Posted Form 1120-F (Schedule M-3) Net Income (Loss) Reconciliation for Foreign Corporations With Reportable Assets of $10 Million or More Dec 2026 10/20/2026 Back to Top Thank you for subscribing to Recent Development for Tax Products, an IRS e-mail service. This message was distributed automatically from the mailing list Recent Development for Tax Products. Please Do Not Reply To This Message.

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Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need your email address to log in. If you have questions or problems with the subscription service, visit subscriberhelp.govdelivery.com. This service is provided to you at no charge by the Internal Revenue Service (IRS).

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This email was sent to business.solutions.ve@gmail.com by: Internal Revenue Service (IRS) · Internal Revenue Service · 1111 Constitution Ave. N.W. · Washington, D.C. 20535

Recent Development for Tax Products

Having trouble viewing this email? View it as a Web page.                                                                                                                                                

Recent Developments for Tax Products 10/20/2026
Tax Products Topics Forms & Publications All Tax Products Draft Tax Products Help with forms and instructions Post-release changes to tax forms, instructions, and publications Comments on Tax Forms, and Publications IRS Resources Taxpayer Bill of Rights Contact My Local Office File your tax return Newsroom Let us help you Taxpayer Advocate Service Where to File	The Following Early Release(s) have been posted Early Releases are draft versions of tax forms, instructions, and publications. Do not file draft forms and do not rely on information in draft instructions or publications. Product Title Rev. Date Posted Instruction 1120-S (Schedule M-3) Instructions for Schedule M-3 (Form 1120S), Net Income (Loss) Reconciliation for S Corporations With Total Assets of $10 Million or More Dec 2026 10/20/2026 Instruction 944 Instructions for Form 944, Employer's ANNUAL Federal Tax Return 2026 10/20/2026 Back to Top Thank you for subscribing to Recent Development for Tax Products, an IRS e-mail service. This message was distributed automatically from the mailing list Recent Development for Tax Products. Please Do Not Reply To This Message.

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Tax Tip 2026-75: Security reminders and tools for tax pros

IRS Tax Tips Oct. 20, 2026 Issue Number: Tax Tip 2026-75 Security reminders and tools for tax pros It’s Tax Professional Awareness week which is a perfect time to remind tax professionals of ways they can protect themselves and sensitive taxpayer information. Here are some quick tips to do so. Beware of malicious and suspicious requests Tax pros need to stay vigilant to protect themselves and their businesses. Unfortunately, it’s common for them to receive “new client” or “document request” emails that deliver malicious links or attachments to steal client data or access systems. Businesses, tax pros, and individuals should always be cautious of any suspicious requests or unusual behavior before sharing any sensitive information or responding to an email. Warning signs may include unexpected requests for sensitive information, mismatched or unfamiliar sender addresses, urgent payment demands, or links directing users to websites that do not clearly originate from IRS.gov. Don’t click unexpected links or open unexpected attachments. Protect client information Cybercriminals and identity thieves often target tax professionals, because they have access to sensitive taxpayer information. Tax pros are encouraged to frequently review their security practices to help prevent identity theft and data breaches. Important security measures include: Using strong passwords and multifactor authentication Keeping security software and systems updated Watching for phishing emails and suspicious requests for client information Reviewing and updating their Written Information Security Plan Report any suspicious activity The IRS encourages taxpayers,tax professionals, and the public to report suspected tax fraud, scams, identity theft, data breaches, or other tax-related wrongdoing by visiting IRS.gov/SubmitATip. Immediate reporting helps protect taxpayers and quickly stop abusive activity. Use IRS Tax Pro Account to review and manage client authorizations IRS Tax Pro Account offers a secure way to manage client authorizations, access tax information, and conduct certain business with the IRS. Tax professionals can use Tax Pro Account to: View active powers of attorney and tax information authorizations after linking their Centralized Authorization File number Withdraw authorizations that are no longer needed Request new authorizations electronically for eligible individual taxpayers Access tax information and act on behalf of your client within the scope of their authorizations Tax professional businesses can also manage business CAF access, including specifying which employees are authorized to act under the business CAF. Prepare for filing season Tax professionals should make sure their account information is current, review their client authorizations and encourage clients to use an IRS Individual Online Account or the IRS app. Taking these steps now can help tax professionals protect taxpayer information and make working with the IRS easier during filing season. More information Tax Tip 2026-72: Fall has arrived, but the Security Summit summer series information is relevant year round Tax Tip 2026-50: Tax Pro Account is a useful tool for tax pros Tax Tip 2026-49: Written Information Security Plans are essential for tax pros Subscribe to IRS Tax Tips Back to top         Thank you for subscribing to IRS Tax Tips, an IRS e-mail service. For more information on federal taxes please visit IRS.gov. RECEIVE TEXT MESSAGES FROM THE IRS! Did you know you can now receive IRS bulletins directly on your mobile phone? Stay informed wherever you are with convenient text message updates. Some IRS topics like IRS Newswire and QuickAlerts are available for text subscription, giving you faster access to important information through a new, easy-to-use communication channel. Additional topics will be added throughout the year, expanding the information you can receive by text. Opt-in today to start receiving IRS text message bulletins and stay connected on the go. This message was distributed automatically from the IRS Tax Tips mailing list. Please Do Not Reply To This Message. Useful Links: IRS.gov Help For Hurricane Victims News Essentials What's Hot News Releases IRS - The Basics IRS Guidance Media Contacts Facts & Figures Around The Nation e-News Subscriptions The Newsroom Topics Multimedia Center Noticias en Español Radio PSAs Tax Scams/Consumer Alerts The Tax Gap Fact Sheets IRS Tax Tips Armed Forces Latest News IRS Resources Contact Your Local IRS Office Filing Your Taxes Forms & Instructions Frequently Asked Questions Taxpayer Advocate Service Where to File IRS Social Media

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