IR-2025-84: IRS accepting applicants for 2026 Compliance Assurance Process

IRS Newswire August 18, 2025
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	Issue Number:    IR-2025-84 Inside This Issue IRS accepting applicants for 2026 Compliance Assurance Process IR-2025-84, Aug. 18, 2025 WASHINGTON – The Internal Revenue Service today announced the opening of the 2026 Compliance Assurance Process (CAP) program application period, which will run from Sept. 3 to Oct. 31, 2025. If accepted into the program, the IRS will inform applicants in February 2026. Launched in 2005, CAP employs real-time issue resolution through transparent and cooperative interaction between large corporate taxpayers and the IRS to improve federal tax compliance by resolving issues before filing of a tax return. To be eligible to apply for CAP, applicants must: Have assets of $10 million or more, Be a U.S. publicly traded corporation with a legal requirement to prepare and submit SEC Forms 10-K (annual report), 10-Q (quarterly report) and 8-K (current report) or a privately held C-corporation, including foreign-owned. Privately held applicants will be required to submit audited financial statements prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS) or another permissible method, as deemed appropriate by the IRS, specific to the taxpayer applying to the CAP program on an annual basis and unaudited financial quarterly statements. The audited financial statements must contain an unqualified audit opinion from an independent auditor. Additionally, the net income or loss per the audited financial statements must reconcile to the Schedule M-3 Line 4(a), worldwide consolidated net income (loss), Not be under investigation by, or in litigation with, any government agency that would limit IRS access to current tax records. See highlights and updates for detailed information on the CAP program for 2026, including updates on audited financial statement requirements. General program information and the 2026 application details are available on the CAP webpage.    Back to Top         Thank you for subscribing to the IRS Newswire, an IRS e-mail service. 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.

---

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).

---

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