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Article

U.S. Department of State Reduces Fee to Renounce U.S. Citizenship

March 20, 2026
Article

U.S. Department of State Reduces Fee to Renounce U.S. Citizenship

March 20, 2026

The State Department is cutting the fee for a Certificate of Loss of Nationality from $2,350 to $450, effective April 13, 2026. See what this change means for U.S. citizens considering renunciation.

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Article

Congressional Gridlock Dampens Outlook for Tax Legislation as IRS Takes Spotlight

March 19, 2026
Article

Congressional Gridlock Dampens Outlook for Tax Legislation as IRS Takes Spotlight

March 19, 2026

Treasury says the spring budget likely won’t include new tax proposals, signaling a slow path for tax legislation this year. With Congress stalled, IRS action and messaging bills are taking the spotlight.

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Article

Domestic R&E Expenditures Method Changes That Must Be Made for the 2025 Tax Year

March 18, 2026
Article

Domestic R&E Expenditures Method Changes That Must Be Made for the 2025 Tax Year

March 18, 2026

Taxpayers with domestic R&E costs who didn’t make the small business retroactivity election must act for 2025. Section 174 amortization is no longer available, so a new accounting method is required.

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Article

IRS Issues Proposed Regulations on New Children’s Savings Accounts

March 18, 2026
Article

IRS Issues Proposed Regulations on New Children’s Savings Accounts

March 18, 2026

The IRS on March 6, 2026, proposed regulations that would provide the core administrative framework for launching Trump accounts, a new type of individual retirement account (IRA) for eligible children created by the OBBBA under new Section 530A.

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