JWellsTax Break

In this episode: Trump Accounts and the step to claim one; assessment consents and Fine & Dias; fraud and an expired assessment period in Mitchell; trust fund recovery penalties after a corporate compromise in Amodio; a purported joint return in Daidone; Israel-related deadline relief; scholarship and farmland regulations; the National Taxpayer Advocate bill.

Primary sources

* Treasury, October 1: Automatic enrollment for Trump Accounts.

* Fine & Dias v. Comm’r, 167 T.C. No. 13 (Sept. 30, 2026).

* Mitchell v. Comm’r, T.C. Memo. 2026-102 (Sept. 30, 2026).

* Amodio v. Comm’r, T.C. Memo. 2026-96 (Sept. 28, 2026).

* Daidone v. Comm’r, T.C. Memo. 2026-98 (Sept. 28, 2026).

* IRS, September 30: Notice 2026-63, Israel-related deadline relief.

* Treasury/IRS, October 2: T.D. 10057, temporary scholarship credit regulations and REG-117199-25, proposed regulations.

* Treasury/IRS, September 29: REG-117095-25, proposed farmland installment election regulations.

* U.S. Senate, September 28: H.R. 997 floor action and bill text; proposed amendment to IRC § 7803(c). Passed both chambers; enactment was not confirmed when these notes were prepared.

Related JWellsTax and Tax in Action

* JWellsTax Break, July 20, 2026: Trump Account gift-tax reporting safe harbor.

* Tax in Action, Episode 6: The Refund Statute of Limitations: When Time Runs Out. This episode covers the separate deadline for refund claims.

In this episode, the IRS rolls out a new mobile app, the Tax Court allows equitable tolling of a late centralized partnership audit petition, and we cover an Appeals dispute, updated travel per diem guidance, and an Opportunity Zone comment request.

Sources and further reading

IRS app announcement (Sept. 25, 2026)

Kings Road Property, LLC v. Comm’r, 167 T.C. No. 11 (Sept. 21, 2026)

Toscano Holdings, LLC v. Comm’r, T.C. Memo. 2026-90 (Sept. 22, 2026), opinion text

Notice 2026-60, 2026–2027 special per diem rates

Notice 2026-55, Opportunity Zone request for comments

Janangelo — Civil fraud against an IRS revenue agent

Janangelo, T.C. Summary Opinion 2026-8 (Aug. 27, 2026): CourtListener

FIRE → IRIS transition

IR-2026-99 (Aug. 24, 2026): IRS.gov

Saver's Match

Notice 2026-48, IRB 2026-35 (Aug. 24, 2026): IRS.gov

Comments due October 5, 2026

Gutierrez-Chapin — Horse breeding and §183

Gutierrez-Chapin, T.C. Memo. 2026-76 (Aug. 27, 2026): CourtListener

Trump Accounts correction

Federal Register correction (Aug. 24, 2026): Federal Register

TAS Act

Taxpayer Assistance and Service Act — reported out of Senate Finance Committee 26-1 (July 30, 2026): Senate Finance Committee

Refundable credits

* Proposed regulations, REG-119882-25 (Aug. 20, 2026)

* IR-2026-93 — Treasury and IRS news release

* Comments due October 5, 2026; public hearing October 14, 2026. Requests to speak and outlines due October 5; requests to attend by 5 p.m. ET October 9. Submit at regulations.gov (reference REG-119882-25).

Conservation Easements

* IR-2026-95 — IRS establishes Office of Conservation Easements and transitions settlement process

* Norcave Properties, L.L.C. v. Internal Revenue Service, No. 25-30542 (5th Cir. Aug. 21, 2026)

Sec. 6213(a) Deadlines

* Kyick Holdings, LLC, Transferee v. Commissioner, No. 25-1429 (1st Cir. Aug. 17, 2026)

FBAR

* United States v. Bowden, No. 25-cv-525 (AHA) (D.D.C. Aug. 17, 2026)

Paid Family and Medical Leave Credit

* Notice 2026-28, Internal Revenue Bulletin 2026-34 (Aug. 17, 2026)

* Comments due October 16, 2026 — reference Notice 2026-28 at regulations.gov, docket IRS-2026-0496

Fourth Quarter Interest Rates

* IR-2026-98 — rates unchanged for the quarter beginning October 1, 2026

* Rev. Rul. 2026-15 (PDF) — appearing in Internal Revenue Bulletin 2026-36, August 31, 2026

Defined Benefit Plan Funding

* Proposed rule — Determination of Target Normal Cost and Funding Target for Single-Employer Defined Benefit Plans (Aug. 20, 2026)

Practice Management Minute

* IR-2026-92 — Security Summit reminder on Written Information Security Plans

Treasury press release on BOI

Final rule on BOI (public inspection)

FinCEN BOI FAQs

K Alain LLLP v. Comm., No. 24-60240 (5th Cir. Aug. 12, 2026)

Pending appeal, Denham Capital Mgmt. LP v. Bessent (1st Cir.)

Pending appeal, Soroban Capital Partners LP v. Comm. (2d Cir.)

Tax in Action Ep 32 — Limited Partner or Not? Why Courts Are Split on Your Tax Bill

Earmark: "The Four Words Congress Never Defined"

FS-2026-13

FS-2026-01 (prior version)

IRS FAQ reliance policy

Tax in Action Ep 37 — Qualified overtime deduction (publishing soon)

Trump Accounts proposed regulations (IR-2026-90)

Proposed rule, Trump Accounts + DCAP nondiscrimination

Treasury release on Trump Accounts

Maniktala v. Commissioner (8th Cir. Aug. 11, 2026)

Boechler, P.C. v. Commissioner (8th Cir. Aug. 10, 2026)

Rollover sample forms (IR-2026-91)

FTC Safeguards Rule — what your business needs to know

IRS: Tax preparers can follow these simple steps to protect client data

Taxpayer Assistance and Service Act (S. 3931) full bill text

Senate Finance bill text: § 504 at pp. 99–117, § 903 at pp. 154–56

Senate Finance Committee announcement

Journal of Accountancy coverage

H.R. 1152, Electronic Filing and Payment Fairness Act

Loving v. IRS, 742 F.3d 1013 (D.C. Cir. 2014)

Treasury Office of Tax Policy

IRS Office of Chief Counsel at a Glance

Estate of Fields v. Comm., (5th Cir.)

In re Goebel (2d Cir.)

FinCEN BOI page (current rule)

Journal of Accountancy coverage

IR-2026–84, National Whistleblower Day

Notice 2026-10 set the business standard mileage rate for 2026 at 72.5 cents per mile.

IRB 2026-29 (Announcement 2026-11) set the business standard mileage rate for the second half of 2026 at 76 cents per mile.

Rev. Proc. 2026-25 provides a gift tax reporting safe harbor for certain Trump Account contributions.

Eiler v. Comm., 167 T.C. No. 3 T(2026)

Comm. v. Banks, 543 U.S. 426 (2005)

Treasury Press Release sb0563: Treasury Announces Frank Bisignano to Lead Next Phase of Trump Accounts Expansion

Piton Holdings LLC v. Comm., 167 T.C. No. 4 (2026)

Show notes

AEP Replaces First Time Abate: IR-2026-83

Tax in Action 21: “You Can’t Delegate Filing Deadlines”

Hough Beck & Baird, Inc. v. Comm., 167 T.C. 2

Opportunity zone transitional guidance: Notice 2026-40

IRS Security Summit

July 10 COVID-Era Refund Deadline NTA Blog

Trump Accounts app launch

First-year Working Families Tax Cuts data

Trump Accounts philanthropic stock contributions

Trump Account Investment lineup

John R. Dee v. Comm., 167 T.C. No. 1

Ways & Means Chair's statement

REG-113229-25 hearing notice

NTA Mid-Year Report

OPR Alert 2026-19 Introductory Guidelines for Responsible AI Use in Federal Tax Practice

Tom Gorczynski, EA, USTCP and John Youngblood, EA, “OPR Issues Guidance on Practitioner Use of AI”

IRB 2026-26, containing Notice 2026-36: Notice of Intent to Issue Regulations Under Section 4960

Sundancer Pools v. United States (No. 25-1291T)