Fact sheets

FS-2026-02, January 2026 — This Fact Sheet provides answers to frequently asked questions about the implementation of Executive Order 14247, Modernizing Payments To and From America’s Bank Account.

FS-2026-01, January 2026 — This Fact Sheet provides answers to frequently asked questions about the new deduction for qualified overtime compensation, such as who may be eligible to claim the deduction, including federal employees, and where to find supplemental information on eligibility and other rules.

FS-2025-10, Dec. 23, 2025 — This Fact Sheet updates frequently asked questions about the Premium Tax Credit.

FS-2025-09, Dec. 23, 2025, This Fact Sheet issues frequently asked questions about the limitation on the deduction for business interest expense.

FS-2025-08, Oct. 23, 2025 — This fact provides answers to frequently asked questions (FAQs) related to about Form 1099-K, Payment Card and Third Party Network Transactions regarding the dollar threshold for filing Form 1099-K under the One, Big, Beautiful Bill.

FS-2025-07, Oct. 22, 2025 — This fact sheet addresses answers to frequently asked questions (FAQs) related to Employee Retention Credits under ERC compliance provisions of the One, Big, Beautiful Bill.

FS-2025-06, Sept. 25, 2025 — The Internal Revenue Service reminds tax professionals that the new form brokers use to furnish statements including proceeds from certain digital asset transactions will be sent to taxpayers in early 2026 but there are steps that can be taken now to help get their clients get ready.

FS-2025-05, Aug. 21, 2025 — This fact sheet provides answers to frequently asked questions (FAQs) related to §§ 25C, 25D, 25E, 30C, 30D, 45L, 45W, and 179D of the Internal Revenue Code.

FS-2025-04, July 23, 2025 — The Internal Revenue Service reminds Business Tax Account (BTA) users that Designated Officials must revalidate their accounts by the July 31 deadline in order to maintain access.

FS-2025-03, July 14, 2025 — Provisions from the One, Big, Beautiful Bill Act, which was signed into law on July 4, 2025.

FS-2025-02, March 2025 — More taxpayers in more states will be able to file their 2024 federal taxes directly with the IRS for free. This filing season, Direct File includes new features to make filing taxes quicker and easier.

FS-2025-01, January 2025 — This fact sheet updates frequently asked questions about the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.

Find previous year news releases and fact sheets from 1997 through last month.