06/03/2026
π° Wednesday Tax News | June 3, 2026
Stay updated with the latest IRS news impacting taxpayers and tax professionals:
πΉ IRS Free File Still Available
Taxpayers who missed the filing deadline can still file their 2025 federal tax return at no cost using IRS Free File.
πΉ New Features Added to IRS Individual Accounts
Taxpayers can now view and submit Trump Account elections directly through their IRS Individual Account.
πΉ Saturday IRS Assistance Available
Select Taxpayer Assistance Centers offered Saturday hours to provide additional in-person support for taxpayers.
πΉ New IRS Calculator for Long-Term Contracts
Businesses involved in large construction and manufacturing projects can now use a new IRS look-back interest calculator to simplify compliance.
πΉ Tax Relief Highlights Continue
IRS officials continue promoting key 2026 tax provisions, including:
β
No Tax on Overtime
β
No Tax on Car Loan Interest
β
Enhanced Deduction for Seniors
π Tax News Takeaway: Even after filing season, important tax updates, tools, and opportunities continue to emerge. Staying informed helps taxpayers and tax professionals make smarter financial decisions throughout the year.
π² DM us or click the link in bio to connect with a tax expert who can help you stay compliant, informed, and prepared for tax law changes.