e-News for Tax Professionals 2025-38

The summer and the Protect Your Clients; Protect Yourself campaign may have come to an end, but scams and schemes do not take a break. The IRS and its Security Summit partners recently completed a five-week long series that provided tips for tax professionals to best protect taxpayers and themselves. Here are the highlights:

New, emerging scams targeting tax pros: Reminders for tax professionals to stay informed of new and evolving schemes aimed at stealing business and taxpayer information.

Tax pros should watch out for phishing emails and other attacks: A deeper dive into the many types of phishing scams such as spear or clone phishing; the warning signs for which to look;, tips to add more protection, and; ways to report.

The requirement for tax pros to have Written Information Security Plan: Tax professionals are required to have a Written Information Security Plan.

A recap of tools and advice to help protect important data: Scammers don’t take breaks and schemes are always evolving.

2. Does your organization or association want a presentation by the Office of Professional Responsibility?

The IRS Office of Professional Responsibility (OPR) plays a vital role in protecting the tax system through the administration and enforcement of standards for tax professionals who practice before the IRS. OPR is committed to education and outreach to assist tax professionals in meeting the standards found in Circular 230, Regulations Governing Practice before the Internal Revenue Service. The OPR welcomes invitations for speaking engagements. To request a speaking engagement from OPR, please contact your local IRS Stakeholder Liaison.

3. Treasury, IRS issue final regulations on new Roth catch-up rule, other SECURE 2.0 Act provisions

The Department of the Treasury and the IRS issued final regulations addressing several SECURE 2.0 Act provisions relating to catch-up contributions. The final regulations include final rules related to a SECURE 2.0 Act provision requiring that catch-up contributions made by certain higher-income participants be designated as after-tax Roth contributions.
The final regulations provide guidance for plan administrators to implement and comply with the new Roth catch-up rule, and reflect comments received in response to the proposed regulations issued in January. The final regulations also provide guidance relating to increased catch-up contribution limits under the SECURE 2.0 Act for certain retirement plan participants, in particular employees between the ages of 60-63 and employees in newly established SIMPLE plans.

4. Technical Guidance

Revenue Ruling 2025-19 provides various prescribed rates for federal income tax purposes including the applicable federal interest rates, the adjusted applicable federal interest rates, the adjusted federal long-term rate, and the adjusted federal long-term tax-exempt rate.

Notice 2025-47 sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for August 2025 used under section 417(e)(3)(D), the 24-month average segment rates applicable for September 2025, and the 30-year Treasury rates, as reflected by the application of section 430(h)(2)(C)(iv).

Thank you for subscribing to e-News for Tax Professionals an IRS e-mail service.

If you have a specific concern about your client's tax situation, call the IRS Practitioner Priority Service 1-866-860-4259.

This message was distributed automatically from the mailing list e-News for Tax Professionals. Please Do Not Reply To This Message

To subscribe to or unsubscribe from another list, please go to the e-News Subscriptions page on the IRS Web site.

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 [email protected] by: Internal Revenue Service (IRS) · Internal Revenue Service · 1111 Constitution Ave. N.W. · Washington, D.C. 20535