Bookmark and Share [ [link removed] ]

a { color:#0073AF !important;} a:hover { color:#004673 !important;} <!-- body { font-family: arial; } p { font-size: 12px; } li { font-size: 12px; } h2 { font-size: 24px; font-style: italic;} -->
IRS.gov Banner
e-News for Tax Professionals September 26, 2025

Useful Links:

IRS.gov [ [link removed] ]

Tax Professionals Home [ [link removed] ]

All Forms and Instructions [ [link removed] ]

Stakeholders Partners' [ [link removed] ]
Headliners [ [link removed] ]

Training and [ [link removed] ]
Communication Tools [ [link removed] ]

e-Services [ [link removed] ]

Taxpayer Advocate Service [ [link removed] ]

Disaster Relief [ [link removed] ]

Internal Revenue Bulletins [ [link removed] ]

IRS Social Media [ [link removed] ]

________________________________________________________________________

Upcoming Events

Seminars, Workshops, Conferences, and Other Practitioner Activities By State:

Nationwide Webinars [ [link removed] ]

Alabama [ [link removed] ]
Alaska [ [link removed] ]
Arizona [ [link removed] ]
Arkansas [ [link removed] ]
California [ [link removed] ]
Colorado [ [link removed] ]
Connecticut [ [link removed] ]
Delaware [ [link removed] ]
District of Columbia [ [link removed] ]
Florida [ [link removed] ]
Georgia [ [link removed] ]
Hawaii [ [link removed] ]
Idaho [ [link removed] ]
Illinois [ [link removed] ]
Indiana [ [link removed] ]
Iowa [ [link removed] ]
Kansas [ [link removed] ]

________________________________________________________________________

Kentucky [ [link removed] ]
Louisiana [ [link removed] ]
Maine [ [link removed] ]
Maryland [ [link removed] ]
Massachusetts [ [link removed] ]
Michigan [ [link removed] ]
Minnesota [ [link removed] ]
Mississippi [ [link removed] ]
Missouri [ [link removed] ]
Montana [ [link removed] ]
Nebraska [ [link removed] ]
Nevada [ [link removed] ]
New Hampshire [ [link removed] ]
New Jersey [ [link removed] ]
New Mexico [ [link removed] ]
New York [ [link removed] ]
North Carolina [ [link removed] ]

________________________________________________________________________

North Dakota [ [link removed] ]
Ohio [ [link removed] ]
Oklahoma [ [link removed] ]
Oregon [ [link removed] ]
Pennsylvania [ [link removed] ]
Rhode Island [ [link removed] ]
South Carolina [ [link removed] ]
South Dakota [ [link removed] ]
Tennessee [ [link removed] ]
Texas [ [link removed] ]
Utah [ [link removed] ]
Vermont [ [link removed] ]
Virginia [ [link removed] ]
Washington [ [link removed] ]
West Virginia [ [link removed] ]
Wisconsin [ [link removed] ]
Wyoming [ [link removed] ]

________________________________________________________________________

Back to top [ #top ]


Issue Number:  2025-39

Inside This Issue


* IRS to phase out paper tax refund checks starting with individual taxpayers [ #First ]
* Treasury, IRS issue guidance listing occupations in which workers customarily and regularly receive tips [ #Second ]
* Tax professionals: Prepare now to assist your clients with reporting proceeds from certain digital asset transactions [ #Third ]
* IRS extends relief to farmers and ranchers affected by drought in 49 states, other regions [ #Fourth ]
________________________________________________________________________

*1.  IRS to phase out paper tax refund checks starting with individual taxpayers*

________________________________________________________________________

The IRS, working with the Department of the Treasury, announced paper tax refund checks for individual taxpayers will be phased out [ [link removed] ] beginning on Sept. 30, as required by Executive Order 14247 [ [link removed] ], to the extent permitted by law. This step marks the first move of the broader transition to electronic payments.

The IRS will publish detailed guidance for 2025 tax returns before the 2026 filing season begins, and will share updated guidance on IRS.gov and through outreach efforts nationwide.

Back to top [ #top ]

________________________________________________________________________

*2.  Treasury, IRS issue guidance listing occupations in which workers customarily and regularly receive tips*

________________________________________________________________________

The Department of the Treasury and the IRS provided guidance on the “no tax on tips” provision [ [link removed] ] in the One Big Beautiful Bill. The One Big Beautiful Bill proposed regulations to identify occupations that customarily and regularly receive tips and define “qualified tips” eligible taxpayers may claim as a deduction. The proposed regulations [ [link removed] ] list nearly 70 separate occupations of tipped workers, from bartenders to water taxi operators.

Treasury and IRS request comments from the public, within 30 days, be made through Regulations.gov [ [link removed] ]. 

Back to top [ #top ]

________________________________________________________________________

*3.  Tax professionals: Prepare now to assist your clients with reporting proceeds from certain digital asset transactions*

________________________________________________________________________

Tax professionals: The new form brokers use to furnish statements including proceeds from certain digital asset transactions will be sent to taxpayers in early 2026; however, you can take steps now to help your clients get ready.

Brokers will use the new Form 1099-DA [ [link removed] ] to report certain transactions involving digital assets that took place beginning in calendar year 2025. Brokers will need to provide a statement reflecting the information reported to the IRS on Form 1099-DA to taxpayers by Feb. 17. Tax professionals who use software to assist clients should ensure they are using trusted software and pay close attention to taxpayer information as all data used to calculate basis must be complete and accurate.

Tax professionals should:


* Review and reconcile all transactions which may be spread over multiple exchanges, wallets, and accounts
* Apply appropriate cost basis methods and document findings
* Accurately categorize income events

For more information visit Digital Assets [ [link removed] ], or review Instructions for Form 1099-DA, Digital Asset Proceeds From Broker Transactions [ [link removed] ].

Back to top [ #top ]

________________________________________________________________________

*4.  IRS extends relief to farmers and ranchers affected by drought in 49 states, other regions*

________________________________________________________________________

The IRS issued guidance providing tax relief for farmers and ranchers [ [link removed] ] in applicable states and regions who sold or exchanged livestock because of drought. Under the guidance, farmers and ranchers may take more time to replace their livestock and defer tax on any gains from forced sales or exchanges.

Notice 2025-52 [ [link removed] ] PDF lists the applicable areas, by county or other jurisdiction, that qualify for federal assistance. The replacement period extension announced in the notice gives eligible farmers and ranchers until the end of their first tax year after the first drought-free year after the four-year replacement period to replace sold or exchanged livestock. As a result, eligible farmers and ranchers whose drought-sale replacement period was scheduled to expire at the end of 2025 will have until the end of their next tax year to replace sold or exchanged livestock.

Back to top [ #top ]

 

________________________________________________________________________

                              FaceBook Logo [ [link removed] ]  YouTube Logo [ [link removed] ]  Instagram Logo [ [link removed] ]  Twitter Logo [ [link removed] ]  LinkedIn Logo [ [link removed] ]________________________________________________________________________

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 [ [link removed] ] 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 [ [link removed] ]. You will need your email address to log in. If you have questions or problems with the subscription service, visit subscriberhelp.govdelivery.com [ [link removed] ].

This service is provided to you at no charge by the Internal Revenue Service (IRS) [ [link removed] ].


body .abe-column-block {min-height: 5px;} ________________________________________________________________________

This email was sent to [email protected] by: Internal Revenue Service (IRS) · Internal Revenue Service · 1111 Constitution Ave. N.W. · Washington, D.C. 20535 GovDelivery logo [ [link removed] ]
body .abe-column-block { min-height: 5px; } table.gd_combo_table img {margin-left:10px; margin-right:10px;} table.gd_combo_table div.govd_image_display img, table.gd_combo_table td.gd_combo_image_cell img {margin-left:0px; margin-right:0px;}