The IRS issued final regulations permitting direct acceptance of credit and debit card tax payments without routing taxpayers to third-party processors.
The rule allows the agency to pay vendor fees for card processing on the condition that the full cost is recouped from card-paying taxpayers.
5Confirmed
ConfirmedBacked by an official document, the subject on record, or two independent outlets.
DisputedCredible sources disagree about it.
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UnverifiedStill unclear: Only anonymous or attributed sources so far.
The Treasury Department and the IRS issued final regulations governing how assumed liabilities affect stock basis in transfers between members of a consolidated group.
The rule clarifies that a transferee member's assumption of certain liabilities does not reduce the transferor's basis in the stock received.
The provisions apply to consolidated return years where the unextended return due date is after October 16, 2026.
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DisputedCredible sources disagree about it.
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The Treasury Department issued a final rule amending the Uniform Offering Circular for marketable bills, notes, and bonds to align regulations with an upcoming auction system upgrade.
The rule eliminates summary bid submissions by requiring submitters to deliver individual customer names and bid amounts before the noncompetitive auction close.
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DisputedCredible sources disagree about it.
DeniedThe subject has denied it on the record.
ReportedReported by a credible source, but not yet independently confirmed.
UnverifiedStill unclear: Only anonymous or attributed sources so far.
The IRS and Treasury issued proposed regulations conforming premium tax credit rules to statutory changes enacted under the One, Big, Beautiful Bill Act.
The proposed rule restricts tax credit eligibility, removes caps on repaying excess advance payments, and establishes new Exchange verification requirements.
Next: Comment deadline
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DisputedCredible sources disagree about it.
DeniedThe subject has denied it on the record.
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The SEC proposed amending Rule 17a-7 under the Investment Company Act to permit cross trades between affiliated registered funds in securities with observable pricing inputs.
The proposal aims to modernize cross-trading rules for fixed-income securities while introducing new pricing, compliance oversight, and aggregated reporting obligations.
Next: Comment deadline
5Confirmed·1Reported
ConfirmedBacked by an official document, the subject on record, or two independent outlets.
DisputedCredible sources disagree about it.
DeniedThe subject has denied it on the record.
ReportedReported by a credible source, but not yet independently confirmed.
UnverifiedStill unclear: Only anonymous or attributed sources so far.