Home / Insights

#Section 7508A

Plain-language notes on U.S. tax deadlines, IRS letters, cross-border reporting and running a small business, written by the CPAs who handle these questions every day.

Browse by topic

All topics204 YCL news, community & stories5 Tax law & IRS updates40 Individual & family tax38 Small business & company tax38 Foreign assets & reporting12 Going global: US companies27 Immigration & residency tax20 IRS notices & penalties24

Tax law & IRS updates · Oct 28, 2026

Texas Storm Tax Relief (TX-2026-05): Houston, Austin, San Antonio and 62 Counties in All Get Until February 1, 2027

Under IRS TX-2026-05 (October 27, 2026), individuals and businesses in 62 Texas counties hit by the storms that began July 14, 2026, including Harris, Fort Bend, Travis and Bexar, have until February 1, 2027 for most federal returns and payments due from July 14, 2026 onward. Extended 2025 Form 1040s, Form 941 and estimated tax payments are covered, but 2025 tax due April 15, 2026 and payroll deposits are not.

Read article

Small business & company tax · Oct 9, 2026

Executive Order 14435: Federal Diesel Excise Tax Deferral and Dyed-Diesel Penalty Relief (Oct. 5–Dec. 31, 2026)—Checklist for Truckers, Farmers and Fuel Retailers | YCL | YCL CPA

Executive Order 14435, signed October 5, 2026, directs Treasury to defer certain 24.4¢-per-gallon federal diesel taxes incurred October 5–December 31, 2026 and to waive dyed-diesel highway penalties, if the law allows. It is a deferral, not forgiveness—here is what truckers, farmers and fuel retailers in every state should track while IRS guidance is pending.

Read article

Tax law & IRS updates · Sep 19, 2026

Disaster Tax Deadline Relief: FEMA Counties and IRS §7508A Postponements

Federally declared disasters can postpone IRS filing and payment dates for covered counties under §7508A. Verify your locality on the IRS disaster list before you assume April 15 or October 15 still controls.

Read article

Your situation

Have a question about your own situation?

Every file is different. Book a free 15-minute consultation and a CPA will walk you through yours.

Articles are general information, not tax or legal advice for your specific situation.

Book a consultation Quick quote