Compliance
Compliance Update: Navigating IRS Internal Revenue Bulletins in 2026
The IRS has issued several Internal Revenue Bulletins this year affecting procedures like payee statement electronic furnishing, CAMT guidance, and TE/GE exam rules—essential compliance musts for professionals.
By NomadicTax Research Team • 5-8 min read • March 30, 2026
## What Are IRS Internal Revenue Bulletins (IRBs)?
These weekly documents release new rulings, notices, proposed regulations, and other official guidance designed to ensure uniform application of the tax code. Staying current with IRBs is essential for compliance.
## Key Recent IRB Highlights (Early 2026)
- **Notice 2026-4 / REG-105064-25**: Proposed regulations under the One Big Beautiful Bill that would let brokers furnish 1099-DA (Digital Asset Proceeds) statements **electronically**, without needing to provide a paper copy if customers consent. ([irs.gov](https://www.irs.gov/irb/2026-13_IRB?utm_source=openai))
- **REG-117002-25**: Guidance on Section 6434 of One Big Beautiful Bill Act—how to make a **pilot-program election** to receive a $1,000 “Trump Account” contribution for eligible children. ([irs.gov](https://www.irs.gov/irb/2026-13_IRB?utm_source=openai))
- Notice 2026-7: Offers additional interim rules for the **Corporate Alternative Minimum Tax (CAMT)**, including guidance for financially challenged businesses and transactions involving intangible property. ([irs.gov](https://www.irs.gov/pub/irs-irbs/irb26-11.pdf?utm_source=openai))
- TE/GE exam IRM 4.70.20 revised effective **February 25, 2026**: Exam procedures for tax-exempt bond program updated with stakeholder management, resource updating, and internal control requirements. ([irs.gov](https://www.irs.gov/irm/part4/irm_04-070-020?utm_source=openai))
## Why These Compliance Changes Matter
- **Electronic statements (1099-DA)**: firms must ensure systems can manage electronic consent, secure delivery, withdrawal options—plus proper notice mechanisms. Not complying could lead to statement mis-furnishing penalties.
- **Trump Account elections**: parents must understand eligibility, timing, and procedural rules to claim the pilot program; incorrect elections may be void under regs.
- **CAMT oversight**: large corporations must reassess how they calculate AFSI, especially with asset transactions and intangible usage—risk of unexpected tax adjustments.
- **TE/GE exam changes**: tax-exempt entities issuing bonds should review internal operations and documentation to satisfy updated identification and referral criteria.
## Actionable Insights for Professionals
- Subscribe to weekly IRBs; set alerts for changes under jurisdiction (e.g., CAMT, digital assets, tax-exempt bonds).
- Update internal compliance checklists: add items for electronic statement consent, “Trump Account” election workflow, and documentation around intangible property transactions.
- Train payroll / brokerage teams on new forms and statement delivery obligations.
- Tax-exempt organizations should review IRM 4.70.20 updates to ensure bond programs comply with examination expectations, including stakeholder and system resource updates.
By integrating these compliance updates now, businesses and advisors can avoid last-minute scrambling or unintended omissions—and reduce audit and penalty risk significantly.