TaxWren tax news https://taxwren.com/news US tax news from the IRS, Treasury, Congress and the states, explained with the numbers. en-us IRS proposes premium tax credit rules: full repayment of excess advance payments https://taxwren.com/news/premium-tax-credit-proposed-rules https://taxwren.com/news/premium-tax-credit-proposed-rules Proposed rules apply the 2025 law's premium tax credit changes: full repayment of excess advance credits from 2026 and Exchange verification from 2028. Thu, 15 Oct 2026 12:00:00 GMT Proposed IRS rules would stop refundable credit payouts to some immigrants https://taxwren.com/news/refundable-credits-qualified-alien-proposed-rules https://taxwren.com/news/refundable-credits-qualified-alien-proposed-rules Proposed rules would pay the refunded part of the child tax credit, EITC, AOTC and adoption credit only to citizens, nationals and qualified aliens. Sun, 11 Oct 2026 12:00:00 GMT Treasury will open a Trump account automatically for every eligible child https://taxwren.com/news/trump-accounts-automatic-enrollment https://taxwren.com/news/trump-accounts-automatic-enrollment New IRS rules open a Trump account for every child under 18 with an SSN. Parents still have to claim it to add money or get the $1,000 for babies born 2025-2028. Sun, 11 Oct 2026 12:00:00 GMT IRS proposes rules for the new $1,700 federal scholarship tax credit https://taxwren.com/news/federal-scholarship-tax-credit-proposed-rules https://taxwren.com/news/federal-scholarship-tax-credit-proposed-rules Proposed rules for the section 25F credit: up to $1,700 per person ($3,400 on a joint return) for gifts to K-12 scholarship groups from 2027. Sat, 10 Oct 2026 12:00:00 GMT