As enrolled agents assisting clients with federal and state tax matters, staying informed on the latest IRS and Oklahoma Tax Commission (OTC) developments is crucial. Below is a curated summary of press releases and news items from the past week, including key highlights relevant to your practice, along with direct links to the source materials.

1. IRS News Releases

IR-2026-90, August 11, 2026 — Treasury, IRS Issue Proposed Regulations on Employer Contributions to Trump Accounts

The Treasury Department and IRS issued proposed regulations providing guidance to employers that choose to make contributions to Trump Accounts for employees or their dependents.

What it means for your practice: If any business clients are considering offering Trump Account contributions as an employee benefit, these proposed regulations outline the compliance framework they will need to follow.

Read more →

IR-2026-91, August 12, 2026 — Treasury, IRS Issue Guidance on Rollovers Between Retirement Plans and IRAs

Treasury and the IRS provided guidance to simplify and standardize the rollover process by issuing sample forms for direct rollovers to or from a retirement plan, as required under SECURE 2.0 Act section 324.

What it means for your practice: The new sample forms should make it easier to document and verify direct rollovers for clients moving funds between employer plans and IRAs — worth reviewing before the next rollover season.

Read more →

2. Oklahoma Tax Commission & State Tax News

August 10, 2026 — OTC Publishes August 2026 Sales & Use Tax Collections and October Rate Changes

The OTC's August 2026 Sales & Use Tax report shows cities received approximately $217.9 million in sales tax distributions (up from the prior year) and counties received about $39.9 million. The report also announced local rate changes effective October 2026, including a new 10% lodging tax in Bristow, a 3% sales/use tax in Laverne, 5% in Salina, a new 4% in Selah, and 3.5% in Wellston.

What it means for your practice: Update client point-of-sale and payroll systems ahead of the October rate changes if they operate in these municipalities.

Read more →

August 11, 2026 — OTC Clarifies Vehicle Weight Standard for Clean-Burning Fuel Credit

The Oklahoma Tax Commission ruled that a vehicle's manufacturer-listed Gross Vehicle Weight Rating (GVWR) — not its actual loaded weight — determines the applicable credit tier and maximum credit under the Credit for Investment in a Clean-Burning Motor Vehicle Fuel Property (68 O.S. Section 2357.22).

What it means for your practice: When calculating this credit for clients, use the GVWR shown on the federal certification label rather than an estimated loaded weight to determine the correct credit tier.

Read more →

August 13, 2026 — Parental Choice Tax Credit Cap Increase Takes Effect

HB 3705's increase to the Parental Choice Tax Credit program cap — raising authorized credits by $25 million to a total of $275 million for the 2026-2027 school year — became effective this week.

What it means for your practice: Clients applying for the credit through OkTAP for the 2026-2027 school year have additional program capacity available compared to last year.

Read more →

Recent update (August 7, 2026) — State Treasurer Releases July 2026 Tax Revenue Report

State Treasurer Todd Russ reported total July 2026 revenue of $1.5 billion, up 2.6% from July 2025. Over the trailing 12 months, Oklahoma revenues totaled $17.95 billion, up 5.8% year-over-year. Sales and use tax collections rose 8.5% year-over-year, and annual gross production (oil & gas) tax revenue rose 8.3% to $1.1 billion.

What it means for your practice: Continued growth in sales, income, and gross production tax collections signals a stable state revenue picture — useful context when advising business clients on state tax exposure.

Read more →

3. Upcoming OSEA Events

Central Chapter Seminar — Offers in Compromise with the Oklahoma Tax Commission

Thursday, August 20, 2026, 11:30 AM – 1:00 PM
Saltgrass Steak House, 1445 W I-240 Service Road, Oklahoma City, OK 73159

James Adelman, EA (Past President, NAEA and OSEA) presents a 1-hour session on when an Oklahoma offer in compromise is appropriate and how to negotiate a settlement with the OTC, including eligibility, financial analysis, documentation, and negotiation strategy. Cost is $25 to cover lunch. Note: due to IRS rules, this program is not eligible for IRS CE credit.

Register →

Northeast Oklahoma Chapter Seminar — Offers in Compromise with the Oklahoma Tax Commission

Friday, August 28, 2026, 12:00 PM – 2:00 PM
The Big Biscuit, 5335 E 41st Street, Tulsa, OK 74135

James Adelman, EA presents the same 1-hour session on Oklahoma offers in compromise. No charge for the CE program; attendees pay for their own meal. Note: due to IRS rules, this program is not eligible for IRS CE credit.

Register →

4. Annual Seminars

2026 OSEA Northeast Annual Seminar — October 29–30, 2026

Northeastern State University – Broken Arrow, 3100 New Orleans Street, Broken Arrow, OK 74014

Up to 16 CE units available, in person or online via Zoom. Headliners Marc J Dombrowski, EA and Jane Ryder, EA, CPA lead 15 CE hours covering collections topics (financial analysis, installment agreements, offers in compromise, appeals, CDP, transcripts) and Jane Ryder's sessions on ethics, NIL income, QBI, stock options, and tax planning for business and rentals. IRS Stakeholder Liaison Mercean Lam and Mike Kaufmann (Oklahoma Tax Updates, non-CE) round out the agenda. Lunch provided both days on-site.

Pricing: Member $300 / Nonmember $350. Early-bird pricing is in effect — act before this benefit ends. (Discounted returning-attendee rates of $275 member / $325 nonmember are available by code to those who attended both 2025 conferences.)

Bonus: Attend both the OKC and NE OK conferences and save $25 on a 2027 event!

Register →

2026 OSEA Oklahoma City Annual Seminar — November 12–13, 2026

Rose State College, 1720 Hudiburg Drive, Midwest City, OK 73110

Up to 16 CE units available, in person or online. Headliners David L Mellem, EA and Mary Mellem, EA lead 15 CE hours covering Federal Tax Updates, Amended Tax Returns, Basis Rules, Business Credits, Teens and Taxes, Ethics, and Bankruptcy. IRS Stakeholder Liaison Mercean Lam presents a CE-eligible hour and Mike Kaufmann presents a non-CE hour on Oklahoma Tax Updates. Taxpayer Advocate Service availability TBD. Lunch provided both days on-site.

Pricing: Member $350 / Nonmember $400. Early-bird pricing is in effect — act before this benefit ends. (Discounted returning-attendee rates of $325 member / $375 nonmember are available by code to those who attended both 2025 conferences.)

Bonus: Attend both the OKC and NE OK conferences and save $25 on a 2027 event!

Register →

The Oklahoma Society of Enrolled Agents (OSEA) is a professional organization dedicated to representing and supporting enrolled agents in Oklahoma through education, advocacy, and networking opportunities. Visit us at EAOK.org for more information and resources.

As enrolled agents assisting clients with federal and state tax matters, staying informed on the latest IRS and Oklahoma Tax Commission (OTC) developments is crucial. Below is a curated summary of press releases and news items from the past week, including key highlights relevant to your practice, along with direct links to the source materials.

IRS News Releases

IR-2026-84 — July 28, 2026

IRS Recognizes National Whistleblower Day with $8 Billion Recovered Since 2007

The IRS highlighted National Whistleblower Day (observed July 30) and the role whistleblowers play in exposing fraud and strengthening tax compliance. Since 2007, whistleblower information has led to more than $8 billion recovered and over $1.4 billion paid in awards. The IRS also noted a new digital Form 211 and a centralized online fraud-reporting tool at IRS.gov/submitatip.

What it means for your practice: If a client asks about reporting suspected tax fraud or wonders whether a whistleblower claim could apply to a business dispute, the digital Form 211 process is now faster to point them to.

Read more →

Oklahoma Tax Commission & State Tax News

Oklahoma Sales Tax Holiday — announced July 31, 2026 (event dates: August 7–9, 2026)

The OTC confirmed via its official channels that Oklahoma's annual sales tax holiday runs 12:01 a.m. Friday, August 7 through midnight Sunday, August 9, 2026. Clothing and footwear items priced under $100 are exempt from state and local sales tax; accessories, athletic/protective footwear, and school supplies do not qualify.

What it means for your practice: Clients who operate retail businesses should be reminded that participation in the holiday is mandatory, not optional, for qualifying items — a good time to check point-of-sale tax settings.

Read more →

Recent update: Oklahoma State Treasurer — June 2026 Tax Revenue Report (published July 8, 2026)

State Treasurer Todd Russ reported total June 2026 revenue of $1.6 billion, up 5.8% year-over-year. Fiscal Year 2026 revenue totaled $17.91 billion, up 5.9% (about $989.9 million) over FY2025. Sales and use tax collections were $617.4 million (up 6.0%), income tax was $613.1 million (up 3.2%), and gross production (oil and gas) tax was $113.4 million (up 27.2%).

What it means for your practice: Continued growth in sales, income, and gross production tax collections is a useful data point when advising business clients on the state's overall revenue and economic trend.

Read more →

Upcoming OSEA Events

OSEA Education Committee Meeting

Friday, August 7, 2026, 9:00–10:00 AM — Zoom

A regular meeting of the OSEA Education Committee. All members and associates are welcome to join and provide input as the committee plans educational events for 2026 and beyond.

Register →

Oklahoma Sooner (Virtual) Chapter Seminar — Beyond the Return: Solving IRS Issues for Your Clients, Part 1

Wednesday, August 12, 2026, 2:00–3:30 PM Central — Online (Zoom)

Edward Moore, EA presents a 1-hour CE session on interacting with the IRS, including the roles of IRS employees, authorization requirements, transcript types, and best practices for IRS communication. No cost. IRS Course ID: FAHHB-T-00197-26-O (1 CE Hour, Federal Tax Law).

Register →

OSEA Board Meeting

Monday, August 17, 2026, 3:00–4:30 PM — Zoom

A regularly scheduled board meeting of the Oklahoma Society of Enrolled Agents. All members and associates are welcome to attend.

Register →

Annual Seminars

2026 OSEA Northeast Annual Seminar — October 29–30, 2026

Location: Northeastern State University – Broken Arrow, 3100 New Orleans Street, Broken Arrow, OK 74014

CE: Up to 16 CE units available; attend in person or via Zoom

Speakers: Headliners Marc J Dombrowski, EA and Jane Ryder, EA, CPA lead 15 CE units covering financial analysis, installment agreements, offers in compromise, appeals, CDP, and transcripts (Dombrowski), plus ethics, NIL income, QBI, stock options, and tax planning for business and rentals (Ryder). IRS Stakeholder Liaison Mercean Lam will present on several IRS CE-eligible topics, and Mike Kaufmann will give a non-CE hour on Oklahoma tax updates.

Pricing: Early-bird pricing is in effect. Member $300 / Nonmember $350 (standard early-bird rates); reduced rates are available by discount code for members and nonmembers who attended both 2025 conferences.

Bonus: Attend both the OKC and NE Oklahoma conferences and receive a $25 discount on a 2027 event!

Register →

2026 OSEA Oklahoma City Annual Seminar — November 12–13, 2026

Location: Rose State College, 1720 Hudiburg Drive, Midwest City, OK 73110

CE: Up to 16 CE units available; attend in person or via Zoom

Speakers: Headliners David L Mellem, EA and Mary Mellem, EA lead 15 CE units covering federal tax updates, amended returns, an "Ask" session, basis rules, business credits, teens and taxes, ethics, and bankruptcy. IRS Stakeholder Liaison Mercean Lam will present a CE-eligible hour on multiple tax topics, and Mike Kaufmann will give a non-CE hour on Oklahoma tax updates. Taxpayer Advocate Service availability is still TBD.

Pricing: Early-bird pricing is in effect. Member $350 / Nonmember $400 (standard early-bird rates); reduced rates are available by discount code for members and nonmembers who attended both 2025 conferences.

Bonus: Attend both the OKC and NE Oklahoma conferences and receive a $25 discount on a 2027 event!

Register →

The Oklahoma Society of Enrolled Agents (OSEA) is a professional organization dedicated to representing and supporting enrolled agents in Oklahoma through education, advocacy, and networking opportunities. Visit us at EAOK.org for more information and resources.

As enrolled agents assisting clients with federal and state tax matters, staying informed on the latest IRS and Oklahoma Tax Commission (OTC) developments is crucial. Below is a curated summary of press releases and news items from the past week, including key highlights relevant to your practice, along with direct links to the source materials.

IRS News Releases

No IRS news releases were issued during this period, as confirmed by a double-check of the IRS Newsroom.

Happening today: 2026 NAEA Annual Meeting (livestreamed)

The National Association of Enrolled Agents' Annual Meeting is today, July 28, 2026 – a great opportunity for a look back at the past year, key updates, and what's ahead for enrolled agents. The event is available via livestream for members who can't attend in person. Register now if you'd like to join.

Register →

Oklahoma Tax Commission & State Tax News

July 20, 2026: Sales tax filing deadline reminder

The OTC posted on X reminding Oklahoma businesses that sales tax filings were due that day, directing taxpayers to file via OkTAP to avoid last-minute issues.

What it means for practice: A good prompt to confirm clients on quarterly or semi-annual sales tax filing schedules met the July 20 deadline, or to help them resolve any late filings promptly.

Read more →

Other OTC updates this week

On X, the OTC also recognized its Q2 "All-Star" employees for dedication and service (July 23) and posted a hiring announcement for open positions in its Audit Division, linking to current openings on the state jobs site (July 24). No OkTAP outage or maintenance notices, legislative updates, or additional taxpayer alerts were posted during the period.

July 23 post →  |  July 24 post →

Upcoming OSEA Events

OSEA Education Committee Meeting

Friday, August 7, 2026 | 9:00 AM – 10:00 AM | Zoom

This is a regular meeting of the OSEA Education Committee. All members and associates are welcome to join and provide input as we plan our educational events for 2026 and beyond.

Register →

Annual Seminars

2026 OSEA Northeast Annual Seminar

October 29–30, 2026 | Northeastern State University – Broken Arrow, 3100 New Orleans Street, Broken Arrow, OK 74014

Up to 16 CE units available, in person or online via Zoom (Zoom link provided one week before the event). Headliner speakers Marc J. Dombrowski, EA (financial analysis, streamlined installment agreements, offers in compromise, appeals, CDP, transcripts) and Jane Ryder, EA, CPA (ethics, NIL income, maximizing QBI, stock options, tax planning for business & rentals) will together present 15 CE hours. IRS Stakeholder Liaison Mercean Lam will present CE-eligible IRS topics, and Mike Kaufmann will present a non-CE hour on Oklahoma tax updates. Lunch provided both days for on-site attendees.

Pricing: OSEA members $300 / nonmembers $350 (early-bird pricing currently in effect). Members and nonmembers who attended both the 2025 OKC and NE conferences may qualify for discounted rates ($275 member / $325 nonmember) – contact osea.webmaster@gmail.com to verify eligibility.

Bonus: Attend both the OKC and NE Oklahoma conferences and save $25 on a 2027 conference!

Register →

2026 OSEA Oklahoma City Annual Seminar

November 12–13, 2026 | Rose State College, 1720 Hudiburg Drive, Midwest City, OK 73110

Up to 16 CE units available, in person or online (link provided one week before the event). Headliner speakers David L. Mellem, EA, and Mary Mellem, EA, will present 15 CE hours covering federal tax updates, amended returns, an "Ask" session, basis rules for gifted/inherited/remainder-interest/divorce property, business credits, teens and taxes, ethics, and bankruptcy. IRS Stakeholder Liaison Mercean Lam will present a CE-eligible hour on multiple tax topics, and Mike Kaufmann will present a non-CE hour on Oklahoma tax updates. Taxpayer Advocate Service availability TBD. Lunch provided both days for on-site attendees.

Pricing: OSEA members $350 / nonmembers $400 (early-bird pricing currently in effect). Members and nonmembers who attended both the 2025 OKC and NE conferences may qualify for discounted rates ($325 member / $375 nonmember) – contact osea.webmaster@gmail.com to verify eligibility.

Bonus: Attend both the OKC and NE Oklahoma conferences and save $25 on a 2027 conference!

Register →

The Oklahoma Society of Enrolled Agents (OSEA) is a professional organization dedicated to representing and supporting enrolled agents in Oklahoma through education, advocacy, and networking opportunities. Visit us at EAOK.org for more information and resources.

As enrolled agents assisting clients with federal and state tax matters, staying informed on the latest IRS and Oklahoma Tax Commission (OTC) developments is crucial. Below is a curated summary of press releases and news items from the past week, including key highlights relevant to your practice, along with direct links to the source materials.

IRS News Releases

Announcement 2026–11 (2026–29 I.R.B.) — July 13, 2026

The IRS issued a mid-year adjustment to the optional standard mileage rates, citing sharp increases in fuel prices since the original 2026 rates were set. For travel on or after July 1, 2026, the business rate rises to 76 cents per mile (up from 72.5 cents), and the medical/moving rate rises to 23.5 cents per mile (up from 20.5 cents). The charitable rate remains 14 cents per mile. This is the first mid-year mileage adjustment since 2022.

What it means for your practice: Clients tracking business mileage need two rates for 2026 — 72.5 cents for January–June and 76 cents for July–December. Flag this now so mileage logs and reimbursement calculations split cleanly at the July 1 date.

Read more →

No other IRS news releases were issued during this period (July 13–19), as confirmed by a double-check of the IRS Newsroom.

Oklahoma Tax Commission & State Tax News

Recent update: OTC amends gross production tax rules for orphan wells — July 9, 2026 (effective July 11, 2026)

The Oklahoma Tax Commission adopted amendments to gross production tax regulations (OAC 710:45-9-102, et al.). The rules clarify that documentation for marketing cost deductions is required only when a deduction or refund claim is made, and establish procedures for a reduced 2.5% gross production tax rate for qualifying orphan well recovery projects. The reduced rate applies for 36 months before reverting to the standard 7% rate.

What it means for your practice: Relevant for clients with oil and gas production interests, particularly those involved in orphan well recovery projects or claiming marketing cost deductions/refunds.

Read more →

Recent update: OTC amends withholding rules for pension and annuity payments — July 9, 2026 (effective July 11, 2026)

The Oklahoma Tax Commission adopted amendments to withholding tax regulations (OAC 710:90-1-13) concerning pensions, annuities, and other deferred income. Taxpayers receiving non-periodic payments may now elect withholding at the top marginal individual income tax rate plus an additional specified amount, or elect no withholding at all, using Form OK-W-4-R.

What it means for your practice: Worth flagging to clients taking non-periodic pension, annuity, or eligible rollover distributions — the withholding election on Form OK-W-4-R now has more flexibility.

Read more →

OTC social media note — July 13, 2026 (Facebook/@oktaxcommission)

A brief seasonal reminder from OTC: taxpayers who have moved can update their mailing address directly through OkTAP.

Read more →

Upcoming OSEA Events

No OSEA events are scheduled for the next 14 days.

Annual Seminars

2026 OSEA Northeast Annual Seminar — October 29–30, 2026

Northeastern State University – Broken Arrow, 3100 New Orleans Street, Broken Arrow, OK 74014

Up to 16 CE units available, in-person or via Zoom. Headliners Marc J Dombrowski, EA (financial analysis, streamlined installment agreements, offers in compromise, appeals, CDP, transcripts) and Jane Ryder, EA CPA (ethics, NIL income, maximizing QBI, stock options, tax planning for business & rentals) will together deliver 15 CE units. IRS Stakeholder Liaison Mercean Lam will present additional CE-eligible IRS topics, and Mike Kaufmann will cover Oklahoma tax updates (non-CE). Lunch provided both days for on-site attendees; virtual attendees receive the Zoom link one week prior.

Pricing: Member $300 / Nonmember $350. Early-bird pricing is currently in effect — act before it ends! (Discount codes for members/nonmembers who attended both 2025 conferences: $275 / $325.)

Bonus: Attend both the OKC and NE OK conferences and receive a $25 discount on a 2027 event!

Register →

2026 OSEA Oklahoma City Annual Seminar — November 12–13, 2026

Rose State College, 1720 Hudiburg Drive, Midwest City, OK 73110

Up to 16 CE units available, in-person or via Zoom. Headliners David L Mellem, EA and Mary Mellem, EA will deliver 15 CE units covering federal tax updates, amended tax returns, an "Ask the Experts" session, basis rules for gifted/inherited/remainder-interest property, business credits, teens and taxes, ethics, and bankruptcy. Mike Kaufmann will present a non-CE hour on Oklahoma tax updates, and IRS Stakeholder Liaison Mercean Lam will present a CE-eligible hour on multiple tax topics. Taxpayer Advocate Service availability is still TBD. Lunch provided both days for on-site attendees.

Pricing: Member $350 / Nonmember $400. Early-bird pricing is currently in effect — act before it ends! (Discount codes for members/nonmembers who attended both 2025 conferences: $325 / $375.)

Bonus: Attend both the OKC and NE OK conferences and receive a $25 discount on a 2027 event!

Register →

The Oklahoma Society of Enrolled Agents (OSEA) is a professional organization dedicated to representing and supporting enrolled agents in Oklahoma through education, advocacy, and networking opportunities. Visit us at EAOK.org for more information and resources.

As enrolled agents assisting clients with federal and state tax matters, staying informed on the latest IRS and Oklahoma Tax Commission (OTC) developments is crucial. Below is a curated summary of press releases and news items from the past week, including key highlights relevant to your practice, along with direct links to the source materials.

IRS News Releases

IR-2026-81 — July 7, 2026

The IRS and Security Summit partners launched the summer "Protect Your Clients; Protect Yourself" campaign, a five-week series covering emerging scams targeting tax professionals, core security safeguards, and identity theft reporting. Week one warns of IRS impersonation scams, misleading social media tax advice, "new client" spear-phishing schemes, and phishing for EFIN/PTIN/CAF numbers.

What it means for your practice: Review your Written Information Security Plan (WISP) now and remind staff to verify any unusual "new client" contact before opening attachments or links.

Read more →

IR-2026-82 — July 8, 2026

Treasury and the IRS issued final regulations identifying certain abusive Charitable Remainder Annuity Trust (CRAT) arrangements as listed transactions, effective July 9, 2026. The targeted structure involves transferring appreciated property to a purported CRAT, selling it, and using proceeds to buy a single premium immediate annuity while misapplying sections 72 and 664 to shelter gain.

What it means for your practice: Material advisors and participants in these specific CRAT structures must now file Form 8886 and/or Form 8918 disclosures or face penalties. If you have clients who used this strategy, review it carefully — only the described abusive pattern is captured, not ordinary CRATs.

Read more →

IR-2026-83 — July 8, 2026

The IRS announced Automatic Exemption from Penalty (AEP), a new systemic process that will replace First Time Abate. Taxpayers with a history of timely filing and paying (three prior years, or 12 consecutive quarters) will have failure-to-file, failure-to-pay, and failure-to-deposit penalties waived automatically, with no request required. AEP applies to eligible 2025 returns and 2026 quarterly returns going forward, and fully replaces First Time Abate for returns due on or after January 1, 2027.

What it means for your practice: Clients with clean compliance histories may start seeing automatic penalty relief without you having to call the IRS — but during the transition this summer, some qualifying clients may still receive penalty notices, so First Time Abate requests remain available as a backstop.

Read more →

Oklahoma Tax Commission & State Tax News

Oklahoma State Treasurer — June 2026 State Tax Revenue Report — July 8, 2026

State Treasurer Todd Russ released the June 2026 revenue report: total monthly collections of $1.6 billion, up 5.8% from June 2025. Over the trailing 12 months, Oklahoma revenues totaled $17.91 billion, up 5.9% year-over-year — the tenth consecutive month of positive rolling growth. Income tax collections were $613.1 million (up 3.2%), sales & use tax $617.4 million (up 6.0%), and gross production tax (oil & gas) $113.4 million, up a striking 27.2% year-over-year. The state's unemployment rate held at 4.1%, and the Consumer Price Index measured 4.2%.

What it means for your practice: Continued state revenue growth and strong energy-sector tax receipts are useful context when advising business clients on Oklahoma's fiscal outlook and any state-level policy discussions this year.

Read more →

OTC — Quarterly withholding reports due July 20 — July 8, 2026 (X/@oktaxcommission)

The Oklahoma Tax Commission reminded businesses that quarterly withholding reports are due July 20, and can be filed and paid online through OkTAP.

What it means for your practice: A good moment to confirm business clients have their Q2 withholding filings queued up in OkTAP ahead of the deadline.

Read more →

OTC Taxpayer Roadshow continues statewide — July 10, 2026 (X/@oktaxcommission)

OTC Executive Director Doug Linehan addressed the Guthrie Rotary Club as part of the agency's Taxpayer Roadshow, which is visiting more than 40 Oklahoma communities. Interested community groups can reach out to OTC directly to request a visit.

Read more →

Upcoming OSEA Events

OSEA Board Meeting

July 16, 2026 · 3:00 PM – 4:30 PM · Zoom

Regularly scheduled board meeting. All members and associates are welcome to attend.

Register →

OSEA Education Committee Meeting

July 17, 2026 · 9:15 AM – 10:15 AM · Zoom

Regular meeting of the OSEA Education Committee. All members and associates are welcome to join and help plan our educational events for 2026 and beyond.

Register →

Northeast Oklahoma Chapter Seminar: Representation in Practice

July 17, 2026 · 12:30 PM – 2:00 PM · The Big Biscuit, 5335 E 41st Street, Tulsa, OK 74135

Edward Moore, EA, presents a 1-hour CE session on taxpayer representation before the IRS, using real-world case studies covering CP2000 cases, amended return substantiation, retirement distribution issues, IRS transcripts, and effective IRS communication. IRS Course ID: FAHHB-T-00196-26-I. 1 CE Hour — Federal Tax Law. No cost; purchase your own meal at the venue.

Register →

Annual Seminars

2026 OSEA Northeast Annual Seminar — October 29–30, 2026

Northeastern State University – Broken Arrow, 3100 New Orleans Street, Broken Arrow, OK 74014

Up to 16 CE units available, in-person or via Zoom. Headliners Marc J Dombrowski, EA (financial analysis, streamlined installment agreements, offers in compromise, appeals, CDP, transcripts) and Jane Ryder, EA CPA (ethics, NIL income, maximizing QBI, stock options, tax planning for business & rentals) will together deliver 15 CE units. IRS Stakeholder Liaison Mercean Lam will present additional CE-eligible IRS topics, and Mike Kaufmann will cover Oklahoma tax updates (non-CE). Lunch provided both days for on-site attendees; virtual attendees receive the Zoom link one week prior.

Pricing: Member $300 / Nonmember $350. Early-bird pricing is currently in effect — act before it ends! (Discount codes for members/nonmembers who attended both 2025 conferences: $275 / $325.)

Bonus: Attend both the OKC and NE OK conferences and receive a $25 discount on a 2027 event!

Register →

2026 OSEA Oklahoma City Annual Seminar — November 12–13, 2026

Rose State College, 1720 Hudiburg Drive, Midwest City, OK 73110

Up to 16 CE units available, in-person or via Zoom. Headliners David L Mellem, EA and Mary Mellem, EA will deliver 15 CE units covering federal tax updates, amended tax returns, an "Ask the Experts" session, basis rules for gifted/inherited/remainder-interest property, business credits, teens and taxes, ethics, and bankruptcy. Mike Kaufmann will present a non-CE hour on Oklahoma tax updates, and IRS Stakeholder Liaison Mercean Lam will present a CE-eligible hour on multiple tax topics. Taxpayer Advocate Service availability is still TBD. Lunch provided both days for on-site attendees.

Pricing: Member $350 / Nonmember $400. Early-bird pricing is currently in effect — act before it ends! (Discount codes for members/nonmembers who attended both 2025 conferences: $325 / $375.)

Bonus: Attend both the OKC and NE OK conferences and receive a $25 discount on a 2027 event!

Register →

The Oklahoma Society of Enrolled Agents (OSEA) is a professional organization dedicated to representing and supporting enrolled agents in Oklahoma through education, advocacy, and networking opportunities. Visit us at EAOK.org for more information and resources.

Oklahoma Society of Enrolled Agents Recent Tax News Updates for Enrolled Agents June 29–July 5, 2026 As enrolled agents assisting clients with federal and state tax matters, staying informed on the latest IRS and Oklahoma Tax Commission (OTC) developments is crucial. Below is a curated summary of press releases and news items from the past week, including key highlights relevant to your practice, along with direct links to the source materials. Section 1: IRS News Releases IR-2026-80  |  June 29, 2026 Treasury, IRS Provide Gift Tax Safe Harbor for Trump Account Contributions The Treasury Department and IRS issued Revenue Procedure 2026-25, providing a gift tax reporting safe harbor for certain contributions to "Trump Accounts" — the tax-advantaged savings vehicles for children under 18 created under Section 530A by the Working Families Tax Cuts (One, Big, Beautiful Bill). Under the safe harbor, qualifying cash contributions made before the beneficiary turns 18, up to the annual gift tax exclusion amount ($19,000 for 2026), are treated as completed present-interest gifts and do not trigger a Form 709 filing requirement. What this means for your practice: Clients contributing to a Trump Account on behalf of a minor generally will not need to file Form 709 for those contributions, provided the contribution is the donor's only reportable gift to that beneficiary for the year, stays within the annual exclusion, and no gift tax return is otherwise required. Confirm all safe-harbor requirements are met before advising a client to skip the filing. Read more → Section 2: Oklahoma Tax Commission & State Tax News No new OTC press releases, OkTAP outage or maintenance notices, legislative signings, or Oklahoma State Treasurer revenue report were published during the June 29 – July 5, 2026 coverage window. Section 3: Upcoming OSEA Events Central Oklahoma Chapter Seminar: Representation in Practice Date: Friday, July 10, 2026  |  11:30 AM – 1:30 PM Location: Ted's Café Escondito Banquet Room, 68th & May, Oklahoma City, OK 73116 Join us for lunch (enchilada bar) and a 1-hour CE presentation by Edward Moore, EA, on "Representation in Practice" — a case-study-based look at taxpayer representation before the IRS, covering CP2000 cases, IRS transcripts, amended returns, and the representation workflow from client intake through resolution. No cost for the CE; $25 covers the food. IRS Course ID: FAHHB-T-00196-26-I. 1 CE Hour, Federal Tax Law. (The same program repeats in Tulsa on July 17 — see below.) Register → OSEA Board Meeting Date: Thursday, July 16, 2026  |  3:00 – 4:30 PM Location: Zoom (virtual) Regularly scheduled board meeting of the Oklahoma Society of Enrolled Agents. All members and associates are welcome to attend. Register → OSEA Education Committee Meeting Date: Friday, July 17, 2026  |  9:15 – 10:15 AM Location: Zoom (virtual) Regular meeting of the OSEA Education Committee. All members and associates are welcome to join and help plan our 2026 educational events and beyond. Register → Northeast Oklahoma Chapter Seminar: Representation in Practice Date: Friday, July 17, 2026  |  12:30 – 2:00 PM Location: The Big Biscuit, 5335 E 41st Street (41st & Yale), Tulsa, OK 74135 Edward Moore, EA, presents the same 1-hour "Representation in Practice" CE session offered in Oklahoma City on July 10. No cost for the CE; attendees purchase their own meal from the venue. IRS Course ID: FAHHB-T-00196-26-I. 1 CE Hour, Federal Tax Law. Register → Section 4: 2026 Annual Seminars Both 2026 OSEA Annual Seminars are open for registration with early-bird pricing in effect. Attend both conferences and earn a $25 discount toward a 2027 event! 2026 OSEA Northeast Annual Seminar Dates: October 29–30, 2026  |  8:00 AM – 5:00 PM each day Location: Northeastern State University Broken Arrow, 3100 New Orleans Street, Broken Arrow, OK 74014 CE: Up to 16 CE units  |  In-person and virtual attendance available Headliner Speakers: Marc J Dombrowski, EA — IRS collection and representation (Financial Analysis, Streamlined Installment Agreements, Offers in Compromise, Appeals, CDP, Transcripts) Jane Ryder, EA CPA — Tax planning and practice (Ethics, Name/Image/Likeness Income, QBI Maximization, Stock Options, Tax Planning for Business & Rentals) Mercean Lam, IRS Stakeholder Liaison — multiple IRS CE-eligible topics Mike Kaufmann — Oklahoma Tax Updates (non-CE) Pricing (Early-Bird): Members $300  |  Nonmembers $350 Prior-year attendees who attended both 2025 conferences may qualify for special loyalty pricing ($275 member / $325 nonmember) — check your email for a discount code. Register → 2026 OSEA Oklahoma City Annual Seminar Dates: November 12–13, 2026  |  8:00 AM – 5:00 PM each day Location: Rose State College, 1720 Hudiburg Drive, Midwest City, OK 73110 CE: Up to 16 CE units  |  In-person and virtual attendance available Headliner Speakers: David L Mellem, EA & Mary Mellem, EA — 15 CE hours covering Federal Tax Updates, Amended Returns, an "Ask" session, Basis Rules (Gift/Inheritance/Remainder Interests/Divorce), Business Credits, Teens and Taxes, Ethics, and Bankruptcy Mercean Lam, IRS Stakeholder Liaison — a CE-eligible hour on multiple tax topics Mike Kaufmann — Oklahoma Tax Updates (non-CE) Taxpayer Advocate Service — availability TBD Pricing (Early-Bird): Members $350  |  Nonmembers $400 Prior-year attendees who attended both 2025 conferences may qualify for special loyalty pricing ($325 member / $375 nonmember) — check your email for a discount code. Register → The Oklahoma Society of Enrolled Agents (OSEA) is a professional organization dedicated to representing and supporting enrolled agents in Oklahoma through education, advocacy, and networking opportunities. Visit us at EAOK.org for more information and resources. Oklahoma Society of Enrolled Agents  |  501(c)(6) Non-Profit Organization EAOK.org

Recent Tax News Updates for Enrolled Agents

Oklahoma Society of Enrolled Agents | June 22–28, 2026

As enrolled agents assisting clients with federal and state tax matters, staying informed on the latest IRS and Oklahoma Tax Commission (OTC) developments is crucial. Below is a curated summary of press releases and news items from the past week, including key highlights relevant to your practice, along with direct links to the source materials.

Section 1: IRS News Releases

IR-2026-78 | June 22, 2026

IRS Announces Final Saturday Taxpayer Assistance Center Hours for 2026

The IRS announced that select Taxpayer Assistance Centers (TACs) across the country were open Saturday, June 27, 2026 — marking the final special Saturday service event of 2026. TACs operated from 9 a.m. to 4 p.m., providing all standard in-person services except cash payments. Note: The Tulsa TAC (the only Oklahoma location participating in this program) was not scheduled for the June 27 date.

What this means for your practice: The IRS's 2026 Saturday TAC program has now concluded. Clients needing in-person IRS assistance should schedule regular weekday appointments at their local TAC. Year-round appointments are available Monday–Friday, 8:30 a.m. to 4:30 p.m.

Read more →

IR-2026-79 | June 24, 2026

National Taxpayer Advocate Issues FY 2027 Objectives Report to Congress

National Taxpayer Advocate Erin M. Collins released her Fiscal Year 2027 Objectives Report to Congress, highlighting a largely successful 2026 filing season: the IRS processed nearly 139 million individual tax returns, issued more than 90 million refunds, and successfully implemented major tax law changes from the One Big Beautiful Bill. However, the report documents significant service challenges — including a 21% overall telephone answer rate, 45-minute average hold times on the Installment Agreement/Balance Due line, and continuing delays of approximately 20 months to resolve identity theft victim cases.

What this means for your practice: The data confirms real-world practitioner experience — the Installment Agreement/Balance Due phone line answered only 31% of calls with 45-minute average holds. The Practitioner Priority Service (PPS) line performed better (72% answer rate, 8-minute average hold), making it your best option for time-sensitive client matters. The report also identifies improving online Tax Pro Accounts as a 2027 priority, which should eventually reduce the need to call the IRS for routine matters.

Read more →

Section 2: Oklahoma Tax Commission & State Tax News

Oklahoma Tax Commission | June 2026

New Sales Tax Rates Take Effect for Eight Municipalities on July 1, 2026

The Oklahoma Tax Commission announced new and updated sales and use tax rates effective July 1, 2026. Key changes include:

• Carmen — 3.5% sales & use tax
• South Coffeyville — 3.5% sales & use tax
• Coalgate — 4% sales & use tax
• Hominy — 3% sales & use tax
• Olustee — 3% sales & use tax
• Red Oak — 3.75% sales & use tax
• Valley Brook — 4.5% sales & use tax
• Nowata — 4% sales & use tax (increase)
• Cleora — new 2% use tax
• Oktaha and Lindsay — imposing sales & use tax for the first time
• Pawnee County — county rate increasing to 2%

What this means for your practice: Business clients with sales tax obligations in these jurisdictions should update their point-of-sale systems and reporting procedures before July 1. The OTC's Sales Tax Rate Chart is updated quarterly and provides a complete listing by city and county.

Oklahoma Tax Commission Newsroom →

Oklahoma Tax Commission | June 16, 2026

Updated Streamlined Sales Tax Certificate of Compliance Issued

The Oklahoma Tax Commission issued a revised Streamlined Sales Tax Certificate of Compliance, effective June 16, 2026. The updated certificate includes changes to answers and an updated date on the certificate itself.

What this means for your practice: Clients engaged in multi-state commerce using the Streamlined Sales Tax certificate should obtain and use the revised version. Ensure business clients update their exemption documentation accordingly.

Oklahoma Tax Commission Newsroom →

Oklahoma Tax Commission | June 25, 2026

OTC Employee Recognized by Governor for Uncovering Outdated Gas Tax Law

The Oklahoma Tax Commission announced that OTC employee Marc Morrison was recognized by Governor Stitt for uncovering an outdated provision in Oklahoma's gas tax statutes. The discovery reflects the OTC's continued efforts to review and modernize Oklahoma's tax code.

OTC announcement via X →

Oklahoma Tax Commission | Recent update: June 29, 2026

OTC Scam Alert: Fraudulent Text Messages Impersonating the OTC

The Oklahoma Tax Commission issued a scam alert reminder: the OTC does not send unsolicited text messages asking recipients to click links or provide personal data. Any such text messages are fraudulent.

What this means for your practice: Alert clients who may receive unexpected texts claiming to be from the OTC. Advise them not to click any links or provide any information, and to report the message to the OTC at pressinquiries@tax.ok.gov.

OTC scam alert via X →

OMES & Oklahoma State Treasurer | In case you missed it: June 9, 2026

Oklahoma May 2026 Revenues Exceed Estimates — Ninth Consecutive Month of Growth

State Treasurer Todd Russ reported that total gross Oklahoma tax revenue for May 2026 reached approximately $1.3 billion, a 2.7% increase from May 2025, driven in part by strong gross production tax collections. This marks the ninth consecutive month of positive annual revenue growth.

The Office of Management and Enterprise Services (OMES) reported that General Revenue Fund (GRF) collections for May totaled $701.5 million — $64.9 million (10.2%) above the monthly estimate and $57.9 million (9%) above May 2025 levels. Year-to-date GRF collections stand at $7.9 billion, which is $458.3 million (6.2%) above estimate. The State Board of Equalization re-certified available funds on June 15 for FY 2027 appropriations.

What this means for your practice: Oklahoma's fiscal position heading into FY 2027 (beginning July 1) is stable and above projections. Business clients advising on state-level planning should note continued revenue strength across sales tax, income tax, and gross production categories.

Oklahoma State Treasurer May Revenue Report →

OMES May GRF Collections Report →

Section 3: Upcoming OSEA Events

Save the Date — Central Oklahoma Chapter Lunchtime Event

Date: July 10, 2026 | Lunchtime
Location: Oklahoma City, OK (venue TBD)

Join the Central Oklahoma Chapter for a lunchtime event featuring OSEA President Ed Moore as presenter. Topic and registration details are coming soon — watch your email and eaok.org/events for updates.

OSEA Board Meeting

Date: July 16, 2026 | 3:00–4:30 PM
Location: Zoom (virtual)

Regular monthly board meeting. All members and associates are welcome to attend.

Register →

Section 4: 2026 Annual Seminars

Both 2026 OSEA Annual Seminars are open for registration with early-bird pricing in effect. Attend both conferences and earn a $25 discount toward a 2027 event!

2026 OSEA Northeast Annual Seminar

Dates: October 29–30, 2026 | 8:00 AM – 5:00 PM each day
Location: Northeastern State University Broken Arrow, 3100 New Orleans Street, Broken Arrow, OK 74014
CE: Up to 16 CE units | In-person and virtual attendance available

Headliner Speakers:

• Marc J Dombrowski, EA — IRS collection and representation (Financial Analysis, Streamlined Installment Agreements, Offers in Compromise, Appeals, CDP, Transcripts)
• Jane Ryder, EA CPA — Tax planning and practice (Ethics, Name/Image/Likeness Income, QBI Maximization, Stock Options, Tax Planning for Business & Rentals)
• Mercean Lam, IRS Stakeholder Liaison — multiple IRS CE-eligible topics
• Mike Kaufmann — Oklahoma Tax Updates (non-CE)

Pricing (Early-Bird): Members $300 | Nonmembers $350
Prior-year attendees who attended both 2025 conferences may qualify for special loyalty pricing — check your email for a discount code.

Register →

2026 OSEA Oklahoma City Annual Seminar

Dates: November 12–13, 2026 | 8:00 AM – 5:00 PM each day
Location: Rose State College, 1720 Hudiburg Drive, Midwest City, OK 73110
CE: Up to 16 CE units | In-person and virtual attendance available

Headliner Speakers:

• David L Mellem, EA & Mary Mellem, EA — 15 CE hours covering Federal Tax Updates, Amended Returns, Basis Rules (Gift/Inheritance/Divorce), Business Credits, Teen's & Taxes, Ethics, Bankruptcy, and more
• Mercean Lam, IRS Stakeholder Liaison — multiple IRS CE-eligible topics
• Mike Kaufmann — Oklahoma Tax Updates (non-CE)
• Taxpayer Advocate Service — availability TBD

Pricing (Early-Bird): Members $350 | Nonmembers $400
Prior-year attendees who attended both 2025 conferences may qualify for special loyalty pricing — check your email for a discount code.

Register →

The Oklahoma Society of Enrolled Agents (OSEA) is a professional organization dedicated to representing and supporting enrolled agents in Oklahoma through education, advocacy, and networking opportunities. Visit us at EAOK.org for more information and resources.

Oklahoma Society of Enrolled Agents Recent Tax News Updates for Enrolled Agents June 15–21, 2026

As enrolled agents assisting clients with federal and state tax matters, staying informed on the latest IRS and Oklahoma Tax Commission (OTC) developments is crucial. Below is a curated summary of press releases and news items from the past week, including key highlights relevant to your practice, along with direct links to the source materials.

Section 1: IRS News Releases IR-2026-77 • June 17, 2026 ETAAC 2026 Annual Report Released with 18 Recommendations to Congress and IRS The IRS Electronic Tax Administration Advisory Committee (ETAAC) released its 2026 annual report containing 18 recommendations — six directed to Congress. Priority areas include AI and human-centered design in tax administration, digital filing and payments, sustained IRS funding, fraud prevention, and expanded authority for IRS to regulate non-credentialed tax return preparers. Why it matters: The recommendation for IRS authority to regulate non-credentialed preparers directly affects the competitive landscape for Enrolled Agents. ETAAC's input to Congress on this issue is worth monitoring as legislative proposals develop. Read more → IR-2026-75 • Recent update: June 8, 2026 IRS and Security Summit Partners Announce Restructured Fraud-Prevention Framework The IRS and Security Summit partners announced a restructuring of the public-private partnership designed to strengthen taxpayer protections and enhance information sharing across the tax system — bringing together state tax agencies and the tax industry to combat identity theft and cybercrime. Why it matters: As practitioners who handle sensitive client data, EAs should stay current on Security Summit protocols and the evolving framework for safeguarding taxpayer information. Updates to this partnership may affect firm-level data security requirements. Read more → IR-2026-76 • Recent update: June 8, 2026 27 States Elect to Participate in New Federal Scholarship Tax Credit (FSTC) Program The IRS announced that 27 states have elected to participate in the Federal Scholarship Tax Credit program established under the One, Big, Beautiful Bill Act. The FSTC allows eligible taxpayers to claim a federal tax credit for qualified contributions to Scholarship Granting Organizations (SGOs) that fund private elementary and secondary school scholarships. Why it matters: Clients who contribute to qualifying SGOs in participating states may be eligible for a new federal tax credit. Practitioners should verify whether their state is among the 27 participating and review the eligibility rules for advising clients. Read more →

Section 2: Oklahoma Tax Commission & State Tax News Oklahoma Tax Commission • June 17, 2026 Reminder: Fireworks Sales Tax Permit Required The Oklahoma Tax Commission issued a reminder that businesses selling fireworks must obtain a Fireworks Sales Tax Permit before making sales. This is particularly relevant for clients operating seasonal fireworks stands ahead of the July 4th holiday. Why it matters: EAs advising small business clients engaged in seasonal retail sales should ensure their clients are aware of this permit requirement to avoid penalties. Oklahoma Tax Commission → Oklahoma Tax Commission • June 15, 2026 Parental Choice Tax Credit (PCTC) Application Period Closed for 2026–2027 School Year The OTC's application window for the Oklahoma Parental Choice Tax Credit (PCTC) for the 2026–2027 school year closed Monday, June 15, 2026 at 11:59 p.m. CST. The program provides refundable tax credits of $5,000–$7,500 per child for private school tuition expenses, with families earning under $150,000 prioritized. The program's cap was raised to $275 million for the 2026–2027 school year under HB 3705. Why it matters: Practitioners with clients who applied should monitor their application status through OkTAP. Those who missed the window should note the next open enrollment period and plan accordingly. Read more → Oklahoma State Treasurer • Recent update: June 2, 2026 May 2026 Oklahoma Tax Revenue Report: $1.3 Billion, Up 2.7% Year-Over-Year State Treasurer Todd Russ released the May 2026 State Tax Revenue Report, showing total monthly gross receipts of $1.3 billion — a 2.7% increase from May 2025. Key figures include: Gross Production Tax (oil & gas) at $109.9 million, up 22.3% year-over-year; Sales & Use Tax at $599.5 million, up 4.6%; and Individual Income Tax at $407.1 million, down 0.9% following April's peak filing month. The rolling 12-month total reached $17.83 billion, up $951 million (5.6%) year-over-year — marking the ninth consecutive month of positive annual revenue growth. Why it matters: Strong energy revenues and stable consumer spending are favorable indicators for business clients in Oklahoma. The income tax dip reflects normal post-filing-season patterns and is not a cause for concern given the strong rolling 12-month trend. Read more → Oklahoma OMES • Recent update: June 9, 2026 May 2026 General Revenue Fund Collections 10.2% Above Monthly Estimate The Oklahoma Office of Management and Enterprise Services (OMES) reported that General Revenue Fund (GRF) collections for May 2026 totaled $701.5 million — $64.9 million (10.2%) above the monthly estimate and $57.9 million (9%) above May 2025. Year-to-date GRF collections through 11 months of FY 2026 stand at $7.9 billion, which is $458.3 million (6.2%) above the year-to-date estimate. The State Board of Equalization met June 15 to re-certify funds available for FY 2027 appropriations. Why it matters: Oklahoma's strong fiscal position heading into FY 2027 supports the state's ongoing tax reform initiatives, including the income tax phaseout fund. A well-funded state budget reduces the likelihood of emergency tax increases that could affect clients. Read more → Oklahoma Governor's Office • In case you missed it: April 23, 2026 Governor Stitt Signs HB 4072: Oklahoma Taxpayer Endowment Trust Fund Created to Phase Out Income Tax Governor Kevin Stitt signed House Bill 4072, creating the Oklahoma Taxpayer Endowment Trust Fund — seeding it with $200 million in existing state savings. The fund operates under a lockout period: withdrawals are restricted for at least 10 years or until the fund exceeds $1 billion, whichever comes first. After reaching that threshold, the board may authorize annual distributions of up to 4% of the fund's five-year average value to offset state income tax revenue, with the long-term goal of eliminating Oklahoma's personal income tax entirely. Why it matters: While this is a long-term initiative (the trust fund must grow for at least a decade before distributions begin), EAs should be aware of this policy direction when advising clients on Oklahoma tax planning. A phaseout of state income tax would significantly change the planning landscape for Oklahoma residents and businesses. Read more →

Section 3: Upcoming OSEA Events No OSEA events are scheduled for the next 14 days (June 23 – July 7, 2026). Our next board meeting is July 16. See the annual seminars below — early-bird pricing is currently in effect! View all upcoming OSEA events →

Section 4: 2026 OSEA Annual Seminars ★ Early-Bird Pricing Is Currently in Effect for Both Seminars — Register Now to Lock In the Best Rate! Bonus: Attend both the NE Oklahoma and OKC seminars and receive a $25 discount on a 2027 conference! 2026 OSEA Northeast Annual Seminar October 29–30, 2026 • 8:00 AM – 5:00 PM both days Northeastern State University – Broken Arrow 3100 New Orleans Street, Broken Arrow, OK 74014 Up to 16 CE units • Available in-person and via Zoom Headliner Speakers: Marc J. Dombrowski, EA — presenting on IRS representation topics including financial analysis, installment agreements, offers in compromise, Collection Due Process, appeals, and transcript analysis. (15 CE units combined with Jane Ryder) Jane Ryder, EA, CPA — presenting on ethics for tax practitioners, Name/Image/Likeness income, maximizing QBI deductions, stock options, and tax planning strategies for businesses and rentals. Additional presenters include IRS Stakeholder Liaison Mercean Lam (CE-eligible IRS topics) and Mike Kaufmann (Oklahoma Tax Updates, non-CE). Lunch is provided both days for in-person attendees. Zoom link provided one week before the event. Register → 2026 OSEA Oklahoma City Annual Seminar November 12–13, 2026 • 8:00 AM – 5:00 PM both days Rose State College 1720 Hudiburg Drive, Midwest City, OK 73110 Up to 16 CE units • Available in-person and via Zoom Headliner Speakers: David L. Mellem, EA and Mary Mellem, EA — presenting 15 CE units covering Federal Tax Updates, amended returns, basis rules (gifts, inheritance, divorce), business credits, teen taxes, ethics, and bankruptcy. Their session lineup covers a wide range of practical topics with direct application to your client base. Additional presenters include IRS Stakeholder Liaison Mercean Lam (CE-eligible) and Mike Kaufmann (Oklahoma Tax Updates, non-CE). Taxpayer Advocate Service participation is TBD. Lunch provided both days for in-person attendees. Zoom link provided one week before the event. Register →

The Oklahoma Society of Enrolled Agents (OSEA) is a professional organization dedicated to representing and supporting enrolled agents in Oklahoma through education, advocacy, and networking opportunities. Visit us at EAOK.org for more information and resources.

Oklahoma Society of Enrolled Agents • EAOK.org • 501(c)(6) Non-Profit Organization

Oklahoma Society of Enrolled Agents Weekly Tax News Update  |  June 8–14, 2026

As enrolled agents assisting clients with federal and state tax matters, staying informed on the latest IRS and Oklahoma Tax Commission (OTC) developments is crucial. Below is a curated summary of press releases and news items from the past week, including key highlights relevant to your practice, along with direct links to the source materials. Section 1: IRS News Releases IR-2026-76  ·  June 8, 2026 Oklahoma Among 27 States Enrolled in Federal Scholarship Tax Credit Program The IRS announced that 27 states — including Oklahoma — have elected to participate in the Federal Scholarship Tax Credit (FSTC) program created by the One Big Beautiful Bill. Eligible taxpayers may claim a federal tax credit of up to $1,700 for qualified contributions to Scholarship Granting Organizations (SGOs) that provide K–12 scholarships. What this means for your practice: Oklahoma has opted in, so your clients may be eligible for this new federal credit beginning in 2026. Practitioners should verify that SGOs their clients contribute to are on the IRS-maintained list of qualified organizations. The IRS will update the official list as states complete the required election and submission process. Read more → IR-2026-75  ·  June 8, 2026 IRS and Security Summit Partners Announce Restructured Fraud-Prevention Framework The IRS and its Security Summit partners announced a restructured public-private partnership to combat tax-related identity theft and fraud. The updated framework introduces five new work groups — covering pre-filing detection, threat forecasting, fraud prevention, real-time detection and reporting, and incident response — with expanded collaboration with payroll industry partners. What this means for your practice: Identity thieves are increasingly stealing tax and financial data to file authentic-looking fraudulent returns. Practitioners should reinforce client communication about protecting SSNs and financial data, and ensure their own Written Information Security Plans (WISPs) are current. Read more → Section 2: Oklahoma Tax Commission & State Tax News Oklahoma State Treasurer  ·  June 2, 2026 May 2026 Revenue Report: Oklahoma Revenues Maintain Positive Growth for 9th Consecutive Month State Treasurer Todd Russ released the May 2026 revenue report showing total monthly collections of $1.3 billion, up 2.7% year-over-year, marking the ninth consecutive month of positive 12-month growth. The rolling 12-month total reached $17.83 billion, up $951 million (5.6%) from the prior year. Tax Category May 2026 YoY Change Gross Production Tax (Oil & Gas) $109.9 million +22.3% Sales & Use Tax $599.5 million +4.6% Income Tax $407.1 million –0.9% Motor Vehicle Tax $127.4 million –2.9% What this means for your practice: Strong energy and consumer spending activity continues to support Oklahoma's fiscal position. The modest decline in income tax receipts after April's filing peak is seasonal and expected. Oklahoma's unemployment rate of 4.0% remains below the national average (4.3%), though inflation at 3.8% YoY continues to pressure clients' budgets. Read more → Oklahoma Tax Commission  ·  June 2026 June 2026 Sales & Use Tax Collections — City and County Rates The Oklahoma Tax Commission released the June 2026 Sales Tax News Release showing total statewide city collections of $209.3 million (up from $201.0 million in June 2025) and total county collections of $37.5 million (up from $35.4 million). The combined city and county total was $246.8 million, compared to $236.5 million a year ago — a 4.4% increase year-over-year. The report includes current tax rates and detailed collections data for every city and county in Oklahoma. What this means for your practice: This report is a valuable resource for clients operating across multiple Oklahoma jurisdictions. Rate changes are reflected in the data; review the report if you have business clients selling into cities or counties where the rate has recently changed. View Sales Tax Report (PDF) → In Case You Missed It  ·  April 23, 2026 Governor Stitt Signs HB 4072: Oklahoma Taxpayer Endowment Trust Fund — Path to Zero Income Tax Governor Kevin Stitt signed House Bill 4072, creating the Oklahoma Taxpayer Endowment Trust Fund with an initial investment of $200 million of existing state savings. Modeled after similar funds in Alaska, North Dakota, and Wyoming, the fund is structured with a lock-up period to grow the principal until investment earnings can eventually offset the need for a state income tax. Oklahoma's top income tax rate was reduced to 4.5% effective January 1, 2026, and this legislation sets a long-term structural path toward further reductions. What this means for your practice: While elimination of the state income tax is a long-term goal, practitioners should monitor legislative developments for any accelerated rate changes that could affect tax planning for clients in future years. Read more → Section 3: Upcoming OSEA Events ⚠ Upcoming Deadline: Act by July 10, 2026 Sooner Chapter Webinar: Recovering COVID Era Penalties and Interest — The Kwong v. United States Case Date: Thursday, June 18, 2026 Time: 11:30 AM – 1:00 PM Location: Online Virtual (Zoom) CE: 1 Hour Federal Tax Law  |  IRS Course ID: FAHHB-T-00195-26-O  |  No Cost John M. Perry III, EA, USTCP, presents on the landmark Kwong v. United States decision (U.S. Court of Claims), which holds that all tax filings, payments, and deadlines due on or after January 20, 2020 were extended until July 10, 2023. This ruling means income tax returns for 2019–2022 were effectively all due July 10, 2023 — and millions of taxpayers may be entitled to refunds or abatements of penalties and interest assessed during the COVID period. The deadline to file for these refunds is July 10, 2026. This is a time-sensitive opportunity for your clients. Register → OSEA Board Meeting — June 2026 Date: Thursday, June 18, 2026 Time: 3:00 PM – 4:30 PM Location: Zoom This is the regularly scheduled monthly board meeting of the Oklahoma Society of Enrolled Agents. All members and associates are welcome to attend. Register → Section 4: 2026 OSEA Annual Seminars Northeast Oklahoma Annual Seminar Date: October 29–30, 2026  |  Location: Northeast Oklahoma (TBD) Up to 16 CE units covering tax law, ethics, and federal tax updates. Available in-person and virtually. Registration opens soon at eaok.org. Oklahoma City Annual Seminar Date: November 12–13, 2026  |  Location: Oklahoma City (TBD) Up to 16 CE units covering partnerships, IRS updates, and more. Available in-person and virtually. Registration opens soon at eaok.org. The Oklahoma Society of Enrolled Agents (OSEA) is a professional organization dedicated to representing and supporting enrolled agents in Oklahoma through education, advocacy, and networking opportunities. Visit us at EAOK.org for more information and resources.

© 2026 Oklahoma Society of Enrolled Agents  |  EAOK.org Oklahoma Society of Enrolled Agents is a 501(c)(6) non-profit organization.