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-2025-108, October 27, 2025: Enrolled agents must renew their Preparer Tax Identification Numbers (PTINs) annually; the 2026 renewal period is now open, impacting tax practices by ensuring compliance for over 800,000 preparers to avoid penalties in client filings. Link: https://www.irs.gov/newsroom/irs-reminds-paid-tax-preparers-of-annual-ptin-renewal-requirement.
IR-2025-107, October 23, 2025: New FAQs in Fact Sheet 2025-08 clarify the dollar threshold for Form 1099-K reporting, affecting enrolled agents' advice on third-party payment network transactions for clients to ensure accurate information returns and avoid underreporting issues. Link: https://www.irs.gov/newsroom/irs-issues-faqs-on-form-1099-k-filing-threshold-under-the-one-big-beautiful-bill.
IR-2025-106, October 22, 2025: Fact Sheet 2025-07 provides guidance on restrictions for ERC claims filed after Jan. 31, 2024, for Q3/Q4 2021, requiring enrolled agents to counsel clients on potential denial of credits and refunds to manage claim expectations and compliance risks. Link: https://www.irs.gov/newsroom/irs-issues-faqs-on-limitations-for-employee-retention-credit-refunds-under-the-one-big-beautiful-bill.
IR-2025-105, October 21, 2025: Notice 2025-57 offers penalty relief and guidance for 2025 car loan interest reporting, assisting enrolled agents in advising business clients and lenders on new requirements to minimize non-compliance penalties during the transition. Link: https://www.irs.gov/newsroom/treasury-and-irs-provide-transitional-guidance-on-car-loan-interest-reporting-under-the-one-big-beautiful-bill.
Additionally, here are a couple of non-biased news articles on the recently passed IRS MATH Act:
Oklahoma Tax Commission News
October 27, 2025: The OTC provides guidance on setting up payment plans via OkTAP for those receiving billing letters, which enrolled agents can use to help clients manage tax debts efficiently without full immediate payment. Link: https://x.com/oktaxcommission/status/1982809599527760229 (from X).
October 23, 2025: The OTC highlights its resource page with helpful videos, including tutorials and walk-throughs, aiding enrolled agents in educating clients on tax processes and compliance. Link: https://x.com/oktaxcommission/status/1981329839190581462 (from X).
Major Annual OSEA Seminars
The Northeast Oklahoma Annual Seminar on October 30–31, 2025, at Northeastern State University in Broken Arrow, offers up to 16 CE units with sessions on retirement planning, estate and trust returns, ethics, S corporations, federal tax updates, and more. Headliners Randy Adams, EA, MSA, and Melinda Garvin, EA, will deliver key content, supplemented by Oklahoma tax updates and IRS discussions. This event supports enrolled agents' professional growth with both in-person and virtual options; register at https://eaok.org/event-5958673.
The Oklahoma City Annual Seminar on November 13–14, 2025, at OSU-OKC Student Center, provides up to 16 CE units focusing on partnerships, gross income, ethics, federal updates, and related topics. Featuring speakers Francis X. Degen, EA, USTCP, and Jane Ryder, EA, CPA, along with IRS and Oklahoma tax sessions, including in-person case resolution by the Taxpayer Advocate Service. Enrolled agents can attend in-person or virtually to meet continuing education needs; register at https://eaok.org/event-6030934.
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.
