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-2025-126, Dec. 23, 2025: The IRS has updated FAQs on changes to the limitation on business interest expense deductions under Section 163(j) as part of the One Big, Beautiful Bill, providing essential guidance for enrolled agents advising business clients on optimizing interest deductions and compliance. This helps in refining tax strategies for corporations and partnerships affected by the new rules. Link
IR-2025-127, Dec. 23, 2025: Updates to Premium Tax Credit FAQs address modifications from the One Big, Beautiful Bill and expired provisions, enabling enrolled agents to better assist clients with health insurance-related tax credits and ensure accurate Form 8962 filings. This is particularly useful for individual taxpayers navigating affordability and eligibility changes. Link
IR-2025-128, Dec. 29, 2025: The IRS announced an increase in the 2026 optional standard mileage rate for business use to 72.5 cents per mile, up 2.5 cents, which enrolled agents can use to advise clients on vehicle expense deductions for more favorable tax outcomes. This adjustment accounts for rising costs and impacts self-employed individuals and business travel reimbursements. Link
Oklahoma Tax Commission News
Dec. 23, 2025 (X post): The OTC announced holiday office closures on December 24 and 25, while emphasizing that online services via OkTAP remain available, allowing enrolled agents to guide clients on handling time-sensitive tax matters without interruption during the festive period. This ensures continued access to filing and payment options. Link (X)
Dec. 26, 2025 (X post): The OTC encouraged registration for fireworks sales tax permits via OkTAP ahead of New Year's Eve, which is relevant for enrolled agents representing retail or seasonal business clients to maintain sales tax compliance and avoid penalties. This timely reminder supports proactive planning for holiday-related sales activities. Link (X)
Upcoming OSEA Events
OSEA Education Committee Meeting, January 9, 2026: This regular meeting invites all OSEA members and associates to contribute ideas for planning educational events in 2025 and beyond, offering a great opportunity for enrolled agents to shape professional development resources. Join to network and influence future seminars and workshops. Registration Link
Major Annual OSEA Seminars
Northeast Oklahoma Annual Seminar (October 29–30, 2026): This premier event offers up to 16 CE credits, focusing on critical areas such as tax law updates, ethics, and federal tax changes to keep enrolled agents at the forefront of their practice. Featuring renowned headliners and expert speakers, it provides practical insights for client advisory services. Available in both in-person and virtual formats for convenient professional development.
Oklahoma City Annual Seminar (November 12-13, 2026): Enrolled agents can earn up to 16 CE units through sessions on partnerships, IRS updates, and advanced tax strategies, enhancing skills for complex client scenarios. With top headliners delivering actionable knowledge, this seminar supports ongoing education and networking. Choose in-person attendance or virtual participation for flexibility.
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.
