Episode 107 Weekly Tax Update for 12 19 2025

Описание: Weekly Tax Update — December 19, 2025 | USPS Postmark Rule Change, e-File Shutdown, PTIN/EA Renewals, IRS Processing Times, Cannabis Rescheduling & §280E, Gift-Tax e-Filing, Foreign Securities Letter | Tax Practice Pro

In this year-end explainer, John Sheeley EA distills the operational changes and policy moves you need before filing season ramps. We cover the Dec 24 USPS postmark change and how it affects “timely mailed, timely filed,” the true e-file shutdown timing vs. software vendor cutoffs, urgent PTIN/EA renewal milestones, a current IRS processing-times snapshot, the headline shift to Schedule III cannabis and what it means for §280E, plus newly announced gift-tax e-filing for Forms 709/709-NA and a Treasury foreign-securities questionnaire due March 6 with no extension.

12-19-2025-Weekly-Tax-Update-mp…

What you’ll learn

USPS postmark rule (effective Dec 24): Mail dropped in boxes may be postmarked only at the sorting center—use Certified Mail with Electronic Return Receipt or request hand-cancel at the counter; update your client instructions now.

12-19-2025-Weekly-Tax-Update-mp…

e-File shutdown, reality check: IRS remains open until Dec 26 at 11:59 a.m. ET, but some vendors cut off Dec 21–22—transmit earlier to preserve perfection windows.

12-19-2025-Weekly-Tax-Update-mp…

PTIN & EA renewals: PTIN due Dec 31 (fee $18.75). EA renewals for SSNs 4–6—file by Jan 31 to avoid inactive status; maintain 72 hours over 3 years with 2 ethics per year; keep certificates on file.

12-19-2025-Weekly-Tax-Update-mp…

IRS processing times (highlights): E-filed originals ~21 days; amended individual often 5–6+ months; 2848/8821 via Tax Pro Account ~1–2 business days; ID theft affidavits ~22 months; W-7 current to Sept 2025; 8802 ~2 months. Calibrate expectations and follow up with POAs/8821s.

12-19-2025-Weekly-Tax-Update-mp…

Cannabis → Schedule III: Ends §280E disallowance for compliant businesses going forward; expect practical impact beginning TY 2026. Start re-tooling chart of accounts, banking/card processing, and insurance assumptions; watch pending litigation for prior-year issues.

12-19-2025-Weekly-Tax-Update-mp…

“Record refund season” messaging: OBA highlights to brief now—quadrupled SALT cap, no-tax on tips, limited overtime adjustment, auto-loan interest, and a new 65+ deduction—driving unusually large TY 2026 refunds before normalizing later. Manage client expectations early.

12-19-2025-Weekly-Tax-Update-mp…

Gift-tax e-file arrives: 709/709-NA now e-file-eligible with appraisals and e-payments; expect fewer rejects and fewer “lost in the mail” risks.

12-19-2025-Weekly-Tax-Update-mp…

Foreign-securities reporting letter: New Treasury questionnaire goes only to selected taxpayers; due Mar 6, no extension—ask clients to alert you immediately if they receive it.

12-19-2025-Weekly-Tax-Update-mp…

IRS ops & staffing: Telework reversals, knowledge gaps, and service variability—prioritize e-payments and tighten follow-up cadences.

12-19-2025-Weekly-Tax-Update-mp…

Suggested chapters (add timestamps after upload)

USPS postmark change: protecting “timely filed”

e-File shutdown: IRS vs. vendor cutoff dates

PTIN/EA renewals: dates, fees, CE, ethics

IRS processing times: where delays are worst

Cannabis rescheduling → planning for §280E sunset

OBA year-ahead: refund expectations & client comms

Gift-tax e-filing (709/709-NA): setup & workflow

Treasury foreign-securities letter (Mar 6)

IRS operations: staffing, telework, and practice workflows

Helpful links to add before publishing

PTIN renewal (IRS)

EA renewal Form 8554 (pay.gov)

IRS e-File shutdown/rollover notice

IRS processing-times page

USPS Certified Mail / Electronic Return Receipt info

Background on cannabis rescheduling & §280E

Gift-tax e-file guidance (Forms 709/709-NA)

About this video
Published on the Tax Practice Pro YouTube channel. Presenter: Tax Practice Pro faculty (John Sheeley is not the speaker). Built for EAs, CPAs, and tax professionals who need practitioner-grade, implementation-ready guidance.

12-19-2025-Weekly-Tax-Update-mp…

Disclaimer
Educational content for tax professionals; not legal or tax advice. Policies and guidance may change—verify current IRS/state materials before advising clients.

SEO keywords / tags
USPS postmark rule 2025, IRS e-file shutdown 2025, PTIN renewal 2025, EA renewal 2026, IRS processing times 2848 8821, identity theft affidavits, cannabis Schedule III, section 280E, Form 709 e-file, Form 709-NA e-file, foreign securities Treasury letter March 6, SALT cap increase, no tax on tips, overtime adjustment, auto-loan interest deduction, PTC extension, Tax Practice Pro

#Tax #EnrolledAgents #CPAs #TaxPros #TaxTwitter #IRS #PTIN #EA #eFile #USPS #280E #Cannabis #GiftTax #ForeignAssets #Refunds