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-2026-124: IRS Announces 2026 Tax Professional Awareness Week
October 16, 2026
The IRS kicked off Tax Professional Awareness Week (week of October 19) with a webinar on October 21, "How Much Do You Know About Refundable Credits," plus videos on completing Form 8867 and avoiding common Schedule C errors, and information on Tax Pro Account and Taxpayer Advocate Service resources.
What it means for your practice: Good, free preparation for the 2027 filing season, especially on due diligence and refundable credit accuracy.
Read more →
IR-2026-123: Automatic Refunds for Adoption Tax Credit Carryforwards
October 16, 2026
For tax year 2025 only, adoption credit carryforwards from 2020 through 2024 can increase the refundable portion of the credit (up to $5,000 per qualifying child). The IRS is adjusting accounts automatically for 2025 returns filed before April 15, 2026, and has already refunded more than 50,000 taxpayers.
What it means for your practice: Affected clients generally do not need to amend; expect IRS notices within about 30 days and compare them to the 2025 return. Extension filers and accounts with identity theft indicators, freezes, or dependency conflicts will be reviewed later in 2026.
Read more →
IR-2026-122: Dyed Diesel Fuel Excise Tax Penalty Relief
October 14, 2026
Following the October 5 Executive Order, the IRS will not impose federal excise tax penalties on dyed diesel sold for or used on highways nationwide, retroactive to October 1 through December 31, 2026. State fuel taxes are not affected.
What it means for your practice: Relevant to fuel distributors, trucking, farm, and construction clients. No records are required to establish eligibility during the relief period.
Read more →
IR-2026-121: Proposed Regulations on Premium Tax Credit Reforms
October 14, 2026
Treasury and the IRS issued proposed regulations implementing Premium Tax Credit changes under the Working Families Tax Cuts law. Beginning in 2027, eligibility would be limited to citizens, U.S. nationals, and certain lawfully present noncitizens, with added verification for advance payments.
What it means for your practice: Clients who purchase Marketplace coverage may see changes in 2027 eligibility and advance credit verification. Review the Federal Register document for comment details.
Read more →
2. Oklahoma Tax Commission & State Tax News
Current notice (as of October 19, 2026): OkTAP Refunds Paused
An ongoing OTC notice indicates that certain refunds remain paused due to State Treasurer system issues. This notice was posted before the coverage week and remains active. Check the OTC newsroom for the latest status before advising clients on refund timing.
OTC Newsroom →
3. Upcoming OSEA Events
OSEA Education Committee Meeting
Friday, October 23, 2026, 9:00–10:00 AM • Zoom
A regular committee meeting open to members and associates to help plan educational events.
Register →
Free Gleim Webinar: Understanding the One Big Beautiful Bill Act Tax Changes
Friday, October 23, 2026, 11:00 AM–12:00 PM Central • Online (hosted by Gleim)
Presented by Sonia Singh, CPA of Gleim. A free overview of key OBBBA tax provisions for EAs, SEE candidates, and staff. No CE credit is listed. Registration is handled by Gleim.
Register →
2026 OSEA Northeast Annual Seminar
October 29, 8:00 AM – October 30, 2026, 5:00 PM • Northeastern State University, Broken Arrow (also online)
Up to 16 CE units. See the Annual Seminars section below for full details.
Register →
4. Annual Seminars
2026 OSEA Northeast Annual Seminar
October 29, 8:00 AM – October 30, 2026, 5:00 PM
Location: Northeastern State University – Broken Arrow, 3100 New Orleans Street, Broken Arrow, OK 74014. Lunch provided both days for on-site attendees.
CE: Up to 16 CE units; attend in person or online (Zoom link sent one week before).
Speakers: Marc J. Dombrowski, EA (financial analysis, streamlined installment agreements, offers in compromise, appeals, CDP, transcripts) and Jane Ryder, EA, CPA (ethics, name/image/likeness income, QBI, stock options, business and rental planning); IRS stakeholder liaison Mercean Lam (CE-eligible IRS topics); Mike Kaufmann with Oklahoma tax updates (non-CE).
Pricing: OSEA member $300; nonmember $350. Early-bird pricing ends today, October 20, 2026—register now to lock in these rates. Attendees of both 2025 events may use an emailed code for $275 member / $325 nonmember. Attend both the Northeast and Oklahoma City conferences and save $25 on a 2027 event!
Register →
2026 OSEA Oklahoma City Annual Seminar
November 12, 8:00 AM – November 13, 2026, 5:00 PM
Location: Rose State College, 1720 Hudiburg Drive, Midwest City, OK 73110. Lunch provided both days for on-site attendees.
CE: Up to 16 CE units; attend in person or online (link sent one week before).
Speakers: David L. Mellem, EA and Mary Mellem, EA (federal tax updates, amended returns, basis rules for gifted and inherited property, business credits, teens and taxes, ethics, bankruptcy); IRS stakeholder liaison Mercean Lam (1 CE hour); Mike Kaufmann with Oklahoma tax updates (non-CE).
Pricing: OSEA member $350; nonmember $400. Early-bird pricing is currently in effect (the site shows no end date). Attendees of both 2025 events may use an emailed code for $325 member / $375 nonmember. Attend both 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.
