Trump Administration Unveils 2026 IRS-Treasury Agenda to Implement 2025 Tax Law

1 articles · Updated · Bloomberg Law · Jul 3

Friday’s agenda lays out dozens of IRS and Treasury rulemaking projects, making deregulation and rollout of Trump’s 2025 tax-and-spending law the agencies’ main tax priorities for 2026.
Key items target business tax changes from that 2025 law, including new rules on research-and-development deductions, expanded bonus depreciation and a looser cap on deducting business interest costs.
The plan, posted on the Office of Information and Regulatory Affairs website, maps the regulatory work now underway as the administration turns the GOP law’s statutory changes into detailed tax rules.
The agenda signals that tax implementation and deregulation will dominate Treasury and IRS policymaking next year, with businesses watching for how quickly the agencies convert those projects into final guidance.