The Treasury Department, in collaboration with the Internal Revenue Service, has released Revenue Procedure 2026-25, which establishes a gift‑tax safe‑harbor rule for contributions directed to accounts created under the Working Families Tax Cuts legislation. The guidance clarifies that qualifying contributions made to these specially designated accounts will not be subject to gift‑tax reporting requirements, provided that the contributors meet the criteria outlined in the procedure. This includes restrictions on the amount that can be contributed, the types of donors eligible, and the required documentation that must be filed with the IRS. By offering this safe harbor, the agencies aim to encourage charitable giving and financial planning that aligns with the objectives of the Working Families Tax Cuts, while ensuring compliance with existing tax law. The revenue procedure also details the reporting obligations for contributors, including the necessity to file Form 709 under the specified safe‑harbor conditions, and it provides examples of acceptable contribution structures. Additionally, the IRS has indicated that it will monitor the implementation of this guidance and may issue further instructions as needed. Taxpayers who wish to take advantage of this safe harbor should review the procedure carefully and consult tax professionals to ensure that their contributions meet all statutory and regulatory requirements.