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The Latest Breaking News from IRS

5 Digital Payment Habits That Can Trigger IRS Review

If you’ve ever sent money through an app and thought, “That was easy,” you’re totally right. However, it’s not always invisible. Digital payments have made splitting dinner, paying freelancers, and running side hustles incredibly convenient, but they’ve also made financial activity easier for regulators to track. The IRS isn’t lurking…

The Free Financial Advisor

Don't Fear the Next Tax Bracket: This Counterintuitive Move Could Save You (and Your Heirs) Thousands

Tax planning is a year-round effort that uses strategies like Roth conversions to reduce future bills, even if it means moving into a higher bracket temporarily.

Kiplinger

TPUSA IRS Investigation Claims Debunked as Treasury Confirms No Probe — But $500,000 Trump Access Email Verified

The IRS is reportedly investigating Turning Point USA for alleged tax law violations, following claims of illegal coordination with Donald Trump and a $500,000 contribution requirement.

International Business Times UK

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The ‘Inherited House’ Audit: Why the IRS Is Scrutinizing 2026 Home Sales Following a Parent’s Passing

Selling a parent’s home after they pass away can feel like the simplest part of a difficult process, but it’s becoming one of the most...

Saving Advice

Why the IRS Is Mailing New Refund‑Delay Notices — And What They Mean for You

If you were counting on your tax refund to cover bills, groceries, or even a small splurge, opening your mailbox to find an IRS letter...

Saving Advice

Missing This IRS Filing Deadline Leads to Automatic Penalties—No Exceptions

If you’ve ever told yourself, “I’ll get to my taxes later,” this is your wake-up call. The IRS isn’t known for flexibility, and when it comes to filing deadlines, it plays by a strict set of rules that rarely bend. Miss the cutoff—even by a day—and you could be facing…

The Free Financial Advisor

The New Retirement Math: How an Active Lifestyle Can Lower Your 2026 Taxes

Avoid rising IRMAA surcharges and discover how volunteering and part-time work keep more of your Social Security benefits tax-free.

Kiplinger

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Trump Allegedly in 'Active Negotiation' to Take $10 Billion Taxpayer Money From IRS Lawsuit

President Trump is negotiating a potential $10 billion settlement with the IRS, sparking debates over executive influence and taxpayer money.

International Business Times UK

The IRS Won’t Do This by Text or Email — but Scammers Will

Tax refund emails and texts claiming to be from the IRS are phishing scams. Learn about the warning signs and how to protect your identity this tax season.

GOBankingRates

Still Waiting on Your Tax Refund? Here's How to Track It After the 2026 Deadline

The IRS provides an online tool to track tax refunds, which can be delayed due to errors, security checks, or specific tax credits. Electronic filing and direct deposit expedite the process.

International Business Times UK

Selling a Long-Term Home Can Lead to Capital Gains Taxes—Even for Retirees

Selling a home you’ve lived in for decades can feel like a victory lap. You’ve built equity, watched your neighborhood evolve, and now you’re ready to cash in—maybe to downsize, relocate, or finally enjoy retirement without the upkeep. But here’s the curveball many retirees don’t see coming: a hefty tax…

The Free Financial Advisor

“For King, there was nothing particularly special about the show… It would go on to rank among the best live albums of all time”: The life and times of B.B. King

To celebrate the King of the Blues' centenary, we rewind the reels of a life story that’s equal parts pain and redemption…

Guitar World

Ask the Tax Editor, April 17: Questions on Tax Refunds and Penalties

In this week's Ask the Editor Q&A, Joy Taylor answers questions on tax refunds, how to get the IRS to abate a penalty and related topics.

Kiplinger

Where a Trump Account Might Fit in Your Financial Strategy for Your Newborn (Agree With Him or Not, Your Child Stands to Benefit)

From July, Trump Accounts will offer a potential $1,000 federal grant for children born in 2025 through 2028. There are some limits and unknowns, though.

Kiplinger

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We Got This Covered

SantaCon had New York City fooled for years. Turns out the only person getting gifts was the founder

Santa’s little secret just got out.

The Free Financial Advisor

6 IRS Notices That Can Lead to Unexpected Tax Bills

That letter from the IRS doesn’t just sit around quietly in the mailbox—it practically hums with anxiety and pressure. Most people assume they’ve done everything right when they file taxes, so any official notice feels like a mistake or, worse, a looming financial hit. The truth is, IRS notices often…

Clever Dude

The $19.99 “Shipping Fee” Scam: Why Your Credit Card Statement Has This Stealth Charge

Security experts are sounding the alarm after a new wave of sneaky charges—often labeled as a simple $19.99 “shipping fee”—has been quietly draining bank accounts across the country. At first glance, it looks harmless, like something tied to a past online order you barely remember.

Fortune

These Americans are refusing to pay their taxes in protest of the Trump administration

From a Brooklyn freelancer who hasn’t paid federal taxes since the Vietnam War to a new mom horrified by the Iran war, tax resisters say they’d rather face IRS consequences than fund policies they oppose.

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Saving Advice

Medicare Tip: Adults 65+ Can Use HSA Funds for Part B, Part D, and MA Premiums Tax‑Free

If you’re like most retirees, Medicare premiums quietly eat into your monthly budget—and they tend to rise over time. What many people don’t realize is...

Fortune

Elizabeth Warren on her proposal to bring back IRS Direct File: ‘For just one day of bombing Iran, we could pay for 20 years’

“For years, giant tax prep companies like TurboTax and H&R Block have rigged our system so they can cash in on your hard-earned dollars.”

Fortune

Over 296,000 happy users last year, 0 this year: How big tax prep crushed the IRS’s free filing tool

The Free Financial Advisor

Banks Are Holding Cash Transfers Over $2,000 for Verification—What Seniors Need to Know

A simple transfer should feel routine, but many seniors now run into unexpected delays when sending or receiving more than $2,000. Banks across the U.S. have increased scrutiny on transactions to combat fraud, and that includes everyday transfers that once moved instantly. This shift can feel frustrating, especially when the…

Clever Dude

Stop Answering These “Local” Area Codes: The Medicare ‘Verification’ Scam Is Back

Security experts are sounding the alarm after a new wave of Medicare “verification” scam calls started hitting phones across the country, and this time, the trick feels especially sneaky. Scammers no longer rely on obvious red flags like foreign numbers or robotic voices that scream fraud from the first second.…

GOBankingRates

8 Smart Ways Pre-Retirees Are Using a Tax Refund To Build Long-Term Wealth

Here are eight of the smart ways pre-retirees are using their tax refunds to build wealth.

International Business Times UK

Over 70 Jobs Now Qualify for 'No Tax on Tips' — Check If You're On The List

The IRS has clarified tax deduction rules for over 70 occupations relying on tips, allowing eligible workers to deduct up to $25,000 in qualifying tips from federal income tax from 2025 to 2028.

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