The Latest Breaking News from IRS

Explore legal IRS tax‑saving strategies like solar tax credits, oil & gas loopholes, real estate cost segregation, QSBS gains and 'buy, borrow, die.'

Tax season is often viewed as a sprint to the finish line, but the boxes you check this April determine your financial stability for years...

Tax season 2026 has officially arrived, yet millions of families now face a digital wall. Many people count on this money to pay debt or repair vehicles. Consequently, you must brace for potential delays this year. The IRS has flagged specific returns for “enhanced review.” These returns often contain two…

If a “refund hack” sounds like it prints money, it usually prints problems instead. The IRS has been warning taxpayers that viral tax advice and DIY “tweaks” inside tax software can trigger inflated refunds that don’t actually materialize, get frozen for review, or get reversed after the fact. For DINK…

For the last few years, tax season for retirees was relatively boring. You took the standard deduction, ignored your shoe box of receipts, and filed...

For years, student loan forgiveness felt like a financial fairy tale — the kind where your debt disappears and everyone rides into the sunset with zero consequences. But starting in 2026, that dream comes with a plot twist that could hit your wallet hard. If your student loans are forgiven…

The average monthly Social Security payment for a retired worker was $2,071 in January 2026

We are approaching the halfway mark of 2026. For many retirees, January’s budget was set with optimism, but by June, the reality of “variable expenses”...

If you’re over 50 and you’ve been leaning on your 401(k) catch-up contribution to speed up retirement savings, 2026 may feel like a gut punch even if the dollar limit goes up. The issue isn’t that the IRS suddenly reduced how much you can save. It’s that a rule change…