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The Latest Breaking News from IRS

Financial Considerations For Americans Moving Abroad

Understand financial challenges for Americans moving abroad: banking, taxes, retirement, and estate planning. Seek expert advice for a smooth transition.

IRS Whistleblowers Reveal Evidence Of Hunter Biden's Alleged Schemes

Ongoing legal proceedings involving Hunter Biden's business dealings and potential influence of Joe Biden under scrutiny.

What Is Earned Income Tax Credit and Who's Eligible in 2024?

A comprehensive guide on the little-known Earned Income Tax Credit

Latin Times · Feb 26, 2024

From analysis to the latest developments in health,
read the most diverse news in one place.

Three Strategies for Small Businesses to Reduce Taxes

Small businesses can lower their tax liability by taking advantage of tax breaks, tax credits and charitable donations. Here are some options.

Kiplinger · Feb 26, 2024

What Every Woman Needs to Know Before Retiring

A look at how women need to prepare differently than men for retirement due to factors like longevity and earnings.

Kiplinger · Feb 24, 2024

US Hopes To Reap Windfall From IRS Crackdown On Wealthy Tax Dodgers

IRS ramps up efforts to combat tax evasion by millionaires and billionaires, citing annual evasion of over $150 billion.

International Business Times · Feb 22, 2024

529s: No Longer the Ho-Hum Investing Device for College

Changes to the plans allow for the savings to be rolled into a Roth IRA, as long as certain rules are met, if a child decides not to pursue their education.

Kiplinger · Feb 22, 2024

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IRS Launches Audits On Business Aircraft Personal Use

Learn about IRS audits on business aircraft, focusing on personal use and tax deductions. Detailed record-keeping is crucial for compliance.

Does Your Child Need to File a Tax Return This Year?

Here’s how to tell if your child needs to file a tax return and how it can impact your tax liability.

Kiplinger · Feb 21, 2024

Tax Deadline Extension Information For Taxpayers

Stay informed about tax deadlines, extensions, and penalties to ensure timely filing and avoid fees.

Will Your IRS Refund Be Less This Year?

Data show federal tax refunds are about $600 lower this year than last. Will you get less money back from the IRS this tax season?

Kiplinger · Feb 19, 2024

IRS campaign brings potential tax scrutiny for American soccer club owners

The IRS' Sports Industry Losses campaign has raised concerns for owners of American soccer clubs as it may scrutinize their reported tax losses.

Tax refunds in the US lower, IRS expects over 128 million returns

Find out why Americans are receiving smaller tax refunds this year. Discover the average refund amount, the IRS's explanation, and how to track your refund.

Bitcoin Taxes: Key Reminders to Stay IRS Compliant Amid Record High

Discover the top six things to keep in mind to stay out of IRS tax troubles as Bitcoin approaches its all-time high. Stay informed and avoid tax implications.

2026 Tax Deadline: Does Your State Have an IRS Disaster Extension?

The IRS has extended tax deadlines in several states due to severe storms, fires, hurricanes, and other natural disasters. See if you qualify for relief.

International Business Times · Feb 12, 2024

IRS Reports 29% Decrease In Average Tax Refunds For 2024

IRS notes a 29% drop in average tax refunds for 2024, citing factors like refund delays and inflation adjustments.

Kiplinger · Feb 9, 2024

How the IRS Taxes Retirement Income in 2026

It's important to know how common sources of retirement income are taxed.

Kiplinger · Feb 9, 2024

Did You Bet on Super Bowl 59? Don’t Forget Taxes

If you won or lost a bet on the big game, remember these sports betting considerations to avoid tax surprises later.

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news in one place.

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Bored Panda · Feb 8, 2024

55 American Marketing Scams That People Can’t Believe Others Fall For

This only can be labelled as marketing fraud - an illegal practice that makes false or misleading claims for financial gain. The post 55 American Marketing Scams That People Can’t Believe Others Fall For first appeared on Bored Panda.

Kiplinger · Feb 7, 2024

Minnesota Child Tax Credit in 2024: How Much Will You Get?

The Minnesota child tax credit is the highest state credit in the country. Here’s how to tell if you qualify — and how much money you’ll get.

Kiplinger · Feb 7, 2024

Mortgage Interest Tax Deduction: What You Need to Know

Should you claim the mortgage interest deduction when you file your federal tax return?

Kiplinger · Feb 7, 2024

Maine Tax Relief Granted Following Severe Storms

The IRS has granted Maine tax relief to taxpayers affected by severe storms late last year.

Bored Panda · Feb 7, 2024

Blind Student Follows Professor’s Rules And Turns In A Black Piece Of Paper: “Well Played”

An assistant to a blind student witnessed a creative and clever bit of malicious compliance when the student did exactly as the professor asked. The post Blind Student Follows Professor’s Rules And Turns In A Black Piece Of Paper: “Well Played” first appeared on Bored Panda.

Kiplinger · Feb 4, 2024

The Tax Forms Retirees Are Receiving in 2026 and What They're For

Knowing what forms you're getting and why is important so you can ensure that you and your tax preparer have what's needed to file your taxes.

Roll Call · Feb 3, 2024

New Israel supplemental readied in House, without offsets - Roll Call

Speaker Mike Johnson told GOP lawmakers Saturday that he's preparing to bring a stand-alone, $17.6 billion package for Israel to the floor.

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