The Latest Breaking News from IRS

Five Year-End Tax Tips for Freelancers

These tax tips can help avoid IRS audits and possibly have you paying less taxes as a freelancer this year.

Kiplinger · Dec 11, 2023

IRS Will Tax Your ‘Walz Check’ Minnesota Rebate: What to Know

Minnesota Gov. Tim Walz used some choice words to describe the IRS decision to tax Minnesota 2023 rebate checks.

Kiplinger · Dec 10, 2023

RMDs Deadline Is Coming: What if You Don’t Need the Money?

New rules affect the age when you have to take your RMDs and what the penalty is if you mess up. There are also options to delay or avoid taking them.

Kiplinger · Dec 10, 2023

Will SCOTUS Strike Down Wealth Taxes?

The U.S. Supreme Court just heard arguments in a case that some say could upend the U.S. tax code.

Kiplinger · Dec 5, 2023

No, a fourth stimulus check isn’t coming in December, despite what you read online

No, you’re not getting a holiday bonus from the government.

Fortune · Dec 4, 2023

What is a traditional IRA? Here’s how using one can save thousands on your taxes

A traditional IRA is an individual retirement account that offers tax-deferred growth–but there are limits to what you can contribute each year.

Fortune · Dec 4, 2023

One Key Rule for Understanding 2023 RMDs

Required minimum distribution (RMD) rules can be confusing, but there is a guideline that can help.

Kiplinger · Dec 3, 2023

Tax Plans of the 2024 Presidential Candidates

Joy Taylor reviews the tax plans of the 2024 election candidates. With a raft of tax provisions due to expire in 2025, the tax stakes couldn't be higher.

Kiplinger · Dec 1, 2023

Kissinger Dies

Plus: Trump opts out of debates, blackface story gets a twist, AI-enhanced IRS, and more...

Reason · Nov 30, 2023

What Is a 403(b) Retirement Plan?

Many teachers and other non-profit workers are offered 403(b) plans, rather than a 401(k). But what is a 403(b)?

Kiplinger · Nov 30, 2023