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The Latest Breaking News from IRS

The 10-Year Rule for Inherited IRAs

The IRS’ interpretation of the 10-year clean-out rule on inherited IRAs can be complicated.

Kiplinger

Tax complaint filed against rightwing parents’ rights group Moms for Liberty

Michigan attorney alleges organization, named an extremist group by Southern Poverty Law Center, in violation of non-profit status

The Guardian - US

In Alsip red-light-camera investigation, feds have done new interviews, issued subpoenas

Investigators recently approached or interviewed current and former village officials, asking how Alsip chose SafeSpeed as its red-light-camera contractor.

Chicago Sun-Times

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One Way to Secure Your Child’s Inheritance in an Uncertain Tax Future

Sometimes it might take an IDGT, or intentionally defective grantor trust, to preserve generational wealth. But how does that work?

Kiplinger

What comes next for Hunter Biden after plea deal derails?

US President Joe Biden’s son faces a criminal case and investigations in Congress. Here’s what you need to know.

Al Jazeera

What's next for Hunter Biden in court and Congress after his plea deal derails

The unraveling of Hunter Biden’s plea agreement has thrust his criminal case into uncertain waters and given new fodder to Republican critics in Congress as they push ahead with investigations into the president’s youngest son

The Independent UK

Impeach Biden? Yeah, they just might

The spineless speaker will ultimately do whatever Trump and MTG want. We know what that is — and it might work

Salon

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GOP try to block Hunter Biden plea deal at Delaware court hearing

The last-ditch filing from Rep Jason Smith kicked off a firestorm in Delaware court, which culminated in the judge threatening to sanction Hunter Biden’s attorneys

The Independent UK

Hunter Biden's guilty plea is on the horizon, and so are a fresh set of challenges

President Joe Biden’s son, Hunter Biden, faced new challenges on the eve of a scheduled court appearance Wednesday in which he’s set to plead guilty in a deal with prosecutors on tax and gun charges

The Independent UK

Why the IRS Shouldn't Literally Be Knocking at Your Door

The IRS is changing a longstanding practice that involved collecting tax debts through tens of thousands of unannounced home visits.

Kiplinger

IRS Email Scams to Watch Out for This Summer

The IRS has seen an increase in email scams this summer. If you see these tax-related messages in your inbox, don’t open them.

Kiplinger

GOP House Speaker Suggests Biden Probe Reaching Impeachment Level

Kevin McCarthy cites IRS whistleblowers and foreign funds investigation as evidence

Zenger

McCarthy raises Biden impeachment threat during Fox News interview

House speaker says he expects Republican investigation into family’s business affairs ‘to rise to the level of impeachment inquiry’

The Guardian - US

The IRS will stop making most unannounced visits to taxpayers' homes and businesses

The agency said instead it will send letters to certain taxpayers to set up face-to-face meetings.

WEKU

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Zenger

Rep. Raskin Likens Political Climate To Shakespeare’s ‘The Tempest’

Raskin draws parallels between current tumultuous landscape and Shakespearean play, emphasizing role of technology.

Kiplinger

IRS Tax Deadline Approaching for Storm Victims in These 4 States

The IRS extended the tax deadline to July 31 for storm victims in several states. Here are the counties in four states that need to file — and pay — federal taxes soon.

Reason

IRS Whistleblowers Claim Political Interference in Hunter Biden Investigation

Out with the old corruption and in with fresh scandals.

The Independent UK

Tony Bennett: the Great American Songbook crooner

The US singer successfully bridged the worlds of pop music and jazz on a global scale for more than 60 years

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Kiplinger

IRS Self-Employment Tax Audits of LLC, LP Members Kiplinger Tax Letter

Some LLC and LP members who don’t pay SECA taxes are on the IRS’s radar.

Kiplinger

Living Abroad for a While? Shakira Case Shows Taxes Matter — Wherever

Colombian pop star Shakira is facing a second investigation for alleged tax fraud in Spain in a case that shows how residency and living in another country can affect your tax bill.

Salon

MTG's Hunter Biden "d**k pics" backfire

AOC told Greene to look at Matt Gaetz if she wanted to follow evidence of "sex trafficking"

Tribune News Service

Santos off to slow start on constituent casework

WASHINGTON -- When Rep. George Santos took office amid revelations that he fabricated nearly every detail of the life he presented to voters, he claimed that he would nevertheless serve them faithfully in Congress.

Roll Call

Santos off to slow start on constituent casework - Roll Call

House offices can handle many constituent tax cases a month. The embattled New York Republican hasn’t.

The Independent UK

IRS steps toward a new free-file tax return system have both supporters and critics mobilizing

Plans by the IRS to test a new electronic free-file tax return system next year have got supporters and critics of the idea mobilizing over whether the government should set up a permanent program to help people file their taxes without needing to pay somebody else to figure out what…

The Independent UK

Republican claims of Biden family ‘corruption’ are being undermined by their own whistleblowers

Two federal law enforcement agents were scheduled to give evidence before the GOP-led House Oversight Committee on Wednesday

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