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The Latest Breaking News from IRS

‘I’m not going to jail’: Woman woke up to an extra $5,337 from the IRS, spent days trying to return it, then the internet stepped in

Not the kind of money problem you see everyday.

We Got This Covered

Warren Buffett's first tax return showed $7 owed to the IRS. The then-paperboy and former Berkshire Hathaway CEO is now worth $143 billion

That’s a far cry from the $26.8 billion Buffett said his company Berkshire Hathaway paid in 2024 taxes.

Fortune

Filing Taxes Last Minute? 8 Things to Double-Check to Avoid IRS Issues and Refund Delays

Tax Day is just around the corner. And while last-minute filing is common, rushing can cause mistakes that delay refunds, trigger IRS notices, or require costly corrections later.

Kiplinger

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

IRS Extension Warning: Why Filing for More Time Won’t Delay What You Owe

If you’re thinking about filing a tax extension this year, there’s one critical detail many taxpayers miss, and it can cost you. An extension gives...

Saving Advice

IRS Filing Alert: Why Some Seniors Are Choosing Extensions Before the April 15 Deadline

As the April 15 deadline approaches, many older Americans are making a surprising move—they’re choosing to file a tax extension instead of rushing their returns....

Saving Advice

IRS warns taxpayers to avoid common mistake as tax filing deadline nears

IN FULL

The Independent UK

IRS Mailing Warning: Why Your Tax Return Could Be Considered Late Even If Sent by April 15

If you’re someone who waits until the last minute and drops your tax return in the mail on April 15, there’s a new risk you...

Saving Advice

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Tax Day: Don’t Miss These Food Deals, Freebies and Special Discounts

You can score some sweet deals on April 15 in some select restaurants like Burger King, Shake Shack, Krispy Kreme, and more.

Kiplinger

The “Missing Signature” Email: The New FedEx Scam That Bypasses Your Spam Filter

Security experts are sounding the alarm after a new wave of “missing signature” delivery emails started slipping straight into inboxes without raising the usual red flags. These messages don’t scream scam at first glance, and that’s exactly what makes them dangerous. They look clean, polished, and surprisingly believable, which means…

Clever Dude

Tax Brackets Shifted: Who Pays More, Who Pays Less in 2026

Tax brackets shifted in 2026. Find out who pays more, who pays less and how the changes could affect your tax bill.

GOBankingRates

Already Filed Your Taxes but Need to Make a Change? Mistakes the IRS Will Fix and Red Flags That Could Delay Your Refund

Caught an error or missed a tax deduction after hitting submit? Before you rush to file an amendment, see which mistakes the IRS fixes for you and which ones require a Form 1040-X to save your refund.

Kiplinger

Tax Deadline Panic? How to Get an IRS Extension Until October 15 — But You Still Have to Pay

Learn how US taxpayers can extend their tax filing deadline to October 15 by submitting Form 4868 or using the IRS Free File system. Understand the process, penalties, and state tax rules.

International Business Times UK

5 More Ways to Address the Conundrum of Concentrated Stock

Managing a concentrated stock position is a complex puzzle involving diversification, liquidity, cost, tax and risk. Here are five ways to solve it.

Kiplinger

Juggling Multiple Side Hustles? 5 Tips To Keep Your Income IRS-Friendly

More than one extra source of income is great for building wealth, but it means more complications at tax time. Here are five ways to make filing smoother.

GOBankingRates

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news in one place.

100's of premium titles.
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GOBankingRates

Should You Expect To Inherit a Home? What To Know Before the Transfer Happens

From step-up in cost basis to insurance risks, learn what to do first when you inherit a home -- and some considerations on whether to keep, rent or sell.

Saving Advice

9 IRS Rules That Catch Retirees Off Guard Every Tax Season

Retirement is supposed to simplify life—but when tax season rolls around, many retirees find themselves facing unexpected surprises. From Social Security taxes to required withdrawals,...

The Free Financial Advisor

IRS Audits Very Few Returns — But These 5 Triggers Put You at Risk

A tax return travels through a system built to notice patterns, flag outliers, and question anything that looks even slightly off. That system doesn’t need to audit everyone to stay effective, and it doesn’t try to. The IRS audits a very small percentage of returns each year, which sounds comforting…

Kiplinger

Your Mailed Tax Return Could Be Late Under New USPS Postmark Rules: Here's Why and How to Avoid IRS Penalties

If you wait until April 15 to mail your IRS tax return, you might be in for an unpleasant surprise.

Get all your
news in one place.

100's of premium titles.
One news app.

GOBankingRates

3 Side Gig Tax Deductions People Misuse — and What Experts Say To Do Instead

Deductions can cut your side gig tax bill, but if you misuse them, you may risk penalties. Experts explain three common write-off mistakes the IRS flags.

GOBankingRates

If You Retired Early in 2025, What Taxes Do You Have To Worry About?

Before you head for the golf course or get on that cruise ship, below are some taxes you should know about.

GOBankingRates

I Asked ChatGPT Which Deductions Seniors Most Commonly Miss at Tax Time

GOBankingRates asked ChatGPT which tax deductions seniors most commonly miss to find out how much more money they could be saving -- here's what it said.

The Free Financial Advisor

The IRS Doesn’t Warn You Twice — Tax Deadlines That Could Cost You Thousands

Miss a deadline with the IRS, and the clock doesn’t pause; it charges. Every day that slips by can quietly stack penalties, interest, and stress until a simple oversight turns into a serious financial hit. The system runs on strict timelines, and it doesn’t slow down to offer reminders or…

GOBankingRates

I’m a Tax Preparer: The Refund Error That Triggers IRS Letters Most Often

Filing for a refund? A tax preparer reveals the error most likely to prompt an IRS letter and slow down your return.

GOBankingRates

7 Mistakes To Avoid When You File a Tax Extension

Here are seven mistakes to avoid when you file a tax extension to save you on penalties, interest and unnecessary financial stress.

Saving Advice

Expect Delays: IRS Help Less Accessible, Refunds May Take Longer, Say Experts

If you’re counting on a fast tax refund this year, you may want to prepare for delays—and frustration. Experts warn that the IRS is entering...

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