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The Latest Breaking News from IRS

13 Things Every Worker Needs to Know About the 2026 W-4 Form

Knowing how this IRS form works can help with new jobs, tax refunds, and avoiding estimated tax payments in 2026.

Kiplinger

How did the child tax credit change over time?

The American Rescue Plan temporarily increased the child tax credit per child and expanded eligibility for lower income families. Now the credit is back to pre-pandemic levels.

USAFacts

How many new business applications were filed in 2020?

New business applications increased more in 2020 than the past 15 years combined.

USAFacts

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How to Calculate RMDs (Required Minimum Distributions) for IRAs

Understand when and how to calculate RMDs and avoid stiff penalties from your tax-deferred IRA.

Kiplinger

Most-Overlooked Tax Breaks for Retirees and People Over 65

If you're over 65, don't miss out on these overlooked tax breaks for retirees.

Kiplinger

Taxes on Gambling Winnings and Losses: 9 Tips to Remember

Whether it’s online sports betting, a casino win, or a horse bet, don’t forget the gambling tax.

Kiplinger

How Long Should You Keep Tax Records?

The IRS hasn't gone away — so don’t destroy tax documents until the time limit for an audit runs out, or maybe even longer.

Kiplinger

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Should You File a Tax Extension? 5 Pros and Cons to Weigh Before April 15

It’s easy to extend your 2026 tax filing deadline to October, but don't ignore the April payment requirement.

Kiplinger

When Are Estimated Tax Payments Due in 2026?

You make quarterly estimated tax payments to the IRS if you are self-employed or don’t have taxes withheld from your income for other reasons.

Kiplinger

Required Minimum Distributions (RMDs): Rules, Deadlines, and SECURE 2.0 Changes

Here are some basics to know about RMDs and how these distributions can impact your taxes.

Kiplinger

The Roth IRA Advantage: 10 Things Every Saver Needs to Understand

A Roth IRA can be a great way to save for retirement, as the accounts have no required minimum distributions and you can withdraw the money tax-free.

Kiplinger

How Are Annuity Withdrawals Taxed?

Annuities offer powerful tax advantages and have a few pitfalls (that are avoidable). Here's how to cut your taxes and avoid surprises.

Kiplinger

11 Overlooked Tax Deductions and Credits

Don’t miss these often overlooked tax deductions and credits when you file your tax return this year.

Kiplinger

What Are Your Chances of an IRS Audit? 15 Audit Red Flags

These red flags could increase your chances of the IRS selecting your return for audit.

Kiplinger

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How Charitable Donations Can Reduce Your Taxes

Is claiming a charitable donation tax deduction the right choice for you this tax season?

Kiplinger

Tax Extension: How to Get More Time to File Your Tax Return This Year

If you can't finish your federal tax return by Tax Day, you can get more time by filing a tax extension.

Kiplinger

14 Education Tax Credits and Deductions to Know

From the $20,000 529 plan expansion to the return of the student loan "tax bomb," here's how you'll pay for school in 2026 and where to save.

Kiplinger

Seven Things to Do Right Away If You're a Victim of a Data Breach

In today's digital age, data breaches have become all too common and leave unsuspecting consumers vulnerable to a host of identity theft issues.

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Ways to Keep More of Your Money in Retirement

No one likes paying taxes, especially once you've retired. So here are some steps to consider now that could help minimize your taxes later.

Kiplinger

Deduct Expenses for Long-Term Care on Your Tax Return

The IRS allows some limited tax breaks on medical expenses and insurance premiums related to long-term care.

Kiplinger

12 Tips on How and When to File an Amended Tax Return

What to do if you discover a mistake on a previously filed tax return (and other reasons for filing an amended tax return).

Kiplinger

Qualify for Roth IRA Contributions by Lowering Your Income

If your income is just above the cutoff (MAGI) to qualify for Roth IRA contributions, these strategies will help you meet it and lower your taxes.

Kiplinger

Roth IRA vs. Traditional IRA: Which is Better?

Deciding between a Roth IRA vs. traditional IRA means understanding the differences for tax implications and qualifications.

Kiplinger

10 Places Where You Should Never Give Your Social Security Number

Here's how to lower the chances of your Social Security number falling into the wrong hands — and what to do if it does.

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