The Latest Breaking News from IRS

A 'Mega Backdoor Roth' Can Save Thousands More for Retirement

This Roth retirement savings strategy allows high earners to sock away up to $72,000 a year — if their workplace plan permits it.

Kiplinger · Jul 15

By Blessing Corruption, Todd Blanche Has Disqualified Himself From the Job He Wants

Trump’s nominee for attorney general has repeatedly subverted justice to benefit his boss.

Reason · Jul 15

How to Check Your Social Security Earnings Record for Costly Errors

Your Social Security benefits are more than just a government check; they are the result of decades of your hard work, sacrifice, and financial contributions....

Saving Advice · Jul 14

The Todd Blanche hearings will test senators’ commitment to the rule of law

Trump’s former personal attorney has a vast slate of conflicts of interest. Will lawmakers do their job in his confirmation hearings?

The Guardian - US · Jul 14

Judge Rules Trump's $1.8 Billion IRS Deal Invalid – Then Calls Lawsuit an Attempt to Manipulate the Courts

A federal judge has invalidated Trump's IRS settlement, citing improper purpose and manipulation of courts, raising questions about the legitimacy of the process and future IRS examinations

International Business Times UK · Jul 14

Todd Blanche takes his turn on the hot seat

Todd Blanche faces his biggest public test Wednesday in his bid to serve as President Donald Trump’s fourth confirmed attorney general: a Senate Judiciary Committee with a pair of undecided Republicans. The panel’s two-day hearing, which will feature Blanche on the first day and outside witnesses on the second, will…

Roll Call · Jul 14

Trump's $1.78 Billion 'Anti-Weaponization' Fund Deal Had 'Never A Case Or Controversy, Rules Judge: 'Brought to Manipulate the Judicial Process'

A federal judge ruled that President Donald Trump’s settlement with the Justice Department over the leak of his tax returns stemmed from a lawsuit that lacked a genuine legal dispute and was used to legitimize the agreement in court.

Benzinga · Jul 14

The Rs 7.50 lakh myth: Why employer's NPS contribution must be included in salary for claiming deduction under Section 80CCD(2)

As the due date for filing ITRs for AY 2026-27 approaches, many salaried taxpayers are finding that the ITR utility does not allow deduction under Section 80CCD(2) unless the employer's NPS contribution is first included in salary. This article explains why the ITR utility is designed to work this way…

The Economic Times · Jul 14

A Federal Judge Slams Trump's IRS Lawsuit As a Pretext for Delivering a Phony 'Settlement'

U.S. District Judge Kathleen Williams concludes that the case never presented a true "case or controversy" because both sides were controlled by the president.

Reason · Jul 14

US judge voids Trump's 'improper' $1.8 billion settlement with IRS

A US judge on Monday voided a settlement between President Donald Trump and the Internal Revenue Service over his leaked tax returns, ruling the lawsuit was filed for an "improper purpose". The agreement had granted Trump, his family and business broad protections from tax audits following their $10 billion lawsuit.

France 24 · Jul 13