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The Latest Breaking News from IRS

The IRS Timing Rule That Can Push Income Into a Different Tax Year

Have you ever thought about how the exact timing of a paycheck or a freelance invoice could drastically alter your tax bill? It might sound like a small detail, but the IRS has rules that can move income from one tax year to the next, and getting them right—or wrong—can…

The Free Financial Advisor

The $6,000 OBBBA “Paperwork Trap”: 6 Tax Documents That Will Delay Your 2026 Refund

The headline news for the 2025 tax season (filed in 2026) is the “One Big Beautiful Bill Act” (OBBBA) senior deduction, which offers a massive...

Saving Advice

4 Tax Scams Retirees Should Watch Out For in 2026

In 2026, tax risks extend beyond filing errors or missed deductions. Tax and fraud experts explained what to look for and how retirees can protect themselves.

GOBankingRates

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IRS just admitted to a massive privacy failure – handing thousands of confidential taxpayer files straight to ICE

Where all is ICE mining information from?

We Got This Covered

How To Reclaim Overpayments on Tips Today

The good news is that overpaid taxes are not lost. Here's how to reclaim overpayments on tips today.

GOBankingRates

Presidents’ Day Delay: Why Your Refund Won’t Hit Your Bank Until at Least Tuesday

Millions of early filers find themselves stuck in a holding pattern. The calendar, rather than a mistake on your return, caused this delay. Presidents’ Day creates a hidden system of banking holidays and federal pauses. These factors create a significant bottleneck for your money. Frustrating timing is not your fault,…

Budget and the Bees

Why the 2026 tax filing Deadline actually matters for U.S. taxpayers

The tax filing Deadline affects more than penalties. Learn how Tax Filing timing impacts refunds, payments, extensions, and IRS processing for U.S. taxpayers.

inkl

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OpenAI has deleted the word ‘safely’ from its mission – and its new structure is a test for whether AI serves society or shareholders

OpenAI, the maker of the most popular AI chatbot, used to say it aimed to build artificial intelligence that “safely benefits humanity, unconstrained by a need to generate financial return,” mission statement. But the ChatGPT maker seems to no longer have the same emphasis on doing so “safely.”

The Conversation

The “Ghost Refund” Issue: Why Thousands are Seeing IRS Deposits for $0 Today

Many taxpayers recently noticed a strange phenomenon in their bank accounts. They expected a full tax refund but instead found a pending deposit from the IRS for exactly $0. This ghost refund has sparked confusion across social media and financial forums. While seeing a zero-dollar transaction looks alarming, it is…

Budget and the Bees

9 Tax Deductions That Quietly Trigger IRS Review for Side Hustlers

If you’re a side hustler, freelancer, or gig economy wizard, you already know that tax season can feel like walking a tightrope over a pit of angry paperwork. Claiming deductions isn’t just about trimming your tax bill—it’s about survival, sanity, and sometimes, the thrill of seeing your numbers line up…

Clever Dude

Trump’s $10 billion lawsuit against the IRS just led to the introduction of the ‘Stop Presidential Embezzlement Act’

They see a massive conflict of interest.

We Got This Covered

The “Household Worker” Rule: When Paying Caregivers in Cash Can Trigger IRS Problems

Many families hire help under the table, viewing the cash payments to a cleaner, nanny, or senior caregiver as a private arrangement. However, the IRS...

Saving Advice

The Venmo Privacy Setting That Can Trigger Unwanted Tax Reporting

Venmo feels like the digital equivalent of tossing a few bills to a friend across a table. It’s fast, casual, and so woven into everyday life that most people barely think about it as “financial infrastructure.” But under the hood, Venmo is also a payment processor that plays by the…

The Free Financial Advisor

IRS audit 2026: What happens after you’re selected and your next steps

‘Tackle it quickly. Meet their deadlines,’ one expert said

The Independent UK

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Clever Dude

8 Tax Write-Offs That Are Instant Red Flags for 2026

Taxes are one of the few things in life that can feel both boring and terrifying at the same time, which is a wild combo when you think about it. Everyone loves the idea of a big write-off, but not every deduction is the financial win it looks like on…

The Independent UK

Creator of world-first brain chip says technology is at a ‘tipping point’

Professor John Donoghue, who created the first brain chip called BrainGate, has won the Queen Elizabeth Prize for engineering

Kiplinger

Why 'Locking' Your Social Security Number Is the New Credit Freeze

Here is how to keep your Social Security number private in an age of aggressive cybercriminals.

GOBankingRates

7 Reasons Your Tax Refund Might Be Smaller in 2026 — and How To Fix It

Income changes, multiple jobs, kids aging out, unpaid debts and investment gains can shrink your 2026 tax refund. Here's how to fix it before you file.

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GOBankingRates

How Much You’d Take Home Making $250K a Year If Trump Eliminates Income Taxes

President Donald Trump has proposed the elimination of the federal income tax. But what would that mean for your take-home pay if you make $250,000.

The Independent UK

A privacy breach at the IRS: Taxpayer data wrongly shared with DHS, court filing says

The IRS has erroneously shared the taxpayer information of thousands of people with the Department of Homeland Security, according to a new court filing

The Independent UK

How Mexican cartels employ drones as tools to smuggle drugs and fight enemies

The temporary closure of airspace over El Paso, Texas has caused unease south of the U.S. border and put the spotlight on the use of drones by Mexican cartels

Saving Advice

The “Check Fraud” Spike: 8 Ways Seniors Get Drained After Mailing One Bill

The simple act of mailing a check to pay a utility bill has become one of the most dangerous financial behaviors for seniors in 2026....

The Independent UK

Five reasons hiring an accountant could save you money on taxes

Tax season is in full swing, and the Internal Revenue Service estimates that U.S. taxpayers will file around 164 million individual federal returns.

The Free Financial Advisor

IRS 1099-K Rules in 2026: Who Must Report Payments This Year

The IRS has been adjusting the 1099-K reporting rules for years, and 2026 was shaping up to be the moment when everything changed. After delays, phased rollouts, and more confusion than anyone asked for, this was the year when millions of Americans were going to make major tax changes. Whether…

GOBankingRates

New Retirement Limits in 2026: Strategies To Max Out Even on a Middle-Class Income

Find out how a middle-class worker with five-figure pay can max out a five-figure retirement fund.

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