The Latest Breaking News from IRS

Immigration budget bill suffers setback as House leaves town

A GOP reconciliation bill for immigration enforcement appeared to be skating on thin ice Thursday night as the House suddenly left town for the week and lawmakers continued to wrangle over a Justice Department “anti-weaponization” fund. Senate opponents of the nearly $1.8 billion fund — derided by critics as a “slush…

Roll Call · Jun 4

Estimated Tax Payments Are Due in June — Missing It Costs More Than People Expect

June doesn’t just bring summer plans, vacations, and longer days—it also brings one of the most overlooked financial deadlines of the year. The IRS expects millions of taxpayers to submit estimated tax payments by mid-June, and missing this date can quickly snowball into penalties that feel far bigger than most…

The Free Financial Advisor · Jun 4

What Most Users Still Don’t Know About Venmo, PayPal, and Their Taxes

Cash apps changed how money moves in everyday life, but tax rules moved just as fast behind the scenes. Venmo and PayPal now sit at the center of income reporting conversations, especially for freelancers, side hustlers, and small sellers. Many users treat these apps like casual wallets, yet the IRS…

The Free Financial Advisor · Jun 4

IRS tax refund news June 2026: Which taxpayers qualify for delayed refunds and when could payments arrive?

More than $3,400 is the projected average IRS tax refund for many eligible filers this year, making tax refund updates one of the most searched financial topics in June 2026. Thousands of taxpayers are still waiting because of disaster-related filing extensions, paper return processing, and missing direct deposit details. If…

The Economic Times · Jun 3

Rat infestation in IRS building leads to staff sitting on their desks, report says: ‘Falling out of ceilings’

Management has deployed traps throughout the Chamblee Tucker Road facility, though the whistleblower claims some of the rodents are too large for the devices

The Independent UK · Jun 3

Trump’s IRS deal to avoid tax investigations could be in big trouble

ANALYSIS: A federal judge could sanction everyone involved over allegations of ‘serious misconduct’ in the president’s lawsuit against himself, Alex Woodward writes

The Independent UK · Jun 3

Slush Fund, We Hardly Knew Ye

I have bad news for the Acting Attorney General: This shitshow is not going away any time soon.

Reason · Jun 3

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits

Treasury Secretary Scott Bessent is refusing to say whether President Donald Trump and his family will still receive immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund

AAP · Jun 3

Trump's Immunity Deal Stinks Even More Than His Blatantly Corrupt 'Anti-Weaponization Fund'

An addendum to the president's "settlement" of his lawsuit against the IRS shields him and his family from liability for any federal offenses they committed prior to May 19.

Reason · Jun 3

Filing an Extension Doesn’t Protect You From Late Payment Penalties — Here’s What Does

Tax season creates a rush of confusion, deadlines, and last-minute decisions that often lead to costly mistakes. Many taxpayers assume that filing an extension buys extra time for everything related to taxes, including payments. That assumption leads straight into one of the most expensive misconceptions in personal finance. The IRS…

The Free Financial Advisor · Jun 3