The Latest Breaking News from IRS

For many retirees, the idea of selling their home for cash holds serious appeal. Quick closings, no repairs, and instant liquidity seem like the perfect...

President Donald Trump officially signed the Big Beautiful Bill into law on the Fourth of July and it officially ended the lucrative $7,500 Federal EV credit on all EV purchases. However, the credit is still in effect till September 30. Here's how you can still claim it on your new…

The bill will have ripple effects throughout the economy—and Americans’ bank accounts.

Retirement is supposed to be a time of relaxation, not a legal minefield. But for many seniors, a simple oversight or misunderstanding can accidentally lead to retirement fraud. These unintentional missteps can involve Social Security, Medicare, taxes, or benefits, often without the retiree ever realizing they’ve broken a rule. Unfortunately,…

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Looking for ways to earn extra cash? Side hustles are everywhere, promising flexible hours and quick money. But while many side gigs seem harmless, some can get you into hot water with the IRS if you’re not careful. The line between a legit side hustle and a tax headache is…

Rumours of a new $1,400 stimulus cheque are everywhere, but what's real? Discover what the IRS is actually sending in 2025 and how to avoid fraud.

When a loved one passes away, the bereaved family is left to navigate a maze of emotional and financial responsibilities. One of the most pressing concerns is settling the deceased’s outstanding debts. While it’s a common misconception that all debts are inherited, the reality is more complex. Certain types of…

The bill just passed by the Senate excludes immigrants and their citizen relatives from certain tax credits while dramatically hiking the fees immigrants must pay to access the asylum system.