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The Latest Breaking News from IRS

5 Retirement Tax Myths That Sound Smart — Until You Do the Math

Here are five retirement tax myths that sound smart, until you do the math.

GOBankingRates

Washington D.C. Alert: Commuter Tax Benefits You Can Actually Use in 2026

Commuting in Washington D.C. just got more interesting—and potentially more rewarding. While the District did not create new commuter tax rules for 2026, the IRS has increased the federal commuter benefit limits, and D.C.’s existing commuter-benefits laws continue to shape how employers must support transit-friendly commuting. Together, these updates influence…

Everybody Loves Your Money

I Reviewed 3 ‘Tax Hacks’ From Social Media — Only 1 Was Actually Safe

It's tax season and the TikTok tax hack crowds are out in full force, doling out questionable tax avoidance strategies. Learn More: 5 Tax Loopholes the Ultra-Wealthy Use That Most Americans Don't Know...

GOBankingRates

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Tax Changes That Could Lower Your 2025 and 2026 Bills

How to make the most of tax changes in President Donald Trump's "big beautiful bill."

Kiplinger

4 States That Have Extended Tax Deadlines in 2026 — What It Means for Your Return

Is your tax deadline extended? Some residents in four disaster-affected states now have more time to file. Discover the new dates and how to use the extra time.

GOBankingRates

I Asked ChatGPT Which Tax Mistakes Trigger Audits: Here’s What To Avoid

Tax season can be pretty stressful. ChatGPT flagged some common IRS audit risks -- from missed income to crypto and deductions -- that filers should avoid.

GOBankingRates

IRS glitch masked $51m in political donations, finance watchdog says

Exclusive: Error in second half of 2025 came after IRS saw over a quarter of its workforce reduced after huge cuts by Doge

The Guardian - US

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The ultimate guide to retirement: From starting out in your 20s to hitting withdrawal time in your 60s

In many ways 401(k) retirement accounts are like a race: you need a different approach to the middle and end to the one you needed at the start

The Independent UK

Beware: AI-Driven IRS Scam Calls Targeting Taxpayers Ahead of April 15 Deadline

As tax season approaches, the IRS warns of new scams targeting taxpayers. Learn how to protect yourself from fraudsters using fake emails, AI calls, and more.

International Business Times UK

The IRS Says It's Going to Levy My Bank Account for Taxes My Partner and I Owe, but I Didn't Even Know About the Debt. What Can I Do?

If the IRS is levying your assets for a spouse's errors, you aren't out of options. Here's how to separate your liability and protect your bank account from taxes you don't actually owe.

Kiplinger

I’m a CPA: 3 Questions Lower-Income Americans Should Ask Themselves Before Filing

Before you file taxes, see if you qualify for IRS Free File, tax credits or free help. These questions could help low-income filers with their tax return.

GOBankingRates

I'm a CPA: This Is the High Earner's Guide to Winning Your 2026 Tax Season

Tracking activity as early as possible in the year will help you deal with rule changes and avoid last-minute moves when it's time to file your taxes.

Kiplinger

Tax Day Countdown: 4 Smart Moves To Make Before You Hit ‘Submit’

Before you hit “submit,” be sure to review your tax return for errors, missed credits, payment options and banking details to avoid penalties and delays.

GOBankingRates

I Asked a CPA Which Receipts Actually Matter — and Which Ones Don’t

Are all receipts are worth saving for your taxes? CPAs provide a framework for how to decide whether to keep a receipt for tax purposes or get rid of it.

GOBankingRates

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International Business Times UK

IRS Pandemic Tax Refund — New Legal Twist Could Put Money Back In Your Pocket

A recent court ruling could mean millions are eligible for tax refunds on penalties paid during the COVID-19 pandemic. Learn how to check your eligibility and claim your refund.

Kiplinger

5 Reasons Your Tax Refund Might Be Delayed and How to Fix It

Is your IRS refund taking forever? From filing errors to identity verification, here are five reasons for a tax refund delay, and what you can do today.

Kiplinger

People Are Using AI to Find Bigger Tax Refunds: Here’s What the IRS Says

Viral posts claim AI chatbots can review a filed tax return and uncover missed refund money. Here’s what the technology can realistically do and when it may make sense to file an amended return.

The Independent UK

IRS may owe you a tax refund from the Covid pandemic — check to see if you’re eligible

‘Recent court decisions have created a significant, and largely overlooked, opportunity to secure substantial refunds,’ tax experts say

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I Asked ChatGPT How To Prepare for Tax Season in 30 Days — Here’s the Checklist

ChatGPT outlined a 30-day tax preparation plan covering documents, filing options, identity protection and final checks to help you file with confidence.

The Guardian - US

Trump administration to slash fee to renounce US citizenship from $2,350 to $450

White House will take a financial loss to make it easier for Americans to walk away from citizenship starting in April

International Business Times UK

830K US Taxpayers Receive IRS Refund Delay Notice for Paper Check Requests

Close to a million US taxpayers received CP53E tax notices about refund delays of up to 6 weeks for paper check requests. They have 30 days to update banking details via online IRS account to expedite refunds.

Fortune

‘No, we didn’t’: DOGE staffers admit Elon Musk’s cost-cutting agency failed to reduce the federal deficit

At DOGE’s inception, Musk claimed the advisory could slash $2 trillion from the U.S. federal budget.

The Free Financial Advisor

The $19,000 Power Play: How to Shrink Your Taxable Estate Before the Government Takes Half

The IRS does not send friendly reminders. Oh no, it sends tax bills instead. And when it comes to estates, it can grab nearly half of your hard-earned assets if no planning exists. Yet Americans who know the rules can legally shrink their taxable estate with smart, surprisingly simple moves.…

Everybody Loves Your Money

The $19,000 Gift Rule: How Families Transfer Money Tax-Free

Money moves through families every day, but very few people understand the simple rule that allows thousands of dollars to change hands without triggering federal gift taxes. That rule currently sits at $19,000 per person, per year, and it quietly plays a powerful role in how families build wealth across…

International Business Times UK

IRS Refund Alert: Court Ruling Opens Door for Pandemic-Era Tax Refunds Until 2026

A recent court decision may allow millions of Americans to claim IRS refunds for penalties and interest charged during the pandemic. Learn how to check your eligibility and file a claim before the 2026 deadline.

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