The Latest Breaking News from IRS

The DOJ's Flimsy Legal Theories To Support Trump's 'Anti-Weaponization Fund'

Despite the administration's arguments, a multibillion-dollar settlement fund with no judicial oversight is fairly unprecedented.

Reason · May 26

401(k) to gold IRA rollover 2026: Why investors are shifting retirement savings into physical gold protection?

Retirement investors are rapidly searching for 401(k) to gold IRA rollover strategies as economic uncertainty grows across the United States. Rising inflation, volatile stock markets, and global tensions are reshaping retirement planning in 2026. Many Americans now want physical gold IRA protection instead of relying only on traditional 401(k) investments.…

The Economic Times · May 25

Beyond the BBQ: Memorial Day Is Also a Reminder to Claim the New $6,000 Senior Tax Deduction Before Summer

For many retirees, Memorial Day marks the unofficial start of summer, filled with cookouts, family gatherings, and travel plans. However, this holiday weekend is also...

Saving Advice · May 25

Our Taxpaying 'Golden Hour' Won't Last: These 4 Urgent Moves Can Help Insulate Your Wealth Before It's Too Late

The growing U.S. deficit can only be controlled by cutting spending, accelerating growth or raising taxes. The latter is a real risk, but you can be prepared.

Kiplinger · May 24

The Art of the Deal

The Trump/DOJ Settlement Agreement:—"Utterly stupid, morally wrong."

Reason · May 23

Tax Experts Warn U.S. Could Lose Up to $479 Billion in Revenue as Undocumented Immigrants Avoid Filing Taxes Out of Fear

The IRS has estimated that a 1% drop in voluntary tax compliance would result in roughly $46 billion in lost federal tax revenue.

Latin Times · May 23

Congress Democrats Grill Treasury Secretary About Trump's $1.8B Anti-Weaponization Fund

Democrats on the Senate Finance Committee asked Treasury and IRS officials to explain their role in an "Anti-Weaponization Fund" for people who claim they were wrongly targeted by the Biden administration.

International Business Times · May 22

Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal

SWAT damage, sloppy briefs, and forced confessions.

Reason · May 22

Trump Faced a $100 Million Tax Bill Until the IRS Was Ordered to Stop Auditing Him

Donald Trump's $100 million tax dispute over his Chicago skyscraper ends with a DOJ settlement barring IRS audits, sparking debate over tax accountability and legal precedents.

International Business Times UK · May 22

IRS wants to store your biometric data for longer to help in its investigations

New proposals would allow third-party contractor to hold onto U.S. taxpayers’ identifying information for up to three years after their accounts are closed, inviting privacy concerns

The Independent UK · May 22