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The Latest Breaking News from IRS

Filing Late? Here’s What the IRS Actually Charges After the April Deadline

It hits fast and without mercy: the calendar flips past April, and suddenly the IRS stops being polite and starts getting expensive. No gentle reminders, no grace period wrapped in a bow—just a system that begins stacking penalties the moment a return goes missing. That might sound dramatic, but the…

Everybody Loves Your Money

IRS Scam Alert: Ask This One Question Before You Pay—Most Callers Can’t Answer It

An unexpected phone call can flip a calm afternoon into a full-blown panic in seconds. The voice on the other end sounds serious, urgent, and just official enough to make anyone pause mid-step. The message lands hard and fast: unpaid taxes, legal trouble, immediate payment required. Suddenly, everything else fades…

Clever Dude

I Asked ChatGPT How To Maximize My Business Taxes and Save Thousands

I asked ChatGPT a simple question: How can business owners maximize their taxes and save thousands of dollars right now? Here's what it said.

GOBankingRates

From analysis to the latest developments in health,
read the most diverse news in one place.

What Happens To Your 2025 Taxes If You Retired but Returned to Work?

Going back to work in retirement can mean changes at tax time. Learn how that extra income might alter your obligations and what to expect when you file.

GOBankingRates

What gig workers and employees who get tips need to know about the new no-tax-on-tips tax break

About 1 in 10 American workers are earning a living as a gig worker. That means they find their customers through Lyft, DoorDash, TaskRabbit and other digital platforms, or do another form of what the IRS and others call “on-demand work.”

The Conversation

HMRC £50,000 Tax Rule Starts April 2026 as Questions Grow Over Who Needs to Pay

Discover how the new Making Tax Digital for Income Tax affects UK self-employed workers and landlords with income above £50,000, starting April 2026.

International Business Times UK

Why DOGE's legacy is hard to measure

Also: All the news and watercooler chat from Fortune.

Fortune

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Gen X Parents: 3 Tax-Time Moves That Could Keep More Money in Your Pocket

Here are three tax-time moves Gen X needs to know about.

GOBankingRates

Social Security Scams: Why Officials Issued a Warning for Retirees and Who Is at Risk

Authorities warn of rising Social Security scams, urging retirees to stay alert as fraudsters use convincing tactics to steal money.

International Business Times UK

Claiming Elderly Parents As Dependents: What If They Get Social Security?

If you’re helping support an aging parent, you might be leaving money on the table at tax time. Many people assume that once a parent...

Saving Advice

Direct Deposit Refunds Are Being Returned by Banks When Names Don’t Match the Account

Ever sent a payment into what you thought was a secure financial space, only to have it spit right back at you? That’s exactly what’s happening with direct deposit refunds lately. Banks across the country have started returning refunds when the name on the payment doesn’t exactly match the name…

The Free Financial Advisor

The Self-Employment Tax Shock Many Retirees Don’t See Coming

Retirees, especially those who had W-2 jobs during their working lives, might be surprised to learn how much tax they owe on these earnings.

GOBankingRates

5 Expenses You Can Still Deduct in 2026 — Even If You Take the Standard Deduction

While above-the-line adjustments are available to those who itemize and those who take standard deduction, there are possible limitations for some taxpayers.

GOBankingRates

I Asked ChatGPT What Happens If You File Your Taxes Late — Here’s What It Said

ChatGPT reveals what happens if you miss the tax filing deadline and how it could affect your refund and finances.

GOBankingRates

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GOBankingRates

I Asked ChatGPT What Would Happen If the US Taxed SNAP Benefits: The Answer Shocked Me

If SNAP benefits were taxed as income, what would happen? Here’s what ChatGPT says might happen, including shrinking grocery buying power. Find out more.

The Free Financial Advisor

Why Every Newly Married Woman Should Update Her Social Security Record Right Away

The wedding may be over, the dress carefully packed away, and the thank-you notes finally sent—but one tiny administrative task still carries massive importance. Updating a Social Security record after marriage does not exactly scream excitement, yet it quietly holds the power to protect future benefits, avoid frustrating delays, and…

GOBankingRates

The 5 Tax Mistakes Costing Americans an Extra $500 to $3,200 Per Year

From overlooked deductions to misreported investment income, tax professionals described the five tax mistakes that could cost thousands of dollars each year.

GOBankingRates

I’m an Accountant: The Most Common Tax Moves That Trigger Extra Scrutiny

An accountant explained to GOBankingRates common moves that can trigger IRS audits, including income mismatches, inflated deductions and rounded numbers.

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Saving Advice

The ‘Quarterly Trap’: Why So Many New Retirees Are Getting IRS Underpayment Notices

Retirement is supposed to simplify your life, but for many new retirees, it’s doing the opposite when tax season rolls around. Instead of a clean...

The Free Financial Advisor

Don’t File Yet: The Biggest Tax Mistakes You Might Make In 2026

Taxes. They sneak up every year like an uninvited relative at the holiday table, and just when you think you’ve got a handle on it, a tiny misstep can cost hundreds or even thousands of dollars. 2026 promises to bring fresh changes to deductions, credits, and reporting requirements, and ignoring…

Kiplinger

Ask the Editor, April 3: Questions on Tax Return Filing Deadline

In this week's Ask the Editor Q&A, Joy Taylor answers questions on the due date for filing your federal tax return and other tax filing subjects.

The Free Financial Advisor

IRS Refund Delays Surge: Incorrect Bank Info Is Triggering Weeks-Long Payment Holds

The refund clock has started ticking—and for a growing number of taxpayers, it has suddenly slowed to a crawl. What should feel like a quick financial win has turned into a waiting game, with weeks stretching out far beyond the usual timeline. A simple string of numbers, entered just slightly…

The Independent UK

5 Financial Freebies Every Investor Should Claim

How to increase wealth without the IRS taking a penny

GOBankingRates

Do You Have To Worry About Taxes If You Have SNAP Benefits?

Taxes are entirely off the table. Here's what you need to know, according to tax experts.

Saving Advice

The Mystery Box Scam: Why Unsolicited Packages Are a Red Flag for Identity Theft

You see there’s a package on the front porch, but you don’t remember ordering anything. Hey, we’ve all ordered some things from packages from Amazon...

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