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The Latest Breaking News from IRS

7 Tax Deductions That Could Trigger an IRS Audit

Nobody wants to hear from the IRS after filing their taxes, especially if it’s about an audit. Seriously, it is a fear many American adults share. While audits are rare (less than 1% of individual returns are flagged), certain deductions can draw unwanted attention. These aren’t necessarily “bad” deductions, but…

Clever Dude

12 Little-Known Tax Breaks for Middle-Income Families in 2026

The 2026 tax season is officially the first full year under the One Big Beautiful Bill (OBBB) Act, a sweeping piece of legislation that has...

Saving Advice

Bank Tellers Warn: 5 Reasons We Are Flagging Your Cash Withdrawals in 2026

In 2026, using cash feels almost rebellious. With digital wallets, biometrics, and instant transfers dominating the economy, walking into a branch to withdraw a stack of physical currency is becoming a rare event. Because of this shift, financial institutions are on high alert. Tellers are no longer just customer service…

Budget and the Bees

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The $10K US Car Tax Hack You Don't Want to Miss

The IRS has released official guidance on how Americans can deduct up to $10,000 in car loan interest annually through 2028. Here's what qualifies.

International Business Times UK

Asset Underused: 4 Plays Advisors Say Most Investors Overlook

Investing isn’t just about buying the latest hot stock or following every headline that flashes across your phone. The smartest investors often win not by chasing the obvious, but by exploiting the hidden opportunities that most people ignore. While many focus on the loud, flashy moves, there’s a quiet arsenal…

The Free Financial Advisor

10 Unexpected Taxes or Fees You Should Know Before Year-End

Money has a funny way of disappearing right when you think you’ve finally gotten ahead, and year-end is where many financial surprises like to hide. Between holiday spending, year-end bonuses, and last-minute financial moves, small oversights can quietly turn into expensive lessons. Some of the most painful costs don’t come…

Everybody Loves Your Money

How to Max Out Your 401(k) in 2026 (New Limits are Higher)

In 2026, the maximum contribution limits for 401(k) plans have increased, giving you an excellent shot at maximizing your retirement savings.

Kiplinger

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New IRS tax brackets and 2026 changes could boost paychecks, lower taxes

2026 brings slightly larger paychecks to some Americans because of IRS changes and the One Big, Beautiful Bill Act.

Axios

Student Loan Servicers Are Changing Repayment Terms Overnight

It is a scenario playing out for millions of borrowers in early 2026: you log in to your portal to make a standard payment, only...

Saving Advice

Hackers are targeting taxpayers as they file - here's what to look for

Russia-linked actors are targeting tax firms in the US, stealing highly sensitive data

TechRadar

3 Major Changes to the Charitable Deduction in 2026

About 144 million Americans might qualify for the 2026 universal charity deduction, while high earners face new IRS limits. Here's what to know.

Kiplinger

Americans Could See Tax Refunds Up to $2,000 in 2026 Under Trump's 'One Big Beautiful Bill,' Treasury Says

Treasury Secretary Scott Bessent says Trump's One Big Beautiful Bill could give households up to £1,600 ($2,000) in tax refunds by early 2026, with billions returning via retroactive code changes.

International Business Times UK

4 Last-Minute Financial Moves To Make at Year’s End

Dec. 31, 2025 is the last chance to make the following key money moves to set you up for financial success in 2026.

GOBankingRates

‘Too many’ Americans struggle to understand basic tax concepts. Here’s why it’s a problem

A recent survey revealed that most Americans lack ‘basic tax literacy’

The Independent UK

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International Business Times UK

Is Britney Spears Facing Total Ruin? Source Claims Money Is 'Flying Out the Door'

Britney Spears faces mounting financial concerns as insiders claim her fortune is rapidly dwindling, amid an IRS tax battle and alleged debts piling up after her conservatorship ended.

Saving Advice

10 Tax Errors That Trigger IRS Letters Faster Than Anything Else

The Internal Revenue Service has increasingly relied on high-tech automated systems to scan millions of returns for inconsistencies and simple mistakes. These systems are designed...

Everybody Loves Your Money

7 Tax Mistakes Freelancers Make When Their Side Income Surges

Your side hustle finally explodes, the invoices start flying out, and suddenly your bank account looks like it’s been drinking confidence juice. You feel unstoppable, maybe even a little invincible, and that’s exactly when the tax gremlins wake up from their nap. A surge in freelance income is exciting, empowering,…

International Business Times UK

Turning Point Fraud Fury Erupts as Millions Linked to UPS Mailbox Spark Outrage

A YouTuber's viral investigation has triggered outrage after alleging millions in Turning Point funds were routed through a UPS mailbox, sparking backlash and calls for scrutiny.

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International Business Times UK

Britney Spears Reunites With Son Jayden as $600,000 IRS Dispute Resurfaces

Britney Spears spent Christmas with son Jayden as she challenges a disputed $600,000 IRS tax bill linked to her conservatorship years.

Everybody Loves Your Money

10 Payroll Changes to Monitor Before the New Tax Year Starts

The countdown to a new tax year doesn’t just mean new calendars and fresh goals—it signals a wave of payroll changes that can quietly reshape your business if you’re not paying attention. One small adjustment to withholding rules, contribution limits, or reporting requirements can ripple through every paycheck you issue.

GOBankingRates

I Asked ChatGPT How To Catch Up on Retirement Fast in 2026 — Here’s Its Plan

Consulting ChatGPT gave me recommendations geared to specific ages, income levels and more, giving you a better idea of what might work for you.

The Independent UK

Trump admin accused of blurring the line between church and state with overtly religious Christmas messages

First Amendment advocates warn against sectarian social media posts

Kiplinger

Time to Close the Books on 2025: Don't Start the New Year Without First Making These Money Moves

As 2025 draws to a close, take time to review your finances, maximize tax efficiency and align your goals for 2026 with the changing financial landscape.

GOBankingRates

5 States Where Bitcoin Is Most Popular — and 5 Where It’s Not

Find out which U.S. states lead in Bitcoin adoption, and which lag behind. Find out where Americans are buying crypto the most.

GOBankingRates

4 Ways To Get on Track for Retirement If You’re in Your 60s

Falling behind on retirement savings? Discover some practical ways to boost your savings, cut costs and build income in your 60s for a more secure future.

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