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The Latest Breaking News from IRS

High-Income Earners: These 5 ‘Tax Hacks’ Could Backfire During Tax Season

When you earn more, you tend to own more -- to the IRS. This might inspire you to find creative tax loopholes, but this may not go as planned.

GOBankingRates

I’m a CPA: When Filing an Extension Helps — and When It Hurts

A CPA explains when filing a tax extension can help or hurt, including penalties, payments due and smart timing tips.

GOBankingRates

Can Unclaimed Stimulus Payments Expire, and What Happens to the Money?

What happens to the money when stimulus checks go unclaimed or uncashed? Find out more about Treasury deadlines and what to do if you didn't cash a check.

GOBankingRates

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Can You Still Get Your Tax Refund as a Paper Check?

The Internal Revenue Service announced in late 2025 that it is phasing out paper refund checks. Find out what this means for you.

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6 Easy-To-Forget Documents To Have Ready Before Filing Your Taxes

Make tax filing easier by learning which commonly overlooked documents you need to have ready to avoid delays, missed deductions or filing mistakes.

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10 Withholding Mistakes That Create an April Tax Bill for Retirees

Many retirees expect tax season to get easier once the paychecks stop, but the opposite often happens. Without automatic payroll withholding, it’s surprisingly easy to...

Saving Advice

IRS Warns One Tax Refund Mistake Could Delay Payments Weeks

Checking your bank account daily for a tax refund that never arrives is a special kind of stress. You have worked hard all year, and that money is effectively an interest-free loan you gave the government. Now, you just want it back to cover bills or finally fix the car.…

Budget and the Bees

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4 Tax Refund Scams To Watch Out For

Learn about four common tax refund scams and how to protect your money this tax season.

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I Asked ChatGPT Which Tax Changes in 2026 Could Affect Your Refund the Most — Here’s What It Said

We asked ChatGPT to break down the 2026 tax changes that could affect your refund most, including credits, brackets and filing rules to watch.

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Freelancers: This Is How To Claim All Your Business Deductions in 2026

Here is how to claim the deductions you are entitled to.

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5 Legal 'Loopholes' the IRS Wishes You Didn't Know (Plus, How to Use Them This Tax Season and Beyond)

From opening stealth retirement accounts to strategic charitable giving, there are plenty of ways you can cut your taxes every year, and they're perfectly legit.

Kiplinger

The Tax Cost of Day Trading: What New Investors Don’t See Coming

Day trading can trigger costly wash sales and higher income taxes. Learn about some of the tax traps that can wipe out day trading profits in a hurry.

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5 Times Freezing Your Credit Is Actually Worth It

Freeze first, panic never. A credit freeze sounds dramatic, almost like slamming a vault door shut. In reality, it stands as one of the simplest and most powerful tools available to protect financial life from identity theft. A credit freeze, also called a security freeze, restricts access to credit reports…

Clever Dude

I Asked ChatGPT Which Common Errors Can Delay Your Tax Refund — Here’s What It Said

Missed income, math errors, wrong bank information and IRS checks can stall your tax refund. Learn some of ChatGPT's top filing mistakes to avoid in 2026.

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Budget and the Bees

IRS Warns One Tax Filing Error Is Delaying Refunds for Thousands

Tax season brings enough stress without the lingering anxiety of a delayed refund. You likely already have plans for that money, such as a needed vacation or paying down high-interest credit cards. Weeks often pass while the tracking tool stays stuck on a processing status. This frustrating limbo leaves many…

GOBankingRates

Middle-Class Earners: 5 ‘Tax Hacks’ That Could Backfire During Tax Season

The following are tax hacks that could backfire on middle-class earners this tax season.

Kiplinger

Ask the Editor, March 6: Questions on the Senior Deduction and Tax Filing

In this week's Ask the Editor Q&A, Joy Taylor answers questions on the new $6,000 senior deduction and how to claim it on your tax return.

GOBankingRates

I Asked ChatGPT What Documents I Need for Tax Season — Here’s the Full List

In order to get a head start on my own tax filing, I asked ChatGPT what documents I need for tax season in the United States -- here's what it said.

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Axios

Trump's soft landings: The officials moved rather than fired

Despite mass firings in his first term, the president has taken a lighter approach with some top officials.

The Independent UK

How to avoid costly penalties when paying estimated taxes

‘I wiped out my emergency fund to pay the tax bill,’ freelancer Melanie Lockett said

Everybody Loves Your Money

5 Recent Tax Changes That Make Informal Loans Less ‘Informal’ Under IRS Rules

A handshake used to seal plenty of deals. Now, the IRS wants paperwork, interest calculations, and in some cases, formal reporting to back it up. Plenty of families and small business owners rely on informal loans. A parent fronts money for a down payment. A friend helps launch a startup.…

The Independent UK

How to get the biggest tax refund, according to experts

‘To be frank, tax season can be stressful, and people often neglect to include every applicable tax document, deduction, or tax position,” one expert said

Kiplinger

3 Ways to Lower Your Child Care Costs in 2026

Working parents can take advantage of tax breaks and local assistance programs.

GOBankingRates

The Most Misreported Income Types on Tax Returns, According to Tax Preparers

Tax preparers reveal the income types most often misreported on tax returns and why these mistakes can trigger audits, penalties or delayed refunds.

International Business Times UK

State Tax Refund Delays Warning: Don't File Until You Know If Your State Is Affected

Taxpayers in Idaho, New York, Oregon, South Carolina, and Washington, DC, may face refund delays due to budget cuts, software issues, and federal tax changes.

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