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The Latest Breaking News from IRS

Tax Refund Alert: House GOP Predicts Bigger Tax Refunds in 2026

Here's how the IRS tax refund outlook for 2026 is changing and what steps you can take now to prepare.

Kiplinger

New IRS Changes to FSA Contribution Limits for 2026: What to Know

Flexible Spending Accounts have tax advantages worth looking into, especially in light of new IRS changes.

Kiplinger

David Ellison's $30 Offer to Buy Warner Bros. Discovery Could Change the Shows You Watch

David Ellison offers $30 per share to buy Warner Bros., beating Netflix's $27.75 bid. Shareholders will choose between two contrasting visions for the company's future by 8 January.

International Business Times UK

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

Americans Are Missing Out on Billions in Tax Credits as the IRS Reveals Five Overlooked Ways to Cut Your Bill

Five often-missed federal tax credits worth up to £9B annually cover education, childcare, retirement, and energy. One expires on 31 December; file by 15 April.

International Business Times UK

The 7 Best Cost Segregation Companies in 2026

Get a vetted list of the 7 best cost segregation companies for 2026 so you can boost after-tax cash flow, reduce risk, and plan ahead with confidence.

inkl

OnlyFans Puts IRS in Awkward Spotlight Over Trump Tax Perk: Agents Decide Which Kinky Tips Stay Untouched

IRS agents face an awkward task: auditing OnlyFans content to distinguish between tax-exempt 'digital creation' and pornography under Trump's ambiguous new 'No Tax on Tips' law.

International Business Times UK

12 Tax Deductions Retirees Should Confirm Before Filing

Tax season can be stressful for retirees, especially those living on fixed incomes. While Social Security and pensions provide stability, taxes can quickly erode monthly...

Saving Advice

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Trump And The FBI Allegedly Putting Together a 'Naughty List' of People They Deem to Be 'Extremists'

A White House memorandum and an Attorney-General directive instruct the FBI and other agencies to compile lists of organisations deemed 'extremist'.

International Business Times UK

Saved by ChatGPT: Widow's £1M Scam Confirmed—Her Home Still at Risk

A woman in her seventies lost nearly another £1 million to a romance scam before ChatGPT confirmed her worst fears. Holiday crypto fraud has surged 300% as scammers exploit loneliness.

International Business Times UK

Tax Experts Warn Tipped Workers May Struggle to Claim Over $4,400 in Tax Savings Despite New IRS Rules

IRS guidance confirms W-2 forms remain unchanged, forcing servers and bartenders to manually track tips. Many lack records to claim up to $4,400 in savings by April.

International Business Times UK

8 Digital Wallet Rule Changes Slowing Down Senior Refunds

Digital wallets are no longer just for younger consumers—they’ve become central to how seniors receive refunds, Social Security payments, and tax credits. In 2025,...

Saving Advice

5 RMD Mistakes That Could Cost You Big-Time: Even Seasoned Retirees Slip Up

The five biggest RMD mistakes retirees make show that tax-smart retirement planning should start well before you hit the age your first RMD is due.

Kiplinger

A Retirement Triple Play: These 3 Tax Breaks Could Lower Your 2026 Bill

Good news for older taxpayers: Standard deductions are higher, there's a temporary 'bonus deduction' for older folks, and income thresholds have been raised.

Kiplinger

5 IRS Identity Verification Changes Impacting Senior Filers

Tax season is always stressful, but in 2025, the IRS is introducing new identity verification changes that directly impact senior filers. These updates are designed...

Saving Advice

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news in one place.

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Saving Advice

The New Year Brings Stricter IRS Audits for Self-Employed Retirees

As the calendar turns to 2025, the IRS is rolling out stricter audit procedures that directly affect self-employed retirees. These changes are part of a...

Texas Observer

A Trip Through Willie Nelson’s Golf Course, His Unorthodox Rules, and His Uncertain Tribal Identity

My wife Monica and I had different reasons for journeying to Pedernales. She’s a fan. But our visit to Willie’s golf course was partly for my research on a book on Native-owned golf courses.

Benzinga

'The Economy Is Quite Booming'—Dave Ramsey Shuts Down Caller Blaming The Economy For Her Struggles. 'The Economics At Your House Suck'

When a recent caller tried to blame the economy for her family's million-dollar debt, Dave Ramsey fired back that it’s not the economy’s fault.

Kiplinger

4 Smart Ways Retirees Can Give More to Charity, From a Financial Adviser

For retirees, tax efficiency and charitable giving should go hand in hand. After all, why not maximize your gifts and minimize the amount that goes to the IRS?

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news in one place.

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Clever Dude

10 Things You’re Not Allowed to Do With Lottery Money

We’ve all dreamed of winning the lottery. One day, you’re broke. Next, you’re holding millions in your hands. But the reality is that lottery money doesn’t give you unlimited freedom. There are laws, tax codes, and financial regulations that place strict limits on how you can use your winnings. In…

Saving Advice

7 Tax Reporting Changes Hitting Seniors Who Do Gig Work in January

Gig work has become an important source of supplemental income for retirees. Driving for rideshare companies, freelancing online, or selling crafts provides flexibility and helps...

MarketBeat

Wolfspeed Just Got a $698 Million Lifeline—Here’s Why That Changes Everything

Wolfspeed secures a cash infusion from the IRS, fortifying the balance sheet and shifting the narrative from survival to focused operational execution.

Benzinga

He Has 27 Rentals, Makes $15,000 A Month, But Hasn't Paid Taxes In A Decade. 'For A Guy Who Doesn't Pay Taxes, You Shouldn't Be This Broke'

Claud from Orlando, Florida, called into “The Ramsey Show” with a confession: he hasn't filed his federal taxes since 2016. Despite owning 27 rental properties and reportedly bringing in up to $15,000 a month, Claud is struggling with cash flow and facing a looming financial mess.

Kiplinger

3 Year-End Tax Strategies for Retirees With $2 Million to $10 Million

To avoid the OBBB messing up your whole tax strategy, get your Roth conversions and charitable bunching done by year's end.

International Business Times UK

IRS Annual Limits 2026: '$24,500 Cap Won't Rescue Middle-Class Savings,' Experts Say

The IRS raises 2026 401(k) contribution limits to $24,500, but experts warn this increase won't solve the retirement savings crisis facing middle-income Americans.

Reason

The IRS Moves To Keep Its Cut of Porn Tips

The agency has proposed excluding tips received from "pornographic activity" from a new tipped wage deduction.

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