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The Latest Breaking News from IRS

Ask the Editor, February 27: Questions on Tax Returns and Decedents

In this week's Ask the Editor Q&A, Joy Taylor answers questions on how to file a tax return when someone has died and resources you can use to find more help.

Kiplinger

Bipartisan Senate bill promises 'commonsense fixes' to IRS

Senate Finance Committee leaders introduced a bipartisan bill Thursday to overhaul the procedures and administration of the IRS.

Roll Call

IRS Clarifies When HSA Funds Can Cover Direct Primary Care Fees — Here’s What Counts in 2026

Direct primary care (DPC) has been a go-to for many Americans to receive predictable monthly costs and easier access to doctors. Until recently, no one...

Saving Advice

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The IRS broke the law by disclosing confidential information to ICE 42,695 times, judge says

A federal judge said that the IRS broke the law by illegally sharing thousands of taxpayers’ addresses with Immigration and Customs Enforcement

The Independent UK

The IRS Doesn’t Care If You Forgot — Missing Tax Dates Could Cost You Thousands

The IRS doesn’t care if life got busy. It doesn’t care if a client paid late, if bookkeeping fell behind, or if someone assumed April would cover everything. When it comes to estimated taxes, the federal government expects its money on time, four times a year, and it calculates penalties…

The Free Financial Advisor

3 Smart Ways to Spend Your Retirement Tax Refund

With the new "senior bonus" hitting bank accounts this tax season, your retirement refund may be higher than usual. Here's how to reinvest those funds for a financially efficient 2026.

Kiplinger

Zelle Scam Reality: Why Banks Deny Refunds for This One Type of Transfer

Zelle has become the go-to app for sending money to friends and family in seconds. It is fast, free, and incredibly convenient, which exactly explains why scammers love it too. You might think your transactions carry the same fraud guarantees as your credit card since major banks back the service.…

Budget and the Bees

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Claiming These 4 Tax Breaks Could Get You in Trouble With the IRS

Here are four tax breaks to watch out for if you don't want to deal with a rejected return, costly penalties or other problems with the IRS.

GOBankingRates

I Asked ChatGPT Which Tax Steps Matter Most Before Filing

Check out some of AI's tax filing tips from ChatGPT to help you avoid IRS errors, maximize deductions and credits, and boost your refund before you file.

GOBankingRates

I Asked ChatGPT If You Can Own Your Home in an LLC and Deduct Rent — Here’s What It Said

ChatGPT explains if you can put your home in an LLC and deduct rent payments. The answer isn't what most people expect about this tax strategy.

GOBankingRates

IRS Rejected Your Tax Return? Here's Exactly What You Must Do Now

Learn how to identify, correct, and resubmit rejected IRS tax returns to avoid delays and stress. Follow these steps to ensure your return is accepted.

International Business Times UK

5 Retirement Tax Traps to Watch in 2026

Even in retirement, some income sources can unexpectedly raise your federal and state tax bills. Here's how to avoid costly surprises.

Kiplinger

Supreme Court litigator convicted of tax evasion over income from high-stakes poker

A prominent Supreme Court litigator who also published a popular blog about the nation’s highest court has been convicted of tax evasion and related charges stemming from his secretive lifestyle as an ultra-high-stakes poker player

The Independent UK

Why Catch-Up Contributions Might Not Lower Your Taxes Anymore

Starting this year, catch-up contributions may no longer work for higher earners.

GOBankingRates

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GOBankingRates

I’m a Financial Expert: Here’s the One Thing People Get Wrong About Tax Refunds

A big tax refund may feel like a financial win, but it can often mean you overpaid the IRS. Here’s what taxpayers get wrong about refunds and cash flow.

GOBankingRates

Tax Experts Explain Why Refunds Get Delayed — and What To Do If Yours Is Missing

Missing your tax refund this year? Experts explain IRS refund delays -- from filing errors to identity checks -- and what you can do to track it faster.

The Independent UK

Court says the IRS can continue to share immigrants' taxpayer data with ICE

A federal appeals court is allowing the IRS to keep sharing some taxpayer data with U.S. Immigration and Customs Enforcement

Saving Advice

No, There’s No $10,000 “Made in USA” Deduction — But Seniors Are Being Targeted by New Auto‑Loan Scams

Once Donald Trump announced that he was going to prioritize products made in America, many people thought that would mean major savings. And when it...

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Kiplinger

2026 Tax Refund Delays: 5 States Where Your Money Is Stuck

From New York to Oregon, your state income tax refund could be delayed for weeks. Here's what to know.

Everybody Loves Your Money

Tax Season Trap: The Overlooked Homeowner Documents That Can Cost You Thousands

Tax season does not forgive sloppy paperwork. It rewards the organized and punishes the distracted, and homeowners sit right in the middle of that reality. One missing document can erase a deduction you earned, inflate your taxable income, or spark an IRS notice that ruins your spring.

Clever Dude

8 Scams Targeting Men Over 40 Right Now

A man does not need to be careless to get conned. He only needs to be busy, confident, or a little curious at the wrong moment.

Kiplinger

Paper Tax Filers Face Long Wait as IRS Digitization Effort Stalls

Last April, the IRS launched its Zero Paper Initiative to speed up paper tax return processing. The project isn’t going well.

GOBankingRates

Here’s What Happens to Your Paycheck When You Max Out Your 401(k) in 2026

One of the golden rules of finance is to contribute enough to an employer-based retirement fund, but what happens to your paycheck if you max out your 401(k)?

Saving Advice

IRS Reports 11% Jump in Early Refunds as Average Payout Reaches $2,290

Tax season 2026 is off to a strong start, and millions of Americans are already seeing bigger checks hit their bank accounts. According to the...

Fortune

OpenAI has changed its mission statement 6 times in 9 years, most recently about AI that 'safely benefits humanity'

It’s still committed to creating something that will benefit humanity. It’s unclear why it doesn’t want to do so “safely” anymore.

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