The Latest Breaking News from IRS

Use your 2024 tax refund to boost short-term or long-term financial goals by putting it in one of these six places.

The IRS plans to cut as many as 20,000 staffers as part of layoffs that began Friday

At least four states are considering giving college athletes tax breaks on endorsement income

Elon Musk has accused the Democratic Party of using fraudulent IRS refund payments as a tool to attract and retain illegal immigrants in the United States.

The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.

What to consider before buying a vacation home, including mortgages, insurance, taxes, and upkeep.

The grant, contract and budget cuts in federal agencies, along with the crippling reductions of tens of thousands of government jobs, will “in all probability” end up increasing (by a lot), rather than decreasing the nation’s deficit, which has been the stated intent, notes a new report.

With technology and AI increasingly used to perpetrate illegal acts, the IRS’ crime fighting arm is announcing a new program intended to improve how it interacts with financial institutions

Ask the Editor: Taxes, March 28, 2025 — Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on filing tax returns and paying taxes.