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The Latest Breaking News from IRS

Treasury Secretary Sidesteps Questions on Trump IRS Audit Deal After DOJ Signals Protections Still Stand

The Acting AG said on Wednesday that the administration was abandoning plans for a $1.8 billion "Anti-Weaponization Fund" but suggest IRS audit protections for Trump remained intact

Latin Times

Todd Blanche to Stay Put as Trump Teases a Permanent Shift That Could Change Everything for the Department of Justice

Blanche’s potential nomination also raises questions about the future of the DOJ’s relationship with the IRS.

The Mary Sue

U.S. CEO Charged With Selling U.S. Tech To Iran's Nuclear Program

A CEO faces federal charges for allegedly selling sophisticated U.S. technology to Iran, violating U.S. sanctions.

International Business Times

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The Latest: Scott Bessent testifies before the House on Treasury Department priorities

Treasury Secretary Scott Bessent is back on Capitol Hill to testify before the House Ways and Means Committee on the department’s priorities, one day after he refused to say whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a…

The Independent UK

Immigration budget bill suffers setback as House leaves town

A GOP reconciliation bill for immigration enforcement appeared to be skating on thin ice Thursday night as the House suddenly left town for the week and lawmakers continued to wrangle over a Justice Department “anti-weaponization” fund. Senate opponents of the nearly $1.8 billion fund — derided by critics as a “slush…

Roll Call

Estimated Tax Payments Are Due in June — Missing It Costs More Than People Expect

June doesn’t just bring summer plans, vacations, and longer days—it also brings one of the most overlooked financial deadlines of the year. The IRS expects millions of taxpayers to submit estimated tax payments by mid-June, and missing this date can quickly snowball into penalties that feel far bigger than most…

The Free Financial Advisor

What Most Users Still Don’t Know About Venmo, PayPal, and Their Taxes

Cash apps changed how money moves in everyday life, but tax rules moved just as fast behind the scenes. Venmo and PayPal now sit at the center of income reporting conversations, especially for freelancers, side hustlers, and small sellers. Many users treat these apps like casual wallets, yet the IRS…

The Free Financial Advisor

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Amended Returns Are Adding Up to 20 Weeks to Refund Wait Times Right Now

Tax season always brings a mix of anticipation and relief, especially when refunds enter the conversation. Right now, that excitement often slows down for anyone filing amended returns, since the IRS reports processing times stretching up to 20 weeks. That timeline can feel especially long when bills, savings goals, or…

The Free Financial Advisor

Booker, Cassidy back legal challenge to ‘anti-weaponization’ fund

Sens. Cory Booker, D-N.J., and Bill Cassidy, R-La., filed a court brief Thursday supporting a lawsuit seeking to block implementation of the Trump administration’s $1.8 billion “anti-weaponization” fund. The bipartisan brief was filed as the Senate voted on a measure to fund immigration enforcement, and where senators on both sides…

Roll Call

June Tax Deadlines and IRS Refund Status: What Taxpayers Need to Know This Month

Summer is almost officially here, but so are the next big IRS tax deadlines.

Kiplinger

IRS worker quits after rats apparently start running the office

IN FULL

The Independent UK

IRS tax refund news June 2026: Which taxpayers qualify for delayed refunds and when could payments arrive?

More than $3,400 is the projected average IRS tax refund for many eligible filers this year, making tax refund updates one of the most searched financial topics in June 2026. Thousands of taxpayers are still waiting because of disaster-related filing extensions, paper return processing, and missing direct deposit details. If…

The Economic Times

Rat infestation in IRS building leads to staff sitting on their desks, report says: ‘Falling out of ceilings’

Management has deployed traps throughout the Chamblee Tucker Road facility, though the whistleblower claims some of the rodents are too large for the devices

The Independent UK

Trump’s IRS deal to avoid tax investigations could be in big trouble

ANALYSIS: A federal judge could sanction everyone involved over allegations of ‘serious misconduct’ in the president’s lawsuit against himself, Alex Woodward writes

The Independent UK

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Reason

Slush Fund, We Hardly Knew Ye

I have bad news for the Acting Attorney General: This shitshow is not going away any time soon.

AAP

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits

Treasury Secretary Scott Bessent is refusing to say whether President Donald Trump and his family will still receive immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund

Reason

Trump's Immunity Deal Stinks Even More Than His Blatantly Corrupt 'Anti-Weaponization Fund'

An addendum to the president's "settlement" of his lawsuit against the IRS shields him and his family from liability for any federal offenses they committed prior to May 19.

The Free Financial Advisor

Filing an Extension Doesn’t Protect You From Late Payment Penalties — Here’s What Does

Tax season creates a rush of confusion, deadlines, and last-minute decisions that often lead to costly mistakes. Many taxpayers assume that filing an extension buys extra time for everything related to taxes, including payments. That assumption leads straight into one of the most expensive misconceptions in personal finance. The IRS…

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The Free Financial Advisor

Math Error Notices Are Spiking — Here’s What’s Actually Causing Them This Summer

Tax season may feel like it ends in April, but the IRS keeps working long after the deadlines pass. This summer, more taxpayers are receiving “math error notices,” and many of them are opening mail with a sinking feeling. These notices don’t always mean something dramatic, but they do signal…

The Free Financial Advisor

One Line on Your Return Is Triggering Automatic IRS Reviews in 2026

Tax season in 2026 is not playing around, and one small line on a tax return can now set off instant IRS scrutiny without any human ever touching the file first. The IRS continues to expand its automated screening systems, and that means tax returns now pass through stricter digital…

The Free Financial Advisor

Your Refund Could Be Redirected to State Debt Without a Single Notice From the IRS

Tax refund season often feels like a financial reset button, but that refund does not always land in your account as expected. In some cases, federal systems reroute that money to cover outstanding state debts before any deposit occurs. Many taxpayers discover this only after checking their refund status and…

The Free Financial Advisor

Side Hustle Income From Last Summer Is Catching Up With Filers Right Now

Last summer’s extra income is finally showing up in a big way, and tax filers feel the impact right now. Gig apps, freelance platforms, and payment services now report earnings that many people forgot or underestimated. That forgotten weekend delivery shift or casual freelance project suddenly looks very real on…

The Guardian - UK

First Thing: Race for California governor deadlocked as primary results across the US pour in

Mixed picture emerges from races across the US, as Trump’s pick fails in Iowa. Plus: Jill Biden speaks about her husband’s decision to drop out of the 2024 election

Latin Times

CONFIRMED: DOJ Abandons Trump's Controversial $1.8 Billion 'Anti-Weaponization' Fund After Bipartisan Backlash

The Justice Department has officially abandoned plans to create a controversial $1.8 billion "Anti-Weaponization Fund," Acting Attorney General Todd Blanche told lawmakers Tuesday, ending weeks of political and legal turmoil surrounding one of the Trump administration's most debated initiatives.

The Economic Times

Trump administration drops $1.8 billion 'weaponization' fund after Republican backlash

The Trump administration has dropped its $1.8 billion fund meant to compensate victims of government abuse. This decision followed strong opposition from Republican senators. However, an agreement preventing future audits of Donald Trump's past tax records will continue. The fund originated from a legal settlement concerning Trump's lawsuit against the…

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