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The Latest Breaking News from IRS

Retirees Lose Up to $1.7B Annually to IRS Penalties for Making This Year-End Mistake

Retirees face IRS penalties of up to 25% if they fail to take required minimum distributions from pretax investment accounts at age 73.

International Business Times UK

9 Tax Rules Seniors Should Check Before Filing in April

Filing taxes can feel simple until one retirement form, one distribution, or one benefit statement changes the whole return. The good news is most “surprise”...

Saving Advice

The government probably took too much of your paycheck this year – here’s how to get it back

Trump’s tax bill carved out several areas for tipped workers and older adults, among others, to lower their tax bills

The Guardian - US

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7 Tax Blunders to Avoid in Your First Year of Retirement, From a Seasoned Financial Planner

A business-as-usual approach to taxes in the first year of retirement can lead to silly trip-ups that erode your nest egg. Here are seven common goofs to avoid.

Kiplinger

6 Preventive Services Now Counted Toward Deductibles

The phrase “preventive care is free” has been a cornerstone of American healthcare for over a decade, but the 2026 financial reset is adding some...

Saving Advice

Here’s What the Standard Deduction on Your Taxes Will Be in 2026

Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, and what you can reasonably expect.

GOBankingRates

7 Tax Deductions That Could Trigger an IRS Audit

Nobody wants to hear from the IRS after filing their taxes, especially if it’s about an audit. Seriously, it is a fear many American adults share. While audits are rare (less than 1% of individual returns are flagged), certain deductions can draw unwanted attention. These aren’t necessarily “bad” deductions, but…

Clever Dude

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12 Little-Known Tax Breaks for Middle-Income Families in 2026

The 2026 tax season is officially the first full year under the One Big Beautiful Bill (OBBB) Act, a sweeping piece of legislation that has...

Saving Advice

Bank Tellers Warn: 5 Reasons We Are Flagging Your Cash Withdrawals in 2026

In 2026, using cash feels almost rebellious. With digital wallets, biometrics, and instant transfers dominating the economy, walking into a branch to withdraw a stack of physical currency is becoming a rare event. Because of this shift, financial institutions are on high alert. Tellers are no longer just customer service…

Budget and the Bees

The $10K US Car Tax Hack You Don't Want to Miss

The IRS has released official guidance on how Americans can deduct up to $10,000 in car loan interest annually through 2028. Here's what qualifies.

International Business Times UK

Asset Underused: 4 Plays Advisors Say Most Investors Overlook

Investing isn’t just about buying the latest hot stock or following every headline that flashes across your phone. The smartest investors often win not by chasing the obvious, but by exploiting the hidden opportunities that most people ignore. While many focus on the loud, flashy moves, there’s a quiet arsenal…

The Free Financial Advisor

10 Unexpected Taxes or Fees You Should Know Before Year-End

Money has a funny way of disappearing right when you think you’ve finally gotten ahead, and year-end is where many financial surprises like to hide. Between holiday spending, year-end bonuses, and last-minute financial moves, small oversights can quietly turn into expensive lessons. Some of the most painful costs don’t come…

Everybody Loves Your Money

How to Max Out Your 401(k) in 2026 (New Limits are Higher)

In 2026, the maximum contribution limits for 401(k) plans have increased, giving you an excellent shot at maximizing your retirement savings.

Kiplinger

New IRS tax brackets and 2026 changes could boost paychecks, lower taxes

2026 brings slightly larger paychecks to some Americans because of IRS changes and the One Big, Beautiful Bill Act.

Axios

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Saving Advice

Student Loan Servicers Are Changing Repayment Terms Overnight

It is a scenario playing out for millions of borrowers in early 2026: you log in to your portal to make a standard payment, only...

TechRadar

Hackers are targeting taxpayers as they file - here's what to look for

Russia-linked actors are targeting tax firms in the US, stealing highly sensitive data

Kiplinger

3 Major Changes to the 2026 Charitable Deduction

About 144 million Americans might qualify for the 2026 universal charity deduction, while high earners face new IRS limits. Here's what to know.

International Business Times UK

Americans Could See Tax Refunds Up to $2,000 in 2026 Under Trump's 'One Big Beautiful Bill,' Treasury Says

Treasury Secretary Scott Bessent says Trump's One Big Beautiful Bill could give households up to £1,600 ($2,000) in tax refunds by early 2026, with billions returning via retroactive code changes.

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news in one place.

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GOBankingRates

4 Last-Minute Financial Moves To Make at Year’s End

Dec. 31, 2025 is the last chance to make the following key money moves to set you up for financial success in 2026.

The Independent UK

Why not understanding your taxes can cost you more money

A recent survey revealed that most Americans lack ‘basic tax literacy’

International Business Times UK

Is Britney Spears Facing Total Ruin? Source Claims Money Is 'Flying Out the Door'

Britney Spears faces mounting financial concerns as insiders claim her fortune is rapidly dwindling, amid an IRS tax battle and alleged debts piling up after her conservatorship ended.

Saving Advice

10 Tax Errors That Trigger IRS Letters Faster Than Anything Else

The Internal Revenue Service has increasingly relied on high-tech automated systems to scan millions of returns for inconsistencies and simple mistakes. These systems are designed...

Everybody Loves Your Money

7 Tax Mistakes Freelancers Make When Their Side Income Surges

Your side hustle finally explodes, the invoices start flying out, and suddenly your bank account looks like it’s been drinking confidence juice. You feel unstoppable, maybe even a little invincible, and that’s exactly when the tax gremlins wake up from their nap. A surge in freelance income is exciting, empowering,…

International Business Times UK

Turning Point Fraud Fury Erupts as Millions Linked to UPS Mailbox Spark Outrage

A YouTuber's viral investigation has triggered outrage after alleging millions in Turning Point funds were routed through a UPS mailbox, sparking backlash and calls for scrutiny.

International Business Times UK

Britney Spears Reunites With Son Jayden as $600,000 IRS Dispute Resurfaces

Britney Spears spent Christmas with son Jayden as she challenges a disputed $600,000 IRS tax bill linked to her conservatorship years.

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