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The Latest Breaking News from IRS

Supreme Court Strikes Down Chevron: What It Means for the IRS

A landmark decision from SCOTUS fundamentally alters the administrative law landscape and impacts federal agencies, including the IRS.

Kiplinger

One Retiree's Story of How She Built Her Retirement Nest Egg

One way to build wealth is to max out your company’s retirement plans, but doing it in tax-efficient ways can make an even bigger difference.

Kiplinger

Roth 401(k) vs 401(k): Which Is Right for You?

The Roth 401(k) vs traditional 401(k) decision can mean the difference between higher taxes now or in retirement. It's your choice.

Kiplinger

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Medicare Premiums 2025: Projected IRMAA for Parts B and D

Will your monthly Medicare premiums increase next year? It depends.

Kiplinger

Things Change: Is It Time to Update Your Retirement Plan?

Here’s how to go about updating your retirement plan, including adding important elements, to ensure it meets all of your retirement objectives.

Kiplinger

‘Will you shut up, man’: The best jabs from Biden-Trump debates in 2020

A look back at the bad-tempered 2020 debates when White House rivals sparred over Covid, white supremacy and each others’ records in government

The Independent UK

IRS delays in resolving identity theft cases are 'unconscionable,' an independent watchdog says

An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases

The Independent UK

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New 401(k) Withdrawal Rules to Know

More people are taking early emergency withdrawals from retirement savings accounts. New rules might offer some relief.

Kiplinger

Julian Assange, a Free Man

Plus: In defense of cigarettes, independent voters in the Hamptons, IRS data-privacy settlement, and more...

Reason

How to Donate Your Life Insurance Policy to Charity

Donating an unneeded life insurance policy to charity can extend your charitable legacy. To maximize that gift, consider methods that may reduce your tax burden.

Kiplinger

U.S. lawmakers turn up the heat over Nigeria's unlawful detention of Binance exec

U.S. lawmakers visited former IRS Special Agent Tigran Gambaryan in the Nigerian prison where he has suffered malaria and pneumonia.

Fortune

'Vast Majority' of Pandemic Employee Retention Credit Claims Are Likely Scams, Says IRS

Just the latest development in the continuing saga of COVID stimulus fraud.

Reason

Nigeria Denies Claims Of Poor Quality Healthcare For Binance Executive Gambaryan

Nigeria has denied claims that jailed Binance compliance chief Tigran Gambaryan wasn't provided access to quality healthcare after two U.S. representatives visited the former IRS agent in a Nigerian prison.

International Business Times

Landlord With Rental Income? See if You Qualify for a 20% Tax Break

Many landlords are eligible to take the 20% tax deduction for qualified business income

Kiplinger

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House Republicans Investigate Alleged Retaliation Against IRS Whistleblowers

House Republicans investigate potential improper influence in Hunter Biden investigation based on IRS whistleblowers' claims. Concerns include political in...

International Business Times

Treasury, IRS To 'Close Major Tax Loophole' To Bring $50 Billion In Government Coffers

The plan will focus on "related party basis shifting," which is typically used by related parties to increase deductions on assets or reduce future gains, thereby lowering the tax liability of the entities involved.

The Independent UK

The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process

The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade

Kiplinger

11 Ways to Grow Your Wealth

By setting up a solid investment strategy, creating a budget, boosting your income, and making other smart moves, you can design a blueprint to reach your goals.

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