The Latest Breaking News from IRS

Trump hits out at ‘loud’ female reporter grilling him on IRS lawsuit

Donald Trump admonished a female reporter who asked him why he is suing the Internal Revenue Service (IRS).

The Independent UK · Jan 30

Trump sues his own administration for $10 billion after one former contractor’s actions caused ‘public embarrassment’

The tax returns are still haunting him.

We Got This Covered · Jan 30

First Thing: Democrats agree deal to avoid shutdown but demand DHS bill include reforms to ‘rein in ICE’

Agreement spins off Department of Homeland Security spending bill as Democrats demand changes to immigration enforcement. Plus, US leads global surge in gas-fired power

The Guardian - UK · Jan 30

Don't Overpay the IRS: 6 Tax Mistakes That Could Be Raising Your Bill

Is your income tax bill bigger than expected? Here's how you should prepare for next year.

Kiplinger · Jan 29

6 Things Crypto Investors Often Forget To Plan for Until Tax Season

Investing in cryptocurrency adds another layer to tax preparation. Smart investors should be planning throughout the year for any tax ramifications related to the sale of crypto investments. But it's...

GOBankingRates · Jan 29

The Tax Breaks You Assume Exist — That Don’t Anymore

Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.

GOBankingRates · Jan 29

The Killing of Alex Pretti Is a Reminder That All State Laws Are Backed Up by Violence

If enforcing a law isn't worth killing someone over, it probably shouldn't be a law.

Reason · Jan 28

9 Things to Check If Your Benefits Deposit Doesn’t Show Up

You log in to your banking app, expecting to see your deposit. The balance hasn’t moved. The panic sets in immediately. Did the IRS forget you? Did Social Security miss a cycle?

Budget and the Bees · Jan 28

10 Deductions That Sound Safe—But Get Returns Flagged

We all want to pay zero taxes. It is the American dream. But in the age of automated scoring systems, the line between “aggressive tax planning” and “audit trigger” is razor-thin. The IRS’s sophisticated algorithms don’t just look for fraud; they look for anomalies.

Budget and the Bees · Jan 28

7 Times the IRS Can Hold Your Refund Without Telling You Right Away

You filed on time. Then, the “Accepted” notification arrived. You already spent the money in your head. But the date comes and goes, and the mailbox is empty. The scary part? The IRS doesn’t have to call you the day they freeze your refund. In fact, under current IRS procedures,…

Budget and the Bees · Jan 28