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The Latest Breaking News from IRS

Scammer Alert: 12 Phone Phrases That Mean You’re Being Scammed (and What to Do)

First investigated in 1982, Richard Allen Minsky, a notorious telephone scammer, built a decades-long career defrauding and assaulting hundreds of women across multiple U.S. states...

Saving Advice

Correctional Officer Sentenced for Smuggling Scheme After IRS Flags Hidden Income

Angela Crosland funneled drugs and contraband into federal prison—until unreported income led investigators to her Cash App.

Latin Times

5 Ways People Are Cheating On Their Taxes—And Getting Away With It

Tax evasion is a persistent issue that undermines the integrity of financial systems worldwide. Despite stringent regulations and advanced detection methods, some individuals and businesses...

Saving Advice

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Harvard fights to keep enrolling international students – 4 essential reads about their broader impact

A federal judge in Boston on May 23, 2025, temporarily blocked a Trump administration order that would have revoked Harvard University’s authorization to enroll international students.

The Conversation

Harvard sues Trump admin, calls international student ban ‘blatant violation of the First Amendment’

It's somehow hard to prove retaliation.

We Got This Covered

"Statement on Academic Freedom and Harvard by Right-of-Center Scholars, Lawyers, and Former Government Officials"

Published in today's Chronicle of Higher Education (registration required there, reprinted here with permission): We write as generally right-of-center lawyers,… The post "Statement on Academic Freedom and Harvard by Right-of-Center Scholars, Lawyers, and Former Government Officials" appeared first on Reason.com.

Reason

Why Your Roth IRA Might Not Be As Tax-Free As You Think

A Roth IRA has long been considered one of the smartest retirement tools out there. You pay taxes now, grow your investments tax-free, and withdraw...

Saving Advice

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GOP Lawmaker Berated for Promising to End Free Tax Filing Because It 'Contradicts Taxpayers' Best Interest': 'Anything That Helps Americans is Out'

A Republican congressman is facing backlash after advocating for the end of the IRS Direct File program, stating it went against taxpayers' best interests.

Latin Times

Are Employee Retention Credit Refunds at Risk Under Trump's Tax Agenda?

Trump's new legislation will bar many small-to-mid-size businesses from claiming the pandemic-era ERC.

Kiplinger

Bessent shouted profanities at a goading Elon Musk in West Wing after Trump told warring pair to ‘have at it’

Bessent repeatedly shouted the profane insult at the Tesla billionaire, who responded by yelling, ‘Say it louder,’ as they brawled within earshot of President Trump.

The Independent UK

Trump’s Big Beautiful Bill edges closer to passing. Here’s what it says, and what it means for you

The bill looks to slash taxes and increase spending on oil drilling, the military, and immigration, while also making cuts to Medicaid and food assistance programs

The Independent UK

No Tax on Tips? How the New Tip Deduction Actually Works

Will you stop paying taxes on your tip income? New tax rules may allow some workers to reduce their tax liability on qualified tips. Here’s what you need to know and how to claim it.

Kiplinger

Trump Admin Blames 'Unauthorized Access' After IRS Nominee Followed Several Sexual Content Creators on X

Former Rep. Billy Long faced backlash after it was revealed he followed multiple adult content creators on X, including several pregnant influencers.

Latin Times

Trump IRS nominee grilled over ties to fraudulent tax credits - Roll Call

Billy Long faced withering questions from Senate Finance Committee Democrats over his post-congressional business activities.

Roll Call

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Latin Times

DHS Deal With IRS Sparks Massive Drop in Tax Filings Among Immigrants: Report

The impact is also being felt in local economies as immigrant-owned businesses have delayed filings or moved toward informal labor

Kiplinger

Is Your Social Security Earnings Record Wrong? Here's How to Fix It

Your Social Security benefits are based on your Social Security earnings record. It's important to review your records to avoid having your benefits reduced.

Reason

New Montana Law Blocks the State From Buying Private Data To Skirt the Fourth Amendment

The Big Sky State becomes the first to close the "data broker loophole" allowing the government to get private information without a warrant.

Reason

Trump's Tax Plan Is a Leftist Economic Agenda Wrapped in Populist Talking Points

The administration shows no coherent commitment to free market principles and is in fact actively undermining them.

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news in one place.

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Kiplinger

IRS Government Watchdog Warns More Layoffs to Come

Over 11,400 IRS employees took the Trump-instructed buyout or were terminated. What does it mean for your taxes going forward?

MarketBeat

U.S. Regulators Target CrowdStrike: Is It a Signal or Noise?

CrowdStrike faces a regulatory probe involving a $32 million transaction with Carahsoft, which could create more volatility in CRWD stock before earnings

Kiplinger

How to Be Your Own Consumer Watchdog

Big changes are afoot at federal agencies. Make these moves to protect yourself financially.

Kiplinger

The Three Retirement Tax Issues I Nag My Clients About

A financial professional highlights areas of tax planning that retirees should have on their radar as they finalize their retirement plan.

Latin Times

Trump-Appointed Judge Rejects Bid to Block IRS From Sharing Tax Data to Identify Undocumented Immigrants

A Trump-appointed judge rejected a motion to prevent the IRS from sharing information aimed at locating undocumented immigrants

Fortune

Pope Leo XIV may face a six-figure tax bill for his $33,000-a-month paycheck

Filing a tax return is obligatory for all U.S. citizens, no matter where they live.

The Independent UK

Judge refuses to block IRS from sharing tax data to identify and deport people illegally in US

Trump-appointed judge denies injunction in a lawsuit filed by nonprofit groups

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