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The Latest Breaking News from IRS

56 Of The Most Satisfying Cold Revenge Stories People Shared

Someone asked “What kind of calculating, cold act did you commit?” and people shared their stories. The post 56 Of The Most Satisfying Cold Revenge Stories People Shared first appeared on Bored Panda.

Bored Panda

Fact-checked: Republican national convention and Trump’s speech

Unpacking false claims made by the former president and other speakers as he formally accepted the Republican nomination

The Guardian - US

The IRS is right to scrutinize pandemic-era employee retention credit claims—but legitimate filers can’t afford more delays

The IRS has closely examined ERC claims in backlog and determined that 10-20% were low-risk, 60-70% had unacceptable risk, and 10-20% had high risk.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

How to Roll Over a 401(k) Into an IRA

Planning to roll over a 401(k) into an IRA? There are tax and flexibility advantages. But tread carefully.

Kiplinger

How to Protect Your Digital Assets From Estate Tax

Estate planning is critical to ensure heirs don't get hit with millions in estate taxes after you die. You can also protect your digital assets from litigation.

Kiplinger

Secret rich Christian group has big plot

Little-known right-wing organization spends millions on big election push — but it may be violating the law

Salon

How to Handle Irrevocable Trust Assets Tax-Efficiently

Irrevocable trusts can be structured so that trust property is either included in the potentially taxable gross estate or removed. What are the pros and cons?

Kiplinger

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IRS Crackdown Nets Enough Revenue To Fund the Government for 90 Minutes

The Biden administration's $60 billion expansion of the IRS has netted $1 billion in new revenue so far.

Reason

IRS goes after rich tax cheats, nets $1B

The Biden administration’s $60 billion in additional IRS funding has reinvigorated the agency’s enforcement effort

Salon

IRS Collects Over $1 Billion From Millionaires In Back Taxes In Less Than One Year

The IRS achieved a milestone in collecting more than $1 billion from wealthy American taxpayers in less than a year since passing legislation to add more agents.

International Business Times

IRS focus on people who make $1 million per year yields $1 billion in past-due taxes

The IRS is giving high-income filers a closer look.

Fortune

IRS Collects Over IRS Collects Over Top News Billion In Past-Due Taxes From Millionaires Billion In Past-Due Taxes From Millionaires

Learn how the IRS collected over IRS Collects Over Top News Billion In Past-Due Taxes From Millionaires billion in overdue taxes from millionaires and modernized taxpayer services through the Inflation Reduction Act.

Top News

Project 2025 Tax Overhaul Blueprint: What You Need to Know

Some people wonder what Project 2025 is and what it suggests for taxes.

Kiplinger

How might a rogue president use the US supreme court immunity ruling?

A first pass shows just how much damage a president could do to the rule of law when no longer constrained by it

The Guardian - US

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Roll Call

Financial Services spending bill a big test for slim GOP margin - Roll Call

The House passed its first spending bills with little fanfare. An abortion-related rider in the Financial Services bill could pose a bigger challenge.

Kiplinger

The Taxes That Come out of Your Paycheck

Your take-home pay is often less than expected due to several payroll tax withholdings you need to know.

Kiplinger

Three Ways to Pay Less Taxes to Uncle Sam

Retirees especially could benefit from these tax-efficient strategies that focus on what you leave your heirs and what kind of accounts your money is in.

Kiplinger

Early Retirement Withdrawal Strategies for the Long Haul

Your early retirement withdrawal plan can make or break your FIRE strategy. Think beyond financial independence to how you will maintain a stable portfolio.

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news in one place.

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The Conversation

Charities are allowed to do some lobbying, but many do none at all

U.S. charities may spend some of their time and money on lobbying, as long as those organizations don’t primarily exist to influence federal legislation. This rule applies to all charitable nonprofits, which run the gamut from hospitals to social service providers, museums and environmental organizations.

Kiplinger

Developing a Charitable Giving Strategy: Where to Begin

Knowing what to give, how to give and where to give can help ensure your charitable giving aligns with your values and maximizes your impact.

Kiplinger

Is Your IRA an IOU to the IRS? Three Retirement Tax Strategies

These steps, including converting to Roth IRAs, using a Roth 401(k) and leveraging life insurance and annuities, can help reduce your taxes in retirement.

The Independent UK

The Supreme Court just ended ‘Chevron.’ What does that mean and how far will its impact reach?

Federal agencies such as the IRS, FDA and EPA will have to turn to Congress and courts for guidance under the new ruling

Reason

Short Circuit: A Roundup of Recent Federal Court Decisions

Overloaded fireworks, behavioral coaching, and makeshift pockets.

Kiplinger

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.

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