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The Latest Breaking News from IRS

Five Roth IRA Pitfalls Your Adviser May Not Tell You About

Heffalump traps may be imaginary, but Roth IRA pitfalls are very real. They could upend your retirement if you're unaware of them.

Kiplinger

Former Tiesto lawyer jailed for hiding millions in taxes argues Dutch DJ should pay money back

Frank Butselaar is being told by prosecutors to pay over $19m

The Independent UK

The IRS Bleeds

Plus: Ceasefire talks, J.D. Vance as the future of the GOP, the government's war on treehouses, and more...

Reason

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

Didn't Receive $1,400 Stimulus Cheque From IRS? Here's How To Know If You Still Qualiify

Millions may still be eligible for the $1,400 (£1085.98) stimulus payment from 2021 through the Recovery Rebate Credit.

International Business Times

Didn't Receive The $1,400 Stimulus Cheque From IRS? Here's How To Know If You Still Qualify

Millions may still be eligible for the £1085.98 ($1,400) stimulus payment from 2021 through the Recovery Rebate Credit.

International Business Times UK

Weather Agency Plans Firing 1,000 Employees, VA Layoffs May Begin In June Amid Democratic Outcry

The NOAA is reportedly planning to lay off over a thousand personnel after it already fired 1,300 workers, and the VA is looking to pursue its plan of laying off some 80,000 workers as early as June.

International Business Times

Unions ask court to stop DOGE from accessing Social Security data of millions of Americans

A group of labor unions are asking a federal court for an emergency order to stop Elon Musk’s Department of Government Efficiency from accessing the sensitive Social Security data of millions of Americans

The Independent UK

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Yes, We Should End Taxes on Tips

Taxing tips generates practically no revenue, burdens workers, and fuels pointless IRS audits.

Reason

“Zero Regrets”: 13 Savage Ways People Got Revenge On Their Bosses Before Leaving The Job

Bad managers are abundant. The post “Zero Regrets”: 13 Savage Ways People Got Revenge On Their Bosses Before Leaving The Job first appeared on Bored Panda.

Bored Panda

How 18F transformed government technology − and why its elimination matters

Healthcare.gov, the government health insurance marketplace website, launched in October 2013 only to buckle under the weight of just 2,000 simultaneous users. As millions of Americans stared at error messages and frozen screens, a political crisis unfolded, but so did a new era of government technology.

The Conversation

Trump Admin Pressures IRS to Hand Over 700,000 Addresses of Immigrants to be Deported

Department of Homeland Security directed the Internal Revenue Service to turn over the addresses of roughly 700,000 immigrants it is seeking to deport.

Latin Times

Trump Admin Planning to Fire Over 70,000 From Veterans Affairs, Internal Memo Reveals: Report

The Trump administration is planning a major workforce reduction at the VA, potentially cutting more than 70,000 employees, according to an internal memo.

Latin Times

Good news: Latest data shows you might get a bigger tax refund this year

The average time between filing and receiving a tax return is 21 days, according to an analysis of this year’s tax data

The Independent UK

Warren Buffet Compares Trump's Tariffs on Mexico and Canada to 'An Act of War'

Buffett has previously expressed concerns about tariffs, opposing Trump's trade proposals during the 2016 campaign, when he called them "a very bad idea"

Latin Times

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The Independent UK

Hollywood’s go-to celebrity tattoo artist pleads guilty to not reporting over $600,000 to the IRS

‘Winter admitted in court today that he knew he was required to report all his income but wilfully lied about it on his tax returns’, stated the DOJ

Fortune

Americans have the ‘tax scaries’—but good news is waiting as the average refund goes up 7.5%

Tax season brings 1 in 3 Americans to tears, but with IRS data indicating above-average refunds, the stress might be worth it.

The Guardian - US

White House plans to expand mass layoffs to IRS and Veterans Affairs

Trump administration looks to axe up to half of the tax agency’s workforce and fire up to 83,000 workers at the VA

The Conversation

Influencers have trouble figuring out their tax obligations − and with good reason

The Internal Revenue Service hasn’t issued comprehensive guidance on how the estimated 27 million Americans earning income as influencers should report their income and expenses on their tax returns. That’s leaving people who either make a living or supplement their income by endorsing products and services on social media platforms…

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news in one place.

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International Business Times

IRS Mulls Slashing Workforce In Half As Trump And Musk Push Government Downsizing: Report

The IRS is planning to cut its 90,000 workforce by half as part of the Trump administration's bid toward federal government downsizing, but many X users are against the idea.

The Guardian - US

Senate Democrats condemn Russia over Ukraine war and dare Republicans to object – as it happened

Democrats introduce resolutions on Senate floor, as Trump veterans affairs chief defends plans to cut 80,000 staff

The Independent UK

IRS planning to cut nearly 50,000 jobs in the middle of tax season

The IRS is drafting plans to try to cut its workforce of roughly 90,000 people - right as tax season heats up

The Independent UK

FBI and DOJ headquarters are among more than 440 federal buildings listed for potential sale

The Trump administration has placed some of the country’s most iconic and well-known federal buildings on the potential chopping block, including them on a list of more than 400 properties deemed “not core to government operations” and candidates for “disposal.”

Latin Times

Hunter Biden Whistleblowers Invited As 'Honorable' Guests to Trump's Speech By Top Republican Lawmakers

Two Republican committee chairs have invited IRS whistleblowers Gary Shapley and Joseph Ziegler to the president's congressional address.

Reason

Nearly $2M Defamation Award (Including Attorney Fees) Upheld

From Creal v. Nasiri, decided Thursday by California Court of Appeal Justice Victor Viramontes, joined by Justices Maria Stratton and… The post Nearly $2M Defamation Award (Including Attorney Fees) Upheld appeared first on Reason.com.

Texas Observer

Abbott’s Border Splurge

There is now a powerful, well-heeled constituency that has built up around Operation Lone Star.

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