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The Latest Breaking News from IRS

Senate Confirms Scott Bessent As Treasury Secretary

Scott Bessent confirmed as Treasury Secretary, focusing on tax cuts, deficit reduction, and tariffs for economic growth. Historic milestone as first openly...

Top News

The 401(k) Loan Dilemma: Is It Ever a Good Idea?

Go ahead. Take a loan from your 401(k) plan, but be aware that it runs the risk of jeopardizing your long-term retirement goals, so make sure to consider your options carefully.

Kiplinger

Bessent easily confirmed as Trump's Treasury secretary - Roll Call

The Senate confirmed Scott Bessent as Treasury secretary despite criticism levied by Democrats for his handling of self-employment taxes.

Roll Call

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2025 Tax Filing: Live Daily Updates, Tax Tips, News and IRS Deadlines

Kiplinger

Expecting An IRS Refund? Here's When To Expect It And How To Track It

As tax season kicks off on Monday, many Americans are looking forward to refunds.

International Business Times

How to file your taxes online

The IRS begins accepting your 2024 tax returns today, and there are more e-filing options than ever before.

Fortune

What is IRS form 1099-K? Here’s what you need to know

IRS Form 1099-K could be in your future if you sold items via online marketplaces like eBay and Venmo. Here’s what you need to know.

Fortune

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Tax Season 2025 Is Here: Key IRS Changes to Know Before You File

Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.

Kiplinger

IRS Direct File: What You Need to Know for 2025

The Trump administration has ended this free IRS tax filing program. Find out what's happening and what it means for you.

Kiplinger

IRS is cracking down on your online income. What to know

Millions more taxpayers with online side hustles will receive 1099-K tax forms this month

The Independent UK

No New IRS Agents? What Trump’s Federal Hiring Freeze, Firings Mean for Your Taxes

Will an executive order and firing IRS workers reshape the federal tax agency and impact how long it takes to get your tax refund?

Kiplinger

Risk On, Risk Off: The Mr. Miyagi Approach to Retirement Planning

The first 10 years of retirement are some of the riskiest for your investments, but channeling your inner Karate Kid may help defend your funds against losses.

Kiplinger

Could the CPA shortage ruin tax season this year?

There’s a continuing shortage of accountants in the U.S. CPAs are overwhelmed—leading to delays and errors during peak tax season.

Fortune

Tax season 2025: Everything you need to know about deadlines, refunds, audits and more

IRS will begin accepting and processing 2024 returns on Jan. 27.

Fortune

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The Independent UK

Trump ordered a hiring freeze on new IRS agents. Could it impact your tax return?

The 2025 tax filing season is set to start next week

Kiplinger

Getting Divorced? Beware of Hidden Tax Traps as You Divide Assets

Dividing assets fairly in a divorce means looking beyond their current values and asking whether they'll create tax liabilities — or tax breaks — in the future.

inkl

Top 10 Benefits of Self-Directed 401(k) - Unlock Your Financial Future

The current financial situation has made it more crucial than ever to take control of your retirement funds. Also, with the rise of personalized financial planning, self-directed investment choices have become more appealing. Among these alternatives, the self-directed 401(k) plan stands out as an effective tool!

MarketBeat

3 Stocks to Gain From Donald Trump’s External Revenue Service

Imagine no longer having to pay income taxes. Trump wants to replace the IRS with the External Revenue Service to collect tariffs to fund the Federal Government

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news in one place.

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Roll Call

Finance Democrats seek assurances from Bessent on taxes ahead of vote - Roll Call

Senate Finance Democrats want Scott Bessent to submit to an IRS audit and release his tax filings ahead of panel vote Tuesday.

Kiplinger

Why Digitizing Your Tax Records Can Simplify Your Filing in 2025

If you can, switching from paper to e-filing your taxes can have many benefits.

International Business Times UK

XRP Prices Surge Over 30% After Leak of Trump's America-First Strategic Reserve Plans and ETF Buzz

XRP prices reached an all-time high of £2.76 this week after reports emerged that Trump could establish the America-First Strategic Reserve to prioritise the Ripple-backed coin.

Kiplinger

No TikTok, No Taxes? App Ban Threat Sparks Creator Tax Rebellion

The TikTok community faces an uncertain future, but tax laws apply regardless of the app’s fate.

Latin Times

Influential Lawyer Who Called for End to Trump Criminal Cases Indicted for Tax Evasion, Allegedly Owes Millions

A top Supreme Court lawyer has been indicted on federal tax evasion charges after he paid off hefty amounts of debt accrued from high-stakes poker games using money from his law firm.

Top News

IRS Commissioner Werfel To Resign, Trump Picks Replacement

IRS Commissioner Danny Werfel resigns, paving the way for a new leader as President-elect Trump takes office.

Fortune

TikTok influencers threaten to not pay their taxes if the app gets banned

Tax experts warn TikTokers it’s ‘not legal’ to avoid paying their taxes.

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