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The Latest Breaking News from Tax Return

Making Tax Digital: are you ready for HMRC’s self-assessment shake-up?

Tax authorities warn sole traders and landlords to act, as the biggest change to self-assessment in decades looms

The Guardian - UK

Can You Trust AI With Your Taxes and Investments? 8 Risks No One Explains

Money demands precision. Algorithms promise precision. That sounds like a perfect match—until you realize that your tax return and your retirement account don’t just require math. They require judgment, context, and accountability.

The Free Financial Advisor

U.S. Congress to End Emergency Tax Bill Over $6,000 Senior Deduction and Tip, Overtime Tax Breaks in D.C.

Here's how taxpayers can amend their already-filed income tax returns amid a potentially looming legal battle on Capitol Hill.

Kiplinger

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read the most diverse news in one place.

5 Years Without Filing: 8 Hidden Consequences That Make People Avoid the IRS

You can ignore a lot of problems and still sleep at night. Five years without filing a tax return does not belong on that list.

The Free Financial Advisor

IRS Warns EITC Filers: Refunds Delayed Until Mid-February Under PATH Act

Staring at an empty bank account while your tax return sits in a federal freeze is a special kind of torture. You filed early and did everything right, yet you are still waiting for a deposit that will not come. It is not your fault you are broke in February;…

Budget and the Bees

Tax season is here. Here's what you need to know for stress-free filing

Tax season is underway and you have until April 15 to file your return with the IRS

The Independent UK

PATH Act 2026: Why the IRS is Legally Holding EITC Refunds Until February 17

Staring at your empty bank account while your tax return sits in a federal freeze is a special kind of torture. You filed early, did everything right, and now you are just waiting for a deposit that won’t come. It is not your fault you are broke in February; the…

Budget and the Bees

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Why the 2026 tax filing Deadline actually matters for U.S. taxpayers

The tax filing Deadline affects more than penalties. Learn how Tax Filing timing impacts refunds, payments, extensions, and IRS processing for U.S. taxpayers.

inkl

23% of Americans With Credit Card Debt Don’t Believe They’ll Ever Pay It Off

There’s a number floating around the American financial landscape right now that feels less like a statistic and more like a warning flare: 23% of Americans with credit card debt don’t believe they’ll ever pay it off. Not someday, not eventually, not “after a few raises and a good tax…

The Free Financial Advisor

7 Bad Tax Habits to Kick Right Now

Ditch these seven common habits to sidestep IRS red flags for a smoother, faster 2026 income tax filing.

Kiplinger

What You Need To Know About Your 2025 Tax Return That Can Change Your 2026 Retirement Income

Everything from Social Security taxation to Medicare premiums can affect your retirement accounts if you make the wrong move.

GOBankingRates

I Asked ChatGPT How the IRS Decides Which Tax Returns Get a Second Look

To better understand what's happening behind the scenes, I asked ChatGPT to help break down how the IRS decides which tax returns get a second look.

GOBankingRates

Should You Do Your Own Taxes This Year or Hire a Pro?

Doing your own taxes isn’t easy, and hiring a tax pro isn’t cheap. Here’s a guide to help you figure out whether to tackle the job on your own or hire a professional.

Kiplinger

5 Paperwork Errors That Delay Refunds for Weeks

The IRS processes millions of tax returns per hour during peak season, relying on automated filters to approve refunds. When a return passes these filters,...

Saving Advice

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Clever Dude

7 “Harmless” Tax Deductions That Flag Your Return for Audit

You might think your tax return is airtight. After all, you’re just claiming what’s rightfully yours. But some of the most common tax deductions, even the ones that seem perfectly legitimate, can quietly raise red flags with the IRS. These aren’t shady loopholes or aggressive write-offs; they’re everyday deductions that,…

The Independent UK

HMRC issues warning to taxpayers as self-assessment deadline looms

HMRC has urged anyone who still needs to file their tax return to act now

The Independent UK

More than 10m people have filed tax returns as self-assessment deadline looms

People who miss the deadline on Saturday could face an initial £100 penalty.

The Independent UK

How ‘admin parties’ became the secret to tackling a tedious to-do list

LET’S UNPACK THAT: As the tax return deadline looms and paperwork becomes overwhelming, a new trend on TikTok suggests you can lessen the pain if you tackle such tasks while hanging out with your friends. Katie Rosseinsky gives it a go

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news in one place.

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GOBankingRates

What Happens If You File Your Taxes in January Instead of April? Here’s What Accountants Say

Filing your taxes early can speed up refunds and reduce stress, but mistakes, missing forms or changing tax rules may affect your return, accountants warn.

The Independent UK

How to get your tax refund fast, according to experts

‘Taxpayers should carefully check their return, even if prepared by a professional, for simple mistakes,’ one expert said

Evening Standard

3.3m people have around a week left to file self-assessment tax returns

HM Revenue and Customs is urging taxpayers and agents to act now or risk missing the January 31 deadline and face penalties.

The Independent UK

HMRC warns 3.3 million taxpayers have days left to avoid £100 fine

HM Revenue and Customs is urging millions of customers to act now or risk missing the January 31 deadline

GOBankingRates

7 Line Items Retirees Should Double-Check on Their 2025 Tax Returns

Filing a tax return when retired is a little different than when you're working. Here are the line items retirees should double-check on their 2025 tax returns.

Kiplinger

A Free Tax Filing Option Has Disappeared for 2026: Here's What That Means for You

Tax season officially opens on January 26. But you'll have one less way to submit your tax return for free. Here's what you need to know.

Evening Standard

I have nothing to hide but don’t know if I want to release tax return – Offord

The former Tory peer was announced as Reform UK’s leader in Scotland on Thursday.

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