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The Latest Breaking News from the Internal Revenue Service

If You're Over 65, These 3 Hidden Tax Benefits Could Put Thousands Back in Your Pocket

Learn about the new tax deductions and opportunities for seniors, including the expanded standard deduction and the One Big Beautiful Bill Act.

International Business Times UK

Treasury Department terminates union contracts for IRS and Bureau of the Fiscal Service workers

The Treasury Department says it has ended its collective bargaining agreement with unionized workers employed at the Internal Revenue Service

The Independent UK

States Are Holding Billions in Unclaimed Tax Refunds—Here’s How to Claim Yours Before It Expires

Money sits in government accounts right now with names attached to it. Real names. Real addresses. Real dollar amounts. State governments across the country hold billions of dollars in unclaimed tax refunds, and the clock keeps ticking on many of those checks. Once the deadline passes, that money does not…

Everybody Loves Your Money

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9 Tax Filing Mistakes That Can Delay Your Refund by 21 Days or More

Tax season feels exciting until you realize your money is sitting somewhere in paperwork limbo. A single mistake on your return can keep your refund stuck for three weeks or longer, especially when the people at the Internal Revenue Service start reviewing your file more closely.

Clever Dude

Refunds Are Being Frozen Over a Single IRS Identity Check — Here’s What’s Causing the Delays

The tax refund that was supposed to land in a bank account can stop cold because of one thing: identity verification. Not an audit. Not a math error. Not some dramatic investigation. Just a single flag that tells the Internal Revenue Service it needs to make sure the person behind…

The Free Financial Advisor

The IRS Doesn’t Blame Your Preparer — 5 Reasons You’re Still on the Hook

You can pay someone to prepare your taxes, but you can’t pay someone to take your responsibility. That truth stings when the Internal Revenue Service starts asking questions and you realize the person who filed your return doesn’t sit in the hot seat—you do. The IRS does not care who…

Everybody Loves Your Money

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

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9 Costly Tax Traps Small Business Owners Miss

You're investing your time, energy, and savings into the activities of your small firm. However, just one silent tax fault can wipe out your earnings for several months. Most business owners focus on revenues but overlook the tax risks hidden, which can lead to audits and penalties. The Internal Revenue…

inkl

Five reasons hiring an accountant could save you money on taxes

Tax season is in full swing, and the Internal Revenue Service estimates that U.S. taxpayers will file around 164 million individual federal returns.

The Independent UK

Tax refund delays: Why yours might be late this year

The Internal Revenue Service has lost around 27 percent of its workforce since January 2025

The Independent UK

Trump hits out at ‘loud’ female reporter grilling him on IRS lawsuit

Donald Trump admonished a female reporter who asked him why he is suing the Internal Revenue Service (IRS).

The Independent UK

Where's My Refund? IRS Opens 2026 Tax Season — Here's When Refunds Should Arrive

The IRS has opened the 2026 tax season, with most refunds issued within 21 days, though some credits and filing methods can cause delays for taxpayers.

International Business Times UK

10 Tax Errors That Trigger IRS Letters Faster Than Anything Else

The Internal Revenue Service has increasingly relied on high-tech automated systems to scan millions of returns for inconsistencies and simple mistakes. These systems are designed...

Saving Advice

Scott Bessent Says New IRS Crypto Guidance Gives ETFs 'Clear Path' To Stake Digital Assets And Share Rewards With Investors

The Treasury Department and the Internal Revenue Service have introduced new guidance, clearing the way for them to stake digital assets and share rewards with investors.

Benzinga

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International Business Times

Everything We Know About The New IRS 2026 Federal Income Tax Brackets

The Internal Revenue Service announced changes to over 60 tax provisions that are expected to save Americans more money for the tax year 2026.

International Business Times UK

IRS 2026 Federal Income Tax Brackets Announced: Standard Deduction Raised, New Relief for Seniors

The Internal Revenue Service announced changes to over 60 tax provisions that are expected to save Americans more money for the tax year 2026.

International Business Times UK

Is a $1,702 Stimulus Payment Coming in 2025? What We Know About the Tariff Rebate Rumours

Rumours of 2025 stimulus cheques are making waves on social media, but no confirmation was provided by Congress or the Internal Revenue Service.

Budget and the Bees

8 Tax Refund Mistakes That Put You on the IRS Audit List

For millions of Americans, tax season culminates in a single, happy moment: the arrival of a tax refund. It can feel like a windfall, a bonus from the government. However, the process of getting that refund is fraught with peril. The U.S. tax code is incredibly complex, and a simple,…

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Saving Advice

Warning: The IRS Can Target More Than You Think – Are You Protected?

When most people think about the IRS, they imagine one thing: their bank account being drained. But the reality is far broader—and far more unsettling—than...

Benzinga

IRS Denies Rumored $1,390 Stimulus Checks, Says No New Payments Approved For 2025: Here's What Taxpayers Need To Know (UPDATED)

Editor’s Note: This story has been updated to include a comment from an IRS spokesperson.

The Independent UK

Trump boots IRS commissioner after just months on the job: Names Treasury Secretary as interim head

The former Missouri congressman had next to no experience with tax law when he was tapped to lead the tax collection agency

The Conversation

IRS says churches may endorse political candidates despite a decades-old federal statute barring them from doing that

Churches and other houses of worship can endorse political candidates without risking the loss of their tax-exempt status, the Internal Revenue Service said in a legal document the tax-collection agency filed on July 7, 2025. This guidance is at odds with a law Congress passed more than 70 years ago…

Benzinga

Coinbase Legal Head Vows To 'Continue The Fight' After Supreme Court Rejects Appeal To Block IRS From Accessing User Data

The Supreme Court rejected Monday an appeal to block the Internal Revenue Service from accessing Coinbase Global Inc.'s (NASDAQ:COIN) user data.

Benzinga

Why Crypto Investors Are Receiving Internal Revenue Service Warning Letters

According to CoinLedger CEO David Kemmerer, thousands of U.S. crypto investors have recently received warning letters from the Internal Revenue Service (IRS), marking a significant escalation in the agency's efforts to enforce tax compliance in digital assets.

Clever Dude

7 Things the IRS Doesn’t Want You to Understand

Every year, millions of Americans dread the moment they have to deal with the Internal Revenue Service. Whether it’s filing taxes, managing an audit, or simply trying to make sense of deductions, the system feels deliberately confusing. While the IRS isn’t necessarily hiding secrets in a malicious way, there are…

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