The Latest Breaking News from IRS

The White House is weighing a proposal that could give the IRS direct visibility into Americans' offshore crypto accounts, signaling the biggest shift in U.S. digital-asset oversight in years.

These changes will impact taxpayers when they file in 2027

The start of tax season can create panic because your financial records do not align with your expected results. The feeling of being unable to pay your IRS debt becomes overwhelming, but you can prevent it from getting out of hand. You can reduce expenses through various financial strategies that…

U.S. taxpayers face a very different filing season in 2026, and financial planners say the smartest move is to start adjusting before this year ends.

The Simpson estate's £46M Goldman settlement creates a paradoxical market for memorabilia, with forced sales pushing prices down while scarcity may drive some values up.

Here's something most Americans don't realize: The US is one of only two countries that taxes citizens no matter where they live.

Homeowners who sell at a loss usually get no tax break, even as falling prices and higher borrowing costs push more sales into the red, tax experts warn.

Many seniors believe their tax burden shrinks after retirement, but hidden increases often tell a different story. Quiet tax hikes—like bracket creep, benefit taxation, and...

The following four late-year money moves can help boomers end this year and start the next one on a strong financial footing.

Taking your required minimum distribution (RMD) at one time of year versus another can impact your finances.

Tax season is never simple, but for retirees, it just got more complicated. The IRS has quietly adjusted guidelines that make certain deductions harder to...