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The Latest Breaking News from IRS

5 Overlooked Tax Credits That Even Accountants Miss

Every year, millions of taxpayers lose money they didn’t realize they were entitled to—often because of overlooked tax credits hiding in plain sight. Even seasoned accountants can miss opportunities when clients’ financial situations are complex or slightly outside the norm. The truth is, tax law changes frequently, and some credits…

Dinks Finance

IRS Updates 2026 Tax Deduction for People Age 65 and Older

Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts to know for 2026.

Kiplinger

Child Tax Credit, EITC, & More: Three IRS Tax Breaks Getting Bigger Soon

Key family tax breaks are higher for 2026, including the Earned Income Tax Credit and the Adoption Credit. Here's what they're worth.

Kiplinger

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Michael Jackson's $778M Fortune Likely to 'Evaporate Amid Pending Sex Lawsuit and Scandals

Michael Jackson's estate faces mounting legal, tax, and internal disputes—potentially eroding the late singer's vast fortune and putting his heirs on edge.

International Business Times UK

New Yorkers targeted in fake 'inflation' text campaign - here's how to stay safe

You don't need to share your banking details to get the refund - it goes out automatically.

TechRadar

6 Hidden Costs of Homeownership That Blindside First-Time Buyers

Buying your first home feels like crossing a finish line. You’ve saved, planned, and finally signed the papers—but once you move in, the reality of ownership can hit hard. Many new buyers quickly discover that the monthly mortgage payment is just the beginning. From unexpected repairs to overlooked fees, the…

The Free Financial Advisor

Trump has shaken America’s faith in most government agencies since his return to White House, polls show

While certain agencies that Trump has targeted have fallen out of public favor, others have seen their approval ratings rise in line with the administration’s policies

The Independent UK

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IRS Warns Americans After Fake 'October Stimulus Checks' Go Viral on Social Media

Fake IRS direct deposit stimulus check scams are spreading online, tricking Americans with false payment promises, officials and fact-checkers warn.

International Business Times UK

The 401(k) Withdrawal Mistake That Triggers Massive Tax Penalties

It’s tempting to view your 401(k) as a financial safety net during tough times, but tapping into it too early can turn into a costly regret. Many Americans make a 401(k) withdrawal mistake without realizing how severe the tax consequences can be until it’s too late. Between early withdrawal penalties,…

The Free Financial Advisor

Why an Enormous Tax Refund Is Actually a Bad Sign for Your Finances

Every spring, millions of Americans eagerly await their tax refunds. For some, receiving a big check from the IRS feels like a financial windfall. It’s common to hear people brag about getting thousands back at tax time, treating it as a reward for a year of hard work. But is…

The Free Financial Advisor

Will Taxes Shred Your 401(k) or IRA During Your Retirement? It's Very Likely

Conventional wisdom dictates that you save in a 401(k) now and pay taxes later, but turning that rule on its head could leave you far better off. A financial planner explains why.

Kiplinger

First Republican governor comes out against Trump’s deployment of National Guard

‘We believe in the federalist system — that’s states’ rights,’ Oklahoma’s Gov. Kevin Stitt told The New York Times

The Independent UK

Priscilla Presley Shock: Actress Under Fire After 'Hiding' $25M Jewellery From IRS — 'Was It Worth It?'

Priscilla Presley is sued by former business partners over allegations of hiding $25 million in jewellery from the IRS — Presley strongly denies all claims.

International Business Times UK

Priscilla Presley accused of hiding $25 million worth of jewelry from IRS in lawsuit

Ex-wife of Elvis Presley has been locked in a bitter legal battle with her former business partners

The Independent UK

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Fortune

New 2026 tax brackets are here: What higher thresholds and a bigger standard deduction mean for paychecks and the top 1%

The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and easing bracket creep for most filers, while the 37% top rate still applies at higher incomes.

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.

Thousandaire

What’s the Real Reason Your Pay Stub Shows Less Than You Expect?

If your paycheck feels smaller lately, you’re not alone. Workers are noticing lower take-home pay even when salaries haven’t changed. Between tax adjustments, benefit deductions, and new contribution limits, pay stubs are more complicated than ever. Employers rarely explain each line clearly, leaving many guessing where their money goes. Here’s…

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news in one place.

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Benzinga

IRS Details 2026 Tax Provisions, Including Standard Deduction Adjustments — Here Are All The Key Changes

The Internal Revenue Service on Thursday released inflation adjustments for dozens of tax provisions for 2026, alongside changes required by the One Big Beautiful Bill Act, lifting the standard deduction and shifting income thresholds that determine tax bills.

Kiplinger

New 2026 Income Tax Brackets Are Set: Will Your Rate Change?

The IRS has adjusted federal income tax bracket ranges for the 2026 tax year to account for inflation. Here's what you need to know.

Benzinga

1099-K Rules Are Changing Again For 2025 And Beyond: What Freelancers Must Know

If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that specifically reports card payments and transactions from online platforms, apps or payment card processors. The 1099-K rules have changed a few times throughout the years, and they're changing again…

The Independent UK

The UK cities where buying a home with a 5% deposit could be less expensive than renting

The analysis compared typical monthly rental costs with potential first-time buyer mortgage payments

MarketBeat

Carmakers Step in With Incentives as EV Tax Credit Expires

As the federal government ends its EV tax credit, legacy automakers have moved to offer their own incentives to keep EV sales rolling.

Benzinga

This Stay-At-Home Mom Took Early Withdrawal From Her 401(k) And Doesn't Regret It — 'Why the Hell Are We Stressing?'

The wisdom of financial planning often clashes with the messy reality of life, and for one couple in their early 50s, a strong retirement nest egg and a valuable home aren't enough to quell the severe anxiety of living paycheck to paycheck.

The Independent UK

IRS unveils federal income tax brackets for 2026 — how those changes affect you

Tax rate percentages will stay the same thanks to Trump’s One Big Beautiful Bill

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