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The Latest Breaking News from IRS

More than half a billion dollars of taxpayer money has paid for other people's EVs

Thanks to new rules, the IRS has paid an eye-watering amount to help other people buy EVs.

The Street

H&R Block server outage leaves tax day filers hanging — here's what you can do

An H&R Block server overload is preventing thousands from e-filing their taxes today. Here's how you can get around the issue for free and dodge late fees.

Laptop

The U.S. Paid $580 Million In Point-Of-Sale EV Tax Credits So Far This Year

The U.S. government's support scheme seems to be pretty popular, with the IRS receiving about 100,000 time-of-sale EV reports so far.

InsideEVs

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read the most diverse news in one place.

When rogue brokers switch a person's ACA health insurance, tax surprises can follow

Some tax filers' returns are being rejected because they failed to provide information about Affordable Care Act coverage they didn't even know they had.

WEKU

It’s Tax Day: Is the Post Office Open Late?

Tax Day is here and some people need to mail their federal income tax returns.

Kiplinger

IRS Exceeds Tax Filing Service Goals, Seeks Sustained Funding

IRS successfully met service goals for tax filing season despite challenges, emphasizing need for sustained funding.

Top News

Seven Ways to Spend Your Tax Refund

You may want to splurge, but using your tax refund to save for the future or pay down debt is a much better idea — even if not as fun.

Kiplinger

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Don't Forget To Claim Drug Dealing Income on Your Taxes

According to IRS guidance, any income derived from illegal activity is taxable, and there's no statute of limitations on when they can go after you.

Reason

High Earners: Beware of These Illegal Schemes to Lower Taxes

The IRS says high-income filers are targets for several illegal tax schemes.

Kiplinger

Elizabeth Warren targets TurboTax with hilarious ad promoting free tax filing service

The senator teamed up with a comedian who also went after TurboTax in the past.

The Street

Biden to hold summit with Japan, Philippines; FAFSA delays threaten college enrollment

President Biden hosts the leaders of Japan and the Philippines. Fewer high school seniors are completing their FAFSA form.

WEKU

Four big tax myths flying around on TikTok: ‘Anyone who follows this is in for a world of hurt’

As Tax Day approaches, accountants debunk some money-saving claims that are a little too good to be true

The Guardian - US

Five things to know as the tax deadline looms

April 15th, the deadline to file your income taxes, is just around the corner. Filings so far this year are on track with last year's, while the average refund is slightly larger.

WEKU

Gerald Ford foundation accused of not honoring Liz Cheney over Trump fears

Ford’s White House photographer resigns from board, alleging it refused to honor Republican over fear of retribution

The Guardian - US

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news in one place.

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Kiplinger

Mailing Your Tax Return This Year? What to Know Before You Do

There are plenty of reasons not to mail your tax return this year, but here’s what you should know if you are.

Kiplinger

How to Spot a Social Security Scam (and What to Do About It)

Here are a scam's red flags and how to report it if someone tries to scam you. The first things to do if a scammer contacts you: Remain calm and ignore them.

Reason

The White House Lied About Its IRS Funding Only Targeting the Rich

Plus: A listener asks the editors for examples of left-leaning thinkers who also hold libertarian ideas.

Kiplinger

How To Invest Your Tax Return

When thinking about how to invest your tax return, prioritize your financial health over aggressive – and risky – ideas like bitcoin.

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Kiplinger

A Bunch of IRS Tax Deductions and Credits You Need to Know

Lowering your taxable income is the key to paying less to the IRS. Several federal tax credits and deductions can help.

Kiplinger

Nine Tax Deadlines for April 15

Do you know about all the various tax deadlines that fall on Tax Day?

Top News

Former IRS Contractor Faces Prison For Exposing Billionaire Tax Avoidance

Former IRS contractor faces prison for exposing tax avoidance practices, sparking debate on whistleblowing boundaries.

Bored Panda

18 People Share The Financial Differences Between Them And Their Parents

While some young people are thoroughly optimistic about their future, personal growth, and technological progress, others are far more skeptical. The post 18 People Share The Financial Differences Between Them And Their Parents first appeared on Bored Panda.

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