The Latest Breaking News from IRS

A major new tax law may feel like a stimulus check to many Americans. Discover 7 major tax changes in 2026 that could impact your refund, income and benefits.

Here’s what you should know about gambling winnings tax in Canada.

Trump’s Big Beautiful Bill ends the $7,500 EV tax credit on Sept. 30. However, a legal loophole could allow buyers to receive their vehicle after the deadline.

The U.S. Treasury Department and the Internal Revenue Service (IRS) have issued the final regulations for retirement “catch-up” contributions, outlining the application of the SECURE 2.0 Act provisions.

Your phone rings. The caller claims to be from your bank, the IRS, or a tech support company. Sounding official, they create a sense of urgency. For a moment, you might even believe them. Of course, that’s how scammers operate. They are, after all, masters of psychological manipulation who prey…

GOBankingRates decided to put ChatGPT to the test and ask it how to avoid paying taxes.

Small businesses are central to the U.S. economy, yet many new entrepreneurs still face complex procedures when dealing with government.

Electric vehicle purchases have long been eligible for a federal tax credit of up to $7,500. That is changing on Sept. 30 thanks to the One Big Beautiful Bill Act, which eliminated the credit.

Last year, Americans reported losing more than $12.5 billion to fraud. The biggest losses resulted from scams that started with a phone call or on social media.

As speculation grows that the Federal Reserve will soon start lowering interest rates, now is a good time to review your financial plans for housing, estate, taxes, investing and retirement to make the most of potential changes.

The way a bank account is titled can determine who inherits it. Many retirees assume their will controls everything, but titles often override estate documents....