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The Latest Breaking News from IRS

TurboTax Settlement Checks Headed to 4.4 Million Customers

Millions of Intuit TurboTax users will begin receiving settlement checks in the mail this week. Here's what you need to know.

Kiplinger

Is High-Yield Savings Account Interest Taxable?

Think a high-yield savings account is a good idea? Don’t forget taxes on savings account interest.

Kiplinger

White House prepares for possible charges against Hunter Biden

Federal prosecutors’ investigation into possible crimes involving taxes and gun purchase appears near completion

The Guardian - US

From analysis to the latest developments in health,
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IRS body condemns killing of officer by mob in Manipur

The Indian Revenue Service (IRS) Association has condemned the killing of an income tax officer by a mob in violence-hit Manipur. The IRS officer’s death followed that of Chonkholen Haokip, a CRPF constable of the force’s elite CoBRA unit who was on leave.

The Hindu

AP News Digest 3:40 a.m.

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

The Independent UK

Faster IRS offering better picture on looming debt 'X-date'

That big infusion of cash that Congress approved last year to shape up the beleaguered IRS is having an unexpected side benefit

The Independent UK

He's trying to fix the IRS and has $80 billion to play with. This is his plan

There are two competing trends: The population of the U.S. has grown at the same time as the workforce of the IRS has shrunk. A 10-year, $80 billion plan aims to tackle the agency's troubles.

WEKU

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Low-Tax States Gain Residents From California and New York

IRS data show taxpayers are leaving high-tax states like California and New York and moving to low-tax states.

Kiplinger

Tax pledge’s father bestows blessing on GOP debt limit package - Roll Call

Grover Norquist says his group determined a debt limit bill wouldn’t raise taxes, which helped Speaker Kevin McCarthy secure a narrow win.

Roll Call

IRS Relief for Florida Comes as Lawmakers Mull Major Tax Cuts

Residents impacted by recent severe Florida storms have an extended IRS tax deadline.

Kiplinger

Why Do Federal Bureaucrats Need So Much Firepower?

A new report details a startling trend: Federal agencies with no obvious law enforcement purview are spending millions each year on guns and ammunition.

Reason

2023 Georgia Tax Rebates Up to $500 Are Now Being Sent

Georgia has started sending special 2023 surplus tax refunds to eligible residents.

Kiplinger

Court Rejects School District's "Heckler's Veto" of The Satanic Temple's After-School Meeting Application

From The Satanic Temple, Inc. v. Saucon Valley School Dist., decided yesterday by Judge John M. Gallagher (E.D. Pa.): [According to the Complaint,] Plaintiff, The Satanic Temple, Inc. ("TST") "is a non-theistic, religious not-for-profit corporation" that "has been recognized by the IRS as a church… and as a religious corporation."…

Reason

Is Your Scholarship Tax-Free or Taxable?

Scholarships are generally tax-free if certain IRS and other requirements are met.

Kiplinger

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Kiplinger

Oklahoma Storm Victims Have an Extended IRS Tax Deadline

Oklahoma taxpayers impacted by severe April storms have an extended tax filing and tax payment deadline.

The Guardian - US

‘Excessive loyalty’: how Republican giant George Shultz fell for Nixon, Reagan … and Elizabeth Holmes

The great secretary of state’s biographer, Philip Taubman, balances cold war achievements with costly political failures

The Independent UK

Beyoncé responds to government claim she owes millions in back taxes

Lawyer Michael C Cohen said: ‘We are working with the IRS and anticipate that the matter will be resolved shortly’

The Independent UK

Beyoncé responds to government claim she owes millions in back taxes

Lawyer Michael C Cohen said: ‘We are working with the IRS and anticipate that the matter will be resolved shortly’

Get all your
news in one place.

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The Guardian - US

Danger and deja vu: what 2011 can tell us about the US debt ceiling crisis

Congress appears to be facing its biggest debt standoff in years – and the consequences of default could be disastrous

Reason

Vivek Ramaswamy: Why He's Running for President—and Against 'Woke Capitalism'

The Capitalist Punishment author explains his America First 2.0 agenda, how to fix America's identity crisis, and why he no longer calls himself a libertarian.

Investors Business Daily

Should I Tap My 401(k) To Buy A Second Home Or Income Property?

Dead set on buying a beachfront vacation home or an investment property on a lake with a view?

Zenger

Phone Phising Scams Stole More Than $29 Billion From Americans, New Report Says

Even corporate accounting departments lost some $1.2 billion this past year to vishing calls.

Salon

House GOP passes debt "sabotage" bill

"This is completely unworkable," Rep. Pramila Jayapal says

Kiplinger

How to Financially Get Through A Layoff

Losing your job can be traumatic, but it doesn’t have to wreck your finances.

The Independent UK

House Republicans pressure Biden as they vote to raise debt ceiling in exchange for spending cuts

The House voted 217-215 along party lines to raise the debt ceiling by $1.5 trillion

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