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The Latest Breaking News from IRS

Will AI Violate Taxpayer Rights?

When the IRS uses AI, will it violate your rights as a taxpayer (or your rights as a human being)?

Kiplinger

IRS granted tax-exempt status to extremists, including an Oath Keepers foundation – here’s why that’s not as surprising as it sounds

When someone mentions nonprofits, chances are you picture homeless shelters, free medical clinics, museums and other groups that you believe are doing good one way or another.

The Conversation

10 Ways To Get Five More Years Out Of Your Cracked Retirement Nest Egg

Making a retirement nest egg last a lifetime isn't getting any easier. What if smart planning could squeeze five more years out? Here's how.

Investors Business Daily

From analysis to the latest developments in health,
read the most diverse news in one place.

Will an IRS Tax Prep Service Replace H&R Block or TurboTax?

IRS Direct File has some wondering if people will leave H&R Block and TurboTax and let the IRS do their taxes.

Kiplinger

IRS chief says agency is 'deeply concerned' by higher audit rates for Black taxpayers

Findings from an internal investigation come after researchers said the IRS was at least three times more likely to audit Black taxpayers than other racial groups.

WEKU

IRS moves forward with free e-filing system in pilot program to launch in 2024

The IRS is planning to launch a pilot program for a government-run, online tax filing system that’s free for all

The Independent UK

The IRS is building its own online tax filing system. Tax-prep companies aren't happy

The IRS is working to develop its own free electronic tax-filing system in a potential challenge to commercial products such as TurboTax. The agency plans a pilot test of the program next year.

WEKU

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The IRS is working on a TurboTax alternative to make filing your taxes easier

Free IRS software for filing your tax returns could topple TurboTax at last, but it may take years to reach everybody.

TechRadar

Stocks Close Higher on Hopes for U.S. Debt Ceiling Resolution

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IU ) (QQQ ) closed up +0.55%. Stock indexes Monday closed moderately higher on hopes that...

Barchart

Simplify the Tax Code Instead of Creating an IRS Rival to TurboTax

Americans collectively spend billions of hours each year preparing their taxes. Rather than adding a government-run website into the mix, politicians should just simplify the tax code.

Reason

Stocks Rise on Optimism About the Debt Ceiling

The S&P 500 Index ( $SPX ) ( SPY ) is up +0.09%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.01%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.35%. U.S. stock index futures this morning are moderately higher...

Barchart

Stocks Mixed as Hawkish Fed Comments Push Bond Yields Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.05%. U.S. stocks this morning gave up an early advance...

Barchart

Would you trust the IRS to prepare your taxes? Upcoming report could lead to government-run tax prep option

Pending report could set off a number of fights.

Fortune

Mormon church has $100bn ‘clandestine hedge fund’, says whistleblower

Former church investment manager claims funds were intended for charity work but spent on for-profit initiatives as a tax dodge

The Guardian - US

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Barchart

Markets Today: Stocks Slide Despite Optimism About the Debt Ceiling

The S&P 500 Index ( $SPX ) ( SPY ) is down -0.31%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.35%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.11%. U.S. stock index futures this morning are moderately lower...

Barchart

Markets Today: Stocks Climb on Debt Ceiling Optimism

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.17%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.15%. U.S. stock index futures this morning are moderately higher on hopes a deal on the debt ceiling can be reached. President Biden will reconvene with...

Reason

It's Been 10 Years Since the IRS's Tea Party Scandal. Will Congress Finally Act?

The partisan and constitutional dangers of letting the IRS police speech are simply too great.

Roll Call

Santos isn’t the first member of Congress indicted. Here’s how others ended up - Roll Call

Here's what happened in past cases of members of Congress who were indicted in office, as New York Republican George Santos was Wednesday.

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news in one place.

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One news app.

The Independent UK

Federal bank records emerge as focus of GOP's Biden probes

House Republicans are facing growing pressure to show progress in their investigations

Cinemablend

Bethenny Frankel Slams Kim Zolciak And Kroy Biermann After News They Owe The IRS A Million Broke

Bethenny Frankel had a lot to say about Kim Zolciak and Kroy Biermann's recently revealed money problems.

Daily Mirror

Bethenny Frankel slams Kim Zolciak and ex Kroy telling them to 'pay their f***ing bills'

Real Housewives of New York City star Bethenny Frankel has demanded her co-star Kim Zolciak and her ex-husband Kroy Biermann "pay their f***ing bills" as they demand privacy amid their divorce

Daily Mirror

Kim Zolciak and Kroy Biermann 'still living together' after divorce over 'money woes'

Real Housewives of New York City star Kim Zolciak is reportedly still living with her husband Kroy Biermann despite filing for divorce from the former NFL star earlier this week

WEKU

Buffalo Bills' Damar Hamlin says he will put the millions raised into his charity

The decision begins the 25-year-old's plan for the unprecedented outpouring of support that he received after his heart stopped following a tackle during a "Monday Night Football" game in January.

Cinemablend

Kim Zolciak And Kroy Biermann Divorce News Drops, Looks Like The Couple Owes The IRS A Bunch Of Moolah

As Kim Zolciak and Kroy Biermann head towards divorce, it looks like they're also in trouble with the IRS.

Kiplinger

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.

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