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The Latest Breaking News from IRS

Abolish the IRS—and the Income Tax Too

Americans spent an estimated $133 billion and 6.5 billion hours filing their tax returns in 2024.

Reason

New Rules for Retirement Savings Taking Effect in 2025

Many employees will be able to contribute more money to tax-advantaged workplace plans.

Kiplinger

Florida Tax Deadline Extension for 2025: What You Need to Know

If you live in Florida the IRS has extended your federal income tax deadlines.

Kiplinger

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read the most diverse news in one place.

IRS: Here’s How to Recover Your Tax Records After a Natural Disaster

Your tax documents can help you get federal relief faster, the IRS says.

Kiplinger

Tax Changes are on Trump's 2025 To-Do List

Donald Trump campaigned on lower taxes and, as president, he will push Congress to pass big tax changes next year

Kiplinger

Nanny Pleads Guilty In Suburban Virginia Double Homicide Case

A nanny in Virginia pleads guilty to manslaughter in a shocking double homicide case involving her employer and another man. Tragic events unfold in the Ba...

Top News

12 Retirement Moves to Make Before the Year Ends

From applying for Social Security and donating to charity to maximizing your savings accounts, here are 12 retirement moves you can still make in 2025

Kiplinger

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Why Did Federal Agents Raid Alfie Oakes' Naples Estate? Everything You Need to Know

Federal agents have launched a high-profile raid on conservative influencer Alfie Oakes, raising questions about his financial troubles and the future of his $400 million empire.

International Business Times UK

IRS bows to James Comer and Jim Jordan's Demands to Halt Disciplinary Measures Against Hunter Biden Whistleblower

" We won't stop fighting for these brave whistleblowers, who exposed misconduct and politicization in the federal criminal investigation," said the House Oversight Committee

Latin Times

IRS Updates Capital Gains Tax Thresholds for 2025

For the 2025 tax year, the IRS has increased the capital gains tax income thresholds. Here's what you need to know.

Kiplinger

Earned Income Tax Credit (EITC) 2025 and 2026: How Much Will You Get?

The refundable amount for workers with or without children is slightly higher this year. Here’s what you need to know.

Kiplinger

How Intrafamily Loans Can Bridge the Education Funding Gap

To avoid triggering federal gift taxes, a family member can lend a student money for education at IRS-set interest rates. Here's what to keep in mind.

Kiplinger

"I was being a very bad boy. It was not a good time": Bob Welch was the man who kept Fleetwood Man going, but a decade later he was smoking crack with Guns N' Roses

In this exclusive extract from his new Fleetwood Mac book, Mark Blake tells the tale of Bob Welch, the man Mick Fleetwood credits as having played a crucial role in keeping the Mac together

Louder

457 Plan Contribution Limits for 2026

There are higher 457 plan contribution limits in 2026. That's good news for state and local government employees.

Kiplinger

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news in one place.

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Kiplinger

Two Consequential Tax Cases You May Not Have Heard About

The Supreme Court's decisions in these cases create uncertainty about challenging IRS regulations and guidance. Expect more litigation to follow.

Bored Panda

Aren’t Supposed To Know: 49 Confessions From Employees Across Industries

Someone asked “What's a secret in your job that people aren't supposed to know about?” and netizens spilled the beans. The post Aren’t Supposed To Know: 49 Confessions From Employees Across Industries first appeared on Bored Panda.

USA Today Sports Media Group

Can Life Insurance Qualify as a Business Expense? Essential Tax Tips

Typically, life insurance is viewed as a personal financial product that acts to secure families or loved ones in case of an unexpected death. However, for those owning businesses, it can be more than just a means of protection by functioning as a ...

International Business Times UK

Research Says Your Airfryer May Be Recording Your Conversations And Sending Data To China

Air fryers, once a kitchen darling, are now under scrutiny. Recent reports suggest these popular appliances may listen to users and send data to China.

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news in one place.

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Kiplinger

New SECURE 2.0 Super 401(k) Catch-Up Contribution for Ages 60-63

SECURE 2.0 changes will allow older workers to increase their retirement savings. Here's what you need to know.

Kiplinger

U.S. Treasury's AI is Catching Tax Cheats and Saving Billions

Artificial intelligence is helping the Treasury Department reclaim billions in tax funds. Find out what this could mean for you.

Texas Observer

Is Rep Nate Schatzline Misusing Nonprofit to Play Partisan Politics?

“It appears that For Liberty & Justice is violating its 501(c)(3) tax-exempt status by assisting the campaign of Sen. Ted Cruz and the Republican Party.”

Kiplinger

Should You Buy These Covered-Call Funds?

Covered-call ETFs are popular but come with plenty of caveats.

Kiplinger

Is It Too Late to Do a Roth Conversion if You're Retired?

The short answer is: Not at all. Roth conversions can be great tax-saving strategies … for the right people. Are you a good candidate?

Latin Times

James Comer and Jim Jordan Demand IRS Halt Disciplinary Measures Against Hunter Biden Whistleblowers

The lawmakers said two officials revealed the "politization and misconduct in the federal criminal investigation of Hunter Biden."

Top News

IRS Announces 401(K) Contribution Increase For 2025

IRS raises retirement account contribution limits and standard deductions for 2025, Social Security benefits also increase.

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