The Latest Breaking News from IRS

Damon Lawner shared in an exclusive interview that kicking out Hunter Biden from his sex club got him alienated by his own elite clientele.

The final month of the year isn’t just about tinsel, twinkling lights, and holiday cheer. It’s also a financial minefield where one seemingly innocent transaction could spark unexpected tax penalties. From last-minute stock moves to charitable contributions, December is the season when timing is everything—and sometimes, even a day can…

Unlock the secrets of the 2026 retirement catch-up provisions: A must-read for high earners aged 50 and above.

Slash your 2025 tax bill with smart gig worker moves. Learn some key deductions, timing tricks and essential year‑end steps to keep more of your earnings.

Many taxpayers might miss these valuable tax deductions and credits for 2026, from HSA contributions to the new senior deduction. Here's what you need to know.

Trump admin's advisor, Kevin Hassett, said Americans can expect to get huge payouts for tax refunds from the IRS next year

Navigating tax tricks of the holiday season may be daunting, but don't let that destroy your festive spirit

Roth conversions should never be done on a whim — they're a product of careful timing and long-term tax considerations. So how can you tell whether to go ahead?

Many wealthy people are super skilled at using all the tax loopholes available to them to minimize their taxes and maximize their wealth.

A sudden windfall in 2025 can feel like someone handed you a golden ticket—maybe from a business sale, a legal settlement, a crypto boom, or even an unexpected inheritance. The thrill is real, the excitement palpable, and the possibilities endless. But along with that exhilaration comes a giant, unavoidable reality…

The IRS raised 401(k) limits to $24,500 for 2026. Here are four expert tips to save more and cut taxes.