The Latest Breaking News from IRS

Penalty-free distributions have become more accessible, but they can be detrimental to your retirement security.

California's Abundant Birth Project offers £800 ($1000) monthly to pregnant women, tackling financial stress and improving birth outcomes. Learn who qualifies and how it works

Tax season is when the average American tightens their belt, digs through receipts, and hopes for a decent refund. For the ultra-wealthy, however, it’s a whole different game—one that often involves complex strategies, high-powered accountants, and the ability to legally dodge what most people consider a civic duty. The rich…

Your home is probably your biggest asset, so if you're getting a divorce, the stakes are high. Keep it? Sell it? You need to have a good plan in place for how to handle it.

In the grand theater of politics, much of the focus is placed on helping the middle class and uplifting the poor. Speeches are filled with promises of fairness, equality, and opportunity. But behind the curtains, there exists a series of policies that do the exact opposite.

Every year, millions of Americans dread the moment they have to deal with the Internal Revenue Service. Whether it’s filing taxes, managing an audit, or simply trying to make sense of deductions, the system feels deliberately confusing. While the IRS isn’t necessarily hiding secrets in a malicious way, there are…

Treasury secretary and former head of DOGE clashed in West Wing in April within earshot of Donald Trump in Oval Office

Tax season can feel overwhelming, but it’s also a golden opportunity to keep more of your hard-earned money. Every year, millions of Americans miss out on valuable tax deductions simply because they don’t know they exist or assume they don’t qualify. These overlooked tax deductions can add up to hundreds…

When most people hear “IRS,” their first reaction is a shiver down the spine. The Internal Revenue Service has a reputation for being intimidating, and for good reason—no one wants to get on the wrong side of a tax audit. But what if the IRS isn’t always the villain in…

Falling behind on taxes is more common than you might think, but it can feel overwhelming and isolating. Maybe life got busy, you lost track of deadlines, or you just didn’t know where to start. If you’re thinking, “I haven’t filed taxes in years,” you’re not alone and out of…

No one wants to see a letter from the IRS in their mailbox. An audit is a stressful and costly process for anyone. Many people wonder what triggers this dreaded attention. Surprisingly, your location can play a big role in your risk. Let’s explore the cities where IRS audits are…