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The Latest Breaking News from IRS

Tax Refund Tips To Turn Windfall Into A Financial Win

If there's a upside to tax season, it's getting a tax refund from the IRS. The key is turning using the windfall wisely.

Investors Business Daily

The IRS plan to expose data on undocumented workers threatens nearly $100 billion in tax collections

For years, many immigrants have filed taxes in hopes of gaining legal status. Now “it’s increasingly looking like that act of hope will be used against them,” said one expert.

Fortune

Revocable Living Trusts: The Good, the Bad and the Ugly

People are conditioned to believe they should avoid probate at all costs, but when compared with living trusts, probate could be a smart choice for some folks.

Kiplinger

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Organizations Sue ICE, DHS To Prevent IRS From Sharing Immigrants' Personal Data To Enforce Crackdown

Centro de Trabajadores Unidos and Immigrant Solidarity Dupage are suing to prevent the IRS from disclosing tax returns to immigration enforcement officials

Latin Times

Expat US Tax: Navigating The Worst US Tax Problems Facing US Citizens In Australia

Expat US Tax helps Americans in Australia navigate complex IRS pitfalls, avoiding hefty fines and double taxation with expert strategies for SMSFs, trusts and businesses.

International Business Times

The Ultimate Expat-Focused Online Tax Software For Americans Around The Globe

A self-prep tax software, TopTax ensures hassle-free experience and ultimately helps expats stay compliant with both US and international tax laws.

International Business Times

Trump offers timeline on DOGE cuts after firing chaos

DOGE has fired at least 24,000 probationary federal employees so far

The Independent UK

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Get TurboTax for Up to 30% Off at the Amazon Big Spring Sale

Do your taxes for less thanks to this Amazon Big Spring Sale deal on TurboTax software.

Kiplinger

IRS Layoffs Spark Delays, Doubt This Tax Season

Tax experts say Trump’s downsizing of the IRS is already causing problems.

Kiplinger

What Retirees Need to Know About Taxes

Take steps to avoid a surprise tax bill and underpayment penalties.

Kiplinger

Charitable Contributions: Five Frequently Asked Questions

Make the most of your good intentions by understanding the ins and outs of charitable giving. A good starting point is knowing what's deductible and what isn't.

Kiplinger

Experts Warn of Steep Fiscal Consequences If IRS Agrees To Share Immigrants' Personal Data With DHS

The IRS may soon share personal data of undocumented migrants to DHS, a move that could discourage the groups from filing taxes, experts warn.

Latin Times

Alarming IRS Forecast Reveals A $500B Collapse In Revenue, Threatening US Financial Stability

Lower IRS collections this tax season due to workforce downsizing and dynamic taxpayer behaviour could increase the risks of the US Treasury being unable to repay bills on time and in full by June unless Congress hikes the debt ceiling.

International Business Times

Alarming IRS Forecast Reveals a $500B Collapse in Revenue, Threatening US Financial Stability

International Business Times UK

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The Independent UK

Federal workers describe dire conditions as they return to office, including BYO toilet paper and bringing garbage home

Federal workers are being forced to work in the office five days per week in consolidated office space with understaffed cleaning crews and dwindling office supplies

Kiplinger

10 Best High-Yield Savings Accounts to Grow Your Tax Refund

If you're getting a tax refund this year and want to grow it, here are the best high-yield savings accounts to make it happen.

Kiplinger

TurboTax Review: Features, Pricing and Filing Options for This Tax Season

Is TurboTax worth it? Explore the pros, cons, pricing tiers and standout features of this popular tax software to see if it fits your filing needs.

Fortune

The IRS could collect $500 billion less in tax revenue, report says, and the US may run out of cash in a few months without a debt-ceiling hike

An expected 10% revenue decline is due to changes in taxpayer behavior and President Donald Trump's cuts to the IRS, according to The Washington Post.

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The Independent UK

Tax season is a prime time for scams. IRS uncertainty could add to the issues this year

There’s a lot of information (and money) on the table during tax season

The Guardian - UK

First Thing: Greenland PM accuses Trump of interference before visit by US delegation

Experts say US president’s expansionism is threatening rules-based global order in place since 1945. Plus, measles cases already higher than in all of 2024

The Guardian - US

Trump news at a glance: reports of IRS data deal spark fears for undocumented migrant workers

Possible shift in taxpayer data use aligns with more aggressive Trump immigration policies – key US politics stories from Sunday at a glance

The Independent UK

‘Chilling effect on free speech’: Trump wants green card applicants already legally in the US to hand over social media profiles

USCIS said the vetting of social media accounts is necessary for “the enhanced identity verification, vetting and national security screening.” Critics say it crushes free speech

Latin Times

ICE Nearing Deal With IRS to Get Addresses of Suspected Undocumented Migrants: Report

The Internal Revenue Service and U.S. Immigration and Customs Enforcement (ICE) are working on an agreement under which the IRS would use the tax data of people suspected of being in the country illegally in order to authenticate names and addresses.

The Guardian - US

IRS nears deal with Ice to share data of undocumented immigrants – report

Immigration officials could give names and addresses, raising concerns about Trump administration’s abuse of power

Tom’s Guide

AI-powered tax scams are here - how to stay safe from deepfakes, phishing and more this tax season

Tax season is almost here and this year there have been warnings about new AI-powered scams in addition to phishing and impersonation attacks.

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