The Latest Breaking News from IRS

When someone passes away, their loved ones expect to inherit what’s left behind. But the reality is often more complicated. Legal loopholes can eat away at inheritances, leaving heirs with far less than they expected. These loopholes aren’t always obvious. Sometimes, they’re buried in the fine print or hidden in…

Are you a parent? The so-called ‘One Big Beautiful Bill’ (OBBB) impacts several key tax incentives that can affect your family this year and beyond.

There’s a powerful pull behind the word “free.” It feels like a gift, a reward, or a lucky break, especially for seniors trying to stretch...

Money advice is everywhere. You see it on social media, hear it from friends, and read it in emails. Some of it sounds great—easy fixes, quick wins, or “guaranteed” results. But not every financial promise is safe. In fact, some can land you in legal trouble. If you’re not careful,…

If you're making one of these seven common tax planning mistakes -- and many people are -- you could face higher tax bills or missed opportunities come 2026.

There are a variety of ways to get wealthy and stay wealthy. However, not all methods are just about having a high-earning job. In fact, many wealthy people are super skilled at using all the tax...

Tax rules change all the time. What worked last year might not work this year. If you’re still following old tax advice, you could be missing out or even making mistakes. The tax code for 2025 looks different from what you might remember. Some tips that used to save you…

He rescued it from peeling-paint hell, restored it after the headstock snapped off, but was never fully happy with the psychedelic Gibson. Then a fan offered a happily-ever-after solution

If you're a cryptocurrency investor, you might soon hear from Uncle Sam in the form of an IRS letter detailing your tax obligations. Read Next: 13 Cheap Cryptocurrencies With the Highest Potential...

Churches and other houses of worship can endorse political candidates without risking the loss of their tax-exempt status, the Internal Revenue Service said in a legal document the tax-collection agency filed on July 7, 2025. This guidance is at odds with a law Congress passed more than 70 years ago…

Which EVs qualify for the federal tax credit? When is the program ending? All your burning questions, answered.