The Latest Breaking News from IRS

Tax season can feel like a relief when you finally hit “submit” and see that refund on the way. But what if that refund gets reversed? It happens more often than you might think, and the reason is usually simple: beneficiary errors. These mistakes can cost you time, money, and…

In this week's Ask the Editor Q&A, we answer tax questions from readers on four new tax deductions in the "One Big Beautiful Bill."

Attorney General Pam Bondi issued guidance to federal agencies earlier this month requiring them to plan for compliance with President Donald Trump’s executive order naming English as the country’s official language

A woman from Montana called into “The Ramsey Show” with a story that left hosts Dave Ramsey and Rachel Cruze shocked and frustrated. She’s a nurse who had maintained a steady career while her husband pursued real estate full time. In 2021, they earned enough money that they owed $82,000…

Capital gains taxes are back in the spotlight. This time, the chatter on Capitol Hill has to do with rising home prices.

A woman named Mary from Charlotte, North Carolina, called into a recent episode of “The Ramsey Show,” hosted by George Kamel and Ken Coleman, to explain how her husband’s fringe beliefs nearly destroyed their finances, and may still ruin their future.

Transferring money between bank accounts seems simple. But some bank transfers can create tax problems that never go away. Many people don’t realize that a single transfer can trigger IRS scrutiny, penalties, or even criminal charges. If you’re not careful, you could end up with a permanent tax issue that…

The tax code is changing again, and if you’re filing for 2025, Trump’s ‘big beautiful’ bill could mean a bigger refund next year, a smaller one, or something in between. Here are five ways the new law could impact your bottom line.

Property title transfers often feel like straightforward real estate procedures—but some can suddenly catch the eye of federal regulators. Whether due to tax, anti-money laundering laws, or mortgage clauses, certain transfers trigger more attention than others. Understanding the triggers helps you stay compliant and avoid costly surprises. Let’s explore 8…