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The Latest Breaking News from IRS

Influential Lawyer Who Called for End to Trump Criminal Cases Indicted for Tax Evasion, Allegedly Owes Millions

A top Supreme Court lawyer has been indicted on federal tax evasion charges after he paid off hefty amounts of debt accrued from high-stakes poker games using money from his law firm.

Latin Times

IRS Commissioner Werfel To Resign, Trump Picks Replacement

IRS Commissioner Danny Werfel resigns, paving the way for a new leader as President-elect Trump takes office.

Top News

TikTok influencers threaten to not pay their taxes if the app gets banned

Tax experts warn TikTokers it’s ‘not legal’ to avoid paying their taxes.

Fortune

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Oklahoma Officials Engaged in Sexual Activities 'On City Property and On City Time': Audit Claims

A forensic audit in Oklahoma reveals extensive misconduct, including sexual activities on city property and financial mismanagement by former city officials.

Latin Times

Comparing The Dates of Tom Goldstein's SCOTUS Oral Arguments And The Dates In His Indictment

According to the government, Goldstein was very busy before and after his arguments at the Court.

Reason

“All you have to do is turn on the TV and you’re inundated by complete lies from people who are supposed to be running this country”: How distortion, chaos and a world gone mad shaped R.E.M.’s game-changing album Document album

On 1988’s Document album, ‘the thinking person’s rock band’ ditched the jangling guitars for distortion, power chords and arena rock singles

Louder

Scott Bessent Pledges To Keep IRS Direct File Program Open

Scott Bessent commits to maintaining IRS Direct File for 2025 tax season amidst criticism from House Republicans.

Top News

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Americans Who Moved Abroad Share What Things Are Scams In The US, Here Are The 45 Best Posts

Someone asked “What's the biggest scam in America?” and people shared their thoughts and comparisons. The post Americans Who Moved Abroad Share What Things Are Scams In The US, Here Are The 45 Best Posts first appeared on Bored Panda.

Bored Panda

New Tax Reporting Requirements For Crypto Transactions In 2025

Learn about the new IRS reporting requirements for crypto transactions in 2025 and how they impact individuals and ETF holders.

Top News

Trump’s Pitch for an ‘External Revenue Service’ Agency Attempts to Shroud Who Pays for Tariffs

Tariffs are paid by domestic importers, even though they are levied on foreign nations.

Kiplinger

Hegseth on Defense

Plus: Who's on deck for the next round of confirmation hearings, Trump wants to create a second IRS, Cuba is no longer doing terrorism, and more...

Reason

Trump Announces 'External Revenue Service' To Collect Tariffs And Foreign Revenue

"It is time for that to change. I am today announcing that I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come from Foreign sources," Trump wrote in a post.

International Business Times

IRS Reminds Small Businesses Of Upcoming Tax Deadline Extensions

IRS reminds small businesses in disaster-affected areas of varying tax deadlines in 2025.

Top News

Chime customers can file taxes for free on the app

Fintech company Chime thinks it has cracked the code for tax filing—by making the process easy, rewarding, and free.

Fortune

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news in one place.

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Kiplinger

House GOP Bill Aims to Abolish the IRS and Rewrite the Tax Code

The stability of the IRS is crumbling as the U.S. presidency changes hands.

International Business Times

One Million Americans Set To Receive IRS Stimulus Checks—Here's What To Know

Eligible taxpayers could receive up to a maximum of $1,400 from the IRS.

Top News

IRS Distributing .4 Billion In Unclaimed Stimulus Payments

IRS distributing .4 billion to taxpayers who missed COVID stimulus payments, providing up to IRS Distributing .4 Billion In Unclaimed Stimulus Payments,400 per individual. Claim your Recovery Rebate Credit to ...

The Independent UK

IRS is sending out automatic stimulus payments. Who is getting them?

The IRS it’s distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments

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news in one place.

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Fortune

IRS extends tax deadline for those affected by California wildfires

Citizens of Los Angeles affected by the wildfires no longer need to worry about filing their taxes by April 15.

International Business Times UK

Buddy Carter's Bill to Abolish IRS and Overhaul Tax Code Aims to Cut National Debt

US Rep. Buddy Carter's Fair Tax Act would help Americans save money by putting them in charge of their tax rate, reducing tax loopholes and the national debt, and mandating illegal immigrants to pay their fair share of taxes.

International Business Times

Tax Season Alert: Protect Yourself From Identity Theft Risks

A new IRS report highlights ongoing issues, including the agency's "unconscionable" delays in addressing identity theft cases.

Kiplinger

Three Steps to Simplify Paying Your Taxes in Retirement

Once you retire, how you pay some of your taxes can change. Here's how to get a handle on them so you don't run afoul of the IRS and face penalties.

Kiplinger

Ready to File Taxes? What to Do Before the IRS Starts Accepting Returns

Now is a good time to review your financial situation and prepare to file your 2024 federal income tax return.

Kiplinger

The IRS is Pursuing Partnerships and Their Owners

The IRS has many enforcement priorities, and partnership tax noncompliance is near the top of that list.

Top News

IRS Announces Jan. 27 Start Date For 2025 Tax Season

IRS announces 2025 tax season with enhanced services and Direct File program expansion. Stay informed about tax scams and filing updates.

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