The Latest Breaking News from IRS

For many senior citizens, a call or email from a government agency like the Social Security Administration or the IRS commands immediate attention and respect. Scammers know this, and they are exploiting that trust in a wave of sophisticated new attacks. These modern government-impersonation scams have moved beyond simple phone…

Staying on top of your finances is tough, especially as the year winds down. The holidays, travel, and last-minute expenses can distract anyone. But missing key deadlines or forgetting about certain rules can cost you. Some financial penalties only show up late in the year, and they can hit your…

Many retirees assume that once they’ve started receiving Social Security benefits, the amount will remain the same regardless of their financial situation. But in reality,...

As you approach retirement, one of the most important financial decisions you may face is what to do with your life insurance policy. For many...

Millions of Americans are set to receive a $1,390 stimulus payment from the IRS, with eligibility based on income and filing status. Here's who qualifies and when the money could arrive.

Fidelity shares 6 smart summer tax strategies to help you save money, reduce your bill and prep for year-end—don’t miss these seasonal moves.

For many seniors, tax season brings the hope of reducing taxable income through valuable deductions. One of the biggest potential breaks is the senior deduction, which can significantly lower your tax bill if you qualify. But what many retirees don’t realize is that certain income rules can cause them to…

A CPA breaks down 4 smart ways the middle class can benefit from the Big Beautiful Bill—maximize savings, credits and long-term financial wins.

Editor’s Note: This story has been updated to include a comment from an IRS spokesperson.