The Latest Breaking News from IRS

At this very moment, numerous branches of the U.S. government are quietly holding onto detailed pieces of your life. From your birthday and Social Security number to your travel habits and financial transactions, it’s all stored somewhere in a government-run database.

The One Big Beautiful Bill Act's increase of the state and local tax (SALT) deduction cap creates an opportunity to use multiple non-grantor trusts to maximize deductions and enhance estate planning.

Members of this online group share 42 common myths they have to explain to people who aren't in the same professional field.

ICE wants to access confidential IRS data to locate tax-paying undocumented immigrants and boost detention numbers.

If you're in the market for a new car, you may be deciding if buying or leasing is your best option. Grant Cardone has one hard-and-fast rule he follows.

The Internal Revenue Service is quietly building a computer program that would let Immigration and Customs Enforcement pull taxpayer information on demand, giving deportation officers real‑time addresses and phone numbers for people with final removal orders, according to an internal blueprint reviewed by ProPublica.

A blockbuster career can come crashing down in a single flop. Whether the project bombs at the box office or blows through the budget, celebrities often lose more than their pride—they lose their paychecks, their rep, and sometimes their life savings. This isn’t gossip; it’s a harsh reality of showbiz…

Most people assume that once a loved one leaves them an inheritance, it’s locked in. But the truth is, you can legally lose your inheritance in several ways, without breaking a single law. From poor planning to bad financial habits, a windfall can disappear faster than you’d expect. Understanding how…

Churches play a vital role in communities, offering spiritual guidance, support networks, and often crucial social services. To sustain their operations and missions, many churches...

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.