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The Latest Breaking News from IRS

What to Do If You Miss a Tax Deadline: Steps for Small Business Owners | Shammas Tax

Tax deadlines can sneak up on even the most organized business owners. With the daily responsibilities of running a business, it’s easy to lose track of dates—especially during busy seasons.

inkl

DeFi Broker Rule Repealed: Trump Becomes First US President To Sign Crypto Bill Into Law

Trump has once again proven that he is pro-crypto as he signed a bill into law that overturns a Biden-era IRS rule that would have required DeFi platforms to provide the same tax reporting requirements as traditional brokers do.

International Business Times

IRS Head Resigns Following Controversial ICE Data-Sharing Agreement

IRS Acting Commissioner Melanie Krause resigns following controversy over a deal allowing ICE access to taxpayer data for deportation efforts.

International Business Times

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Social Security lists thousands of living immigrants as dead to prompt them to leave, AP sources say

The Trump administration has moved to classify more than 6,000 living immigrants as dead

The Independent UK

Maximize your tax return with these tips

Half of Americans reported receiving less this year — but there are steps you can take to maximize your return

Salon

Trump Plans to Terminate IRS Direct File program

Direct File was piloted last year in 12 states and has since expanded to 25. But some wonder whether the program will last under the Trump administration.

Kiplinger

Death of five children during gruelling hospital trek blamed on Trump’s ‘America First’ aid cuts

Charity hits out at ‘decisions made by powerful people in other countries that have led to child deaths’

The Independent UK

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IRS chief resigns after Trump administration strikes deal to share undocumented taxpayer data

‘Backroom deal’ could hand taxpayer data to ICE agents as part of Trump’s deportation blitz

The Independent UK

IRS Chief Set to Resign on Heels of Data Sharing Deal With ICE Is Third Leader to Step Down This Year

IRS Acting Commissioner Melanie Krause, who was appointed in February, is set to resign from her post after the agency reached a controversial agreement to share immigrants' tax data with ICE

Latin Times

Thousands of Obamacare Users May Owe Money at Tax Time, Officials Warn

Thousands of Obamacare users may face unexpected tax bills due to fraudulent enrollments and potential premium changes this tax season.

International Business Times

Mar-a-Lago to get $1.8 million in ‘security enhancements’ as DOGE takes a chainsaw to government spending

Exclusive: The taxpayer-funded upgrades come while spending on education and public health is gutted and entire federal agencies are eliminated by Donald Trump and “First Buddy” Elon Musk

The Independent UK

Ron DeSantis' Wife Under Scrutiny Over Undisclosed $10 Million State Settlement That Went To Her Foundation

Florida's First Lady Casey DeSantis' Hope Florida charity received $10 million in state settlement money, which was not publicly disclosed at the time.

Latin Times

IRS agrees to share tax information of undocumented immigrants with Ice

Agreement between IRS and DHS will give unprecedented access to immigration enforcers to aid in deportations

The Guardian - US

Internal Revenue Service agrees to send immigrant tax data to ICE for enforcement

The Internal Revenue Service has agreed to share immigrants’ tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting people illegally in the U.S. That's according to a document signed by Treasury Secretary Scott Bessent and Department of Homeland Security Secretary Kristi Noem

The Independent UK

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The Independent UK

DOGE policies, massive fumbles causing tech crashes across agencies

Agencies like Social Security considering further cuts to IT staff

TechRadar

DOGE planning “hackathon” to build a “mega API” for accessing all IRS and taxpayer data

DOGE reportedly wants to streamline access to sensitive IRS data with a new “mega API”.

International Business Times

Elon Musk's DOGE: Alleged IRS 'Hackathon' Plans Unveiled, Reports Claim It Is Coming Next Week

The Department of Government Efficiency is reportedly planning a hackathon against the IRS come next week.

TechRadar

Look out for tax-themed scams this month, Microsoft warns

Social engineering attacks are taking advantage of US tax day.

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news in one place.

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Kiplinger

What to Do With Your Tax Refund: 6 Ways to Bring Growth

Use your 2024 tax refund to boost short-term or long-term financial goals by putting it in one of these six places.

The Independent UK

IRS plans to cut up to 25% of staff, starting with closing its civil rights office, AP sources say

The IRS plans to cut as many as 20,000 staffers as part of layoffs that began Friday

Kiplinger

How Caregivers for Adults Can Save on Taxes in 2025

Caring for your parent or spouse can be stressful, but the IRS offers tax breaks for qualifying taxpayers. Here they are.

The Conversation

From business exports to veteran care − here’s what some of the 35,000 federal workers in the Philadelphia region do

Layoffs of federal employees and cutbacks to federal agencies have direct consequences for the Philadelphia area.

Fortune

The April 15 tax deadline is approaching fast. Here is what you need to know

Make sure you know about the free software options and new reporting rules for income from sites like eBay and Etsy.

Kiplinger

Taxpayer Revolt? Why More People Are Avoiding Filing Taxes This Year

It may be tempting to skip filing due to the overwhelmed IRS, but doing so could have financial and legal consequences.

The Independent UK

In recruiting battle, lawmakers weigh whether to give college athletes a tax break on NIL earnings

At least four states are considering giving college athletes tax breaks on endorsement income

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