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The Latest Breaking News from IRS

Trump’s Latest Pitch: No Taxes If You Earn Less Than $150K?

The Trump administration reportedly wants to eliminate taxes for certain earners.

Kiplinger

Who invented the March Madness bracket? Staten Island bar and Kentucky postal worker stake claims

Trying to prove the real inventor of the March Madness pool seems about as implausible as picking a perfect bracket

The Independent UK

Most Americans Disapprove Of Trump's Performance, Majority Have 'Very Negative' View Of Elon Musk: Poll

A new poll revealed that more than half of American voters disapprove of President Trump's performance – more U.S. voters are also becoming weary of Elon Musk, who has been advising the president on government downsizing.

International Business Times

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DOGE Proposes Cutting IRS Workforce by 20% During Height of Tax Season

The Trump administration is looking to further reduce the IRS' workforce by another 6,800 by May 15, just one month after Tax Day.

Latin Times

Taking $200 Out of an ATM Should Not Trigger Federal Financial Surveillance

No, not even if you do it in a county that borders Mexico.

Reason

Hundreds of federal offices could begin closing this summer at DOGE's behest, internal records show

Elon Musk's Department of Government Efficiency is listing all the federal real estate leases it is ending, but new records obtained by The Associated Press show when those cancellations are expected to take effect

The Independent UK

IRS swaps chief counsel for a lawyer friendly with DOGE, AP sources say

The Internal Revenue Service’s acting chief counsel, William Paul, has been removed from his role at the agency and replaced by Andrew De Mello, an attorney in the chief counsel’s office who is deemed supportive of Elon Musk’s Department of Government Efficiency, according to two people familiar with the plans…

The Independent UK

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Everything's Computer

Plus: "Is any criticism of the government a deportable offense?" and more...

Reason

Reductions in force: A look at which agencies are affected by DOGE-led job cuts

The deep cuts across federal agencies since Donald Trump’s return to the White House include reductions in force, which mean not only layoffs but also elimination of positions altogether

The Independent UK

Five Roth IRA Pitfalls Your Adviser May Not Tell You About

Heffalump traps may be imaginary, but Roth IRA pitfalls are very real. They could upend your retirement if you're unaware of them.

Kiplinger

Former Tiesto lawyer jailed for hiding millions in taxes argues Dutch DJ should pay money back

Frank Butselaar is being told by prosecutors to pay over $19m

The Independent UK

The IRS Bleeds

Plus: Ceasefire talks, J.D. Vance as the future of the GOP, the government's war on treehouses, and more...

Reason

Didn't Receive $1,400 Stimulus Cheque From IRS? Here's How To Know If You Still Qualiify

Millions may still be eligible for the $1,400 (£1085.98) stimulus payment from 2021 through the Recovery Rebate Credit.

International Business Times

Didn't Receive The $1,400 Stimulus Cheque From IRS? Here's How To Know If You Still Qualify

Millions may still be eligible for the £1085.98 ($1,400) stimulus payment from 2021 through the Recovery Rebate Credit.

International Business Times UK

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news in one place.

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International Business Times

Weather Agency Plans Firing 1,000 Employees, VA Layoffs May Begin In June Amid Democratic Outcry

The NOAA is reportedly planning to lay off over a thousand personnel after it already fired 1,300 workers, and the VA is looking to pursue its plan of laying off some 80,000 workers as early as June.

The Independent UK

Unions ask court to stop DOGE from accessing Social Security data of millions of Americans

A group of labor unions are asking a federal court for an emergency order to stop Elon Musk’s Department of Government Efficiency from accessing the sensitive Social Security data of millions of Americans

Reason

Yes, We Should End Taxes on Tips

Taxing tips generates practically no revenue, burdens workers, and fuels pointless IRS audits.

Bored Panda

“Zero Regrets”: 13 Savage Ways People Got Revenge On Their Bosses Before Leaving The Job

Bad managers are abundant. The post “Zero Regrets”: 13 Savage Ways People Got Revenge On Their Bosses Before Leaving The Job first appeared on Bored Panda.

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news in one place.

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The Conversation

How 18F transformed government technology − and why its elimination matters

Healthcare.gov, the government health insurance marketplace website, launched in October 2013 only to buckle under the weight of just 2,000 simultaneous users. As millions of Americans stared at error messages and frozen screens, a political crisis unfolded, but so did a new era of government technology.

Latin Times

Trump Admin Pressures IRS to Hand Over 700,000 Addresses of Immigrants to be Deported

Department of Homeland Security directed the Internal Revenue Service to turn over the addresses of roughly 700,000 immigrants it is seeking to deport.

Latin Times

Trump Admin Planning to Fire Over 70,000 From Veterans Affairs, Internal Memo Reveals: Report

The Trump administration is planning a major workforce reduction at the VA, potentially cutting more than 70,000 employees, according to an internal memo.

The Independent UK

Good news: Latest data shows you might get a bigger tax refund this year

The average time between filing and receiving a tax return is 21 days, according to an analysis of this year’s tax data

Latin Times

Warren Buffet Compares Trump's Tariffs on Mexico and Canada to 'An Act of War'

Buffett has previously expressed concerns about tariffs, opposing Trump's trade proposals during the 2016 campaign, when he called them "a very bad idea"

The Independent UK

Hollywood’s go-to celebrity tattoo artist pleads guilty to not reporting over $600,000 to the IRS

‘Winter admitted in court today that he knew he was required to report all his income but wilfully lied about it on his tax returns’, stated the DOJ

Fortune

Americans have the ‘tax scaries’—but good news is waiting as the average refund goes up 7.5%

Tax season brings 1 in 3 Americans to tears, but with IRS data indicating above-average refunds, the stress might be worth it.

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