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The Latest Breaking News from IRS

Thousands Of Probationary Employees Fired As Trump Administration Directs For Widespread Layoffs

Probationary employees across several federal health agencies were notified of their termination through identical letters.

International Business Times

IRS will lay off thousands of probationary workers in the middle of tax season

The IRS will lay off thousands of probationary workers in the middle of tax season, according to two sources familiar with the agency’s plans, and cuts could come as soon as next week

The Independent UK

Why You Should Take Extra Care With Your Tax Return

You can minimize your tax bill and avoid unwanted attention from the IRS by watching out for common errors and oversights.

Kiplinger

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DOGE being at the IRS could delay your tax refund, Democrat senator says

Gavin Kliger, 25, reportedly visited the tax-collection agency’s District of Columbia offices to examine its systems

The Independent UK

Government Spending Expert Highlights Entitlement Program Fat

Government spending expert James Agresti exposes inefficiencies and fraud in entitlement programs, advocating for stricter oversight and accountability.

Top News

Are You a 'Midwestern Millionaire'? Four Retirement Strategies

Midwestern Millionaires might not live in the Midwest, but they share a saver's mindset. These strategies are for those who have saved $1 million or more.

Kiplinger

4 surprising deductions that could save you thousands on your taxes this year

From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.

Fortune

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DOGE Team Evaluates IRS For Efficiency

Elon Musk's team evaluates IRS operations, causing unease among staff. No compromise of sensitive information.

Top News

Trump: Elon Musk Barred From New Government Contracts With Conflicts

President Trump sets restrictions on Elon Musk's government contracts to prevent conflicts of interest. Musk assures transparency. DOGE team's work on IRS ...

Top News

House Ways & Means Chair Calls For IRS Overhaul

House Ways & Means Committee Chair Jason Smith pushes for IRS reform and accountability amid allegations of misconduct and weaponization.

Top News

Evangelical education nearly ruined me. Now the Christian right is coming for public schools

From Bible stories to the Ten Commandments, public schools are starting to look a lot like the fundamentalist system I escaped

The Guardian - US

Could ERC Delays Get Worse if Trump Downsizes the IRS?

The Trump administration’s push to shave down the IRS can impact taxpayers like you.

Kiplinger

IRS Tax Refund Schedule 2026: When Will Your Refund Arrive?

Here's how to check your IRS tax refund status and when you can expect your federal refund.

Kiplinger

IRS Tax Refunds Are $1,000 Smaller This Year: Here's Why

Kiplinger

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Reason

'All Hell Is Going To Break Out' in Israel

Plus: OpenAI vs. Musk, Eric Adams corruption charges dropped, and more...

Latin Times

Kristi Noem Wants IRS Agents to Help Deport Migrants Out of US

The Department of Homeland Security asked the Treasury Secretary to deputize IRS criminal investigators to assist in immigration enforcement

Top News

Department Of Homeland Security Seeks IRS Help For Immigration Enforcement

The Department of Homeland Security requests IRS assistance in immigration enforcement efforts to enhance national security and border control.

Kiplinger

Six Risks of Delaware Statutory Trusts in 1031 Exchanges

Here's how proper preparation can help you successfully navigate these DST risks, from market uncertainties to structural limitations.

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Fortune

It’s tax time, and that means you might be receiving new or unfamiliar IRS 1099 tax forms. Our guide explains them all.

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different 1099 forms used to report income to the IRS.

The Independent UK

Smart money! Nearly half of Americans trust AI to do their taxes over a trained human

‘It is harder to do something like tax filing because it’s something distracting from the other things they are doing’

Kiplinger

Ten IRS Audit Red Flags for Self-Employed Individuals

Taxpayers who file Schedule C with their Form 1040 have a greater chance of an IRS audit

The Guardian - US

Why does the US have it in for gig workers?

There are 64 million freelancers and there’s no way the IRS or Department of Labor can track them – but they try

Salon

Can't pay your taxes? Here's what to do

While it’s tempting to avoid your tax bill, that will make your situation much worse

Fortune

Did you earn a bonus on a new bank account last year? That’s taxable income

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you should expect to pay taxes on that, too.

Fortune

Wondering how soon you’ll receive your tax refund? We’ll show you how to check on the status of your refund.

Most taxpayers can expect to receive their refund in a matter of weeks. We’ll show you how you can check up on the status of your tax refund.

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