The Latest Breaking News from IRS

It’s tempting to view your 401(k) as a financial safety net during tough times, but tapping into it too early can turn into a costly regret. Many Americans make a 401(k) withdrawal mistake without realizing how severe the tax consequences can be until it’s too late. Between early withdrawal penalties,…

Every spring, millions of Americans eagerly await their tax refunds. For some, receiving a big check from the IRS feels like a financial windfall. It’s common to hear people brag about getting thousands back at tax time, treating it as a reward for a year of hard work. But is…

Conventional wisdom dictates that you save in a 401(k) now and pay taxes later, but turning that rule on its head could leave you far better off. A financial planner explains why.

‘We believe in the federalist system — that’s states’ rights,’ Oklahoma’s Gov. Kevin Stitt told The New York Times

Priscilla Presley is sued by former business partners over allegations of hiding $25 million in jewellery from the IRS — Presley strongly denies all claims.

Ex-wife of Elvis Presley has been locked in a bitter legal battle with her former business partners

The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and easing bracket creep for most filers, while the 37% top rate still applies at higher incomes.

The Internal Revenue Service announced changes to over 60 tax provisions that are expected to save Americans more money for the tax year 2026.

The Internal Revenue Service announced changes to over 60 tax provisions that are expected to save Americans more money for the tax year 2026.

If your paycheck feels smaller lately, you’re not alone. Workers are noticing lower take-home pay even when salaries haven’t changed. Between tax adjustments, benefit deductions, and new contribution limits, pay stubs are more complicated than ever. Employers rarely explain each line clearly, leaving many guessing where their money goes. Here’s…

The Internal Revenue Service on Thursday released inflation adjustments for dozens of tax provisions for 2026, alongside changes required by the One Big Beautiful Bill Act, lifting the standard deduction and shifting income thresholds that determine tax bills.