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The Latest Breaking News from IRS

Yellen: IRS to reveal plan this week for spending $80 billion - Roll Call

Congress last year enacted the funding to crack down on tax cheats and make dealing with the agency smoother for taxpayers.

Roll Call

IRS extends filing deadline for some areas of the country

IRS extends deadline, in some cases, until the end of July.

Fortune

Millennial Money: Bank bonuses, interest may boost tax bill

If you earned a bank sign-up bonus or interest, you need to set aside some of it for taxes

The Independent UK

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You can't hide side hustles from the IRS anymore – here's what taxpayers need to know about reporting online payments for gig work

Do you rent out your home a few weekends a year through Airbnb? Sell stuff on Etsy? Get paid for pet-sitting? If you, like many Americans, make at least US$600 a year with a side hustle of any kind, the way you pay taxes may soon change.

The Conversation

Candidates lob attacks at one another in contentious 46th Ward runoff race

Angela Clay, a housing organizer, finished first on Feb. 28 with 36%, while Kim Walz, a Walgreens executive, received about 26%.

Chicago Sun-Times

Stricter EV Tax Credit Rules Begin April 18

New battery and critical mineral rules for the federal EV tax credit mean that fewer EVs will be eligible for the full $7,500 tax break.

Kiplinger

This Florida church is too political, IRS complaint says

ST. PETERSBURG, Fla. — Allendale United Methodist Church bills itself as a “social justice, anti-racist, LGBTQ affirming congregation of believers.” Its pastor, the Rev. Andy Oliver, has led the way, speaking out on inequality and perceived injustices behind and beyond the pulpit.

Tribune News Service

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Self-Employed? Understanding Your Taxes Now

If you launched a side hustle last year or began freelancing, filing your taxes will present new challenges. Here’s a guide to get you started.

Kiplinger

After Tornado, IRS Extends Tax Deadline for Mississippi

People impacted by the devastating Mississippi tornado have more time to file their federal tax returns.

Kiplinger

Brickbat: Dead Again

In 2018, Jaxen Dyson's father died. Despite having only a last name in common with his dad, the Social Security Administration declared Jaxen dead. It took her several months, but Jaxen's mother thought she'd cleared the matter up. She even got a letter from the Social Security Administration saying Jaxen…

Reason

Is Trump going to be arrested? Answers to questions about the former president’s legal troubles

Former President Donald Trump set an unenviable record while occupying the White House, becoming the first president to be impeached twice by the House of Representatives.

Los Angeles Times

Credit Suisse helped rich dodge taxes

"Republican budget cuts have decimated the IRS's ability to root out this kind of offshore tax evasion scheme"

Salon

TaxSlayer Classic 2023 (tax year 2022) review

TaxSlayer Classic covers all tax scenarios, but it’s not a good choice for crypto holders.

Tom’s Guide

IRS: Don't Trust All Social Media Tax Tips

The IRS warns that not all social media tax advice should be trusted.

Kiplinger

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Chicago Sun-Times

It’s Democratic establishment vs. progressives in two North Side ward runoffs

A housing organizer faces a Walgreens executive in the 46th Ward. In the 48th, a housing developer backed by the outgoing alderperson is running against a small business owner who would be the first Filipina on the City Council.

Fortune

How to get a bigger 2022 tax refund from the IRS

There are still a few moves you can make to maximize your federal income tax refund.

Marie Claire

An Expert's Last-Minute Tips for Filing Your Taxes

First: Don't panic.

Chicago Tribune

A last-minute guide to filing your 2022 return: EV credits, shrinking refunds and the end of pandemic tax relief

With weeks to go before the April 18 deadline, the majority of the nation’s 168 million tax filers are once again scrambling to download software, organize receipts and call their accountants for last-minute help.

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news in one place.

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TechRadar

Watch out — those IRS tax forms could actually just be malware

Two new malicious campaigns recently spotted impersonating IRS tax forms.

Kiplinger

Tired of Scam Text Messages? The FCC Cracks Down

New scam text message rules from the FCC require carriers to block texts from bad numbers and protect consumers.

Kiplinger

IRS Tax Deadline Extended for Some New Yorkers

Some taxpayers in New York now have more time to file their federal tax returns since the IRS extended the tax deadline.

Fortune

Here's the week's top metaverse and NFT news

The IRS said it's considering whether to tax non-fungible tokens as it does gems or artwork.

Boston Herald

Editorial: Would you trust the IRS to do your taxes?

When you’re a hammer, everything looks like a nail.

GamesRadar

Win a Turtle Beach Stealth Pro headset bundle including stand and case

We have two of Turtle Beach's latest premium wireless headset to give away

The Conversation

Who keeps the engagement ring after a breakup? 2 law professors explain why you might want a prenup for your diamond

When Jennifer Lopez and Ben Affleck got engaged the first time, in 2002, he gave her a very pricey ring. That engagement ring was reportedly worth as much as $2.5 million, made by luxury jeweler Harry Winston and adorned with a 6.1-carat pink diamond.

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