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The Latest Breaking News from IRS

Why the 2026 tax filing Deadline actually matters for U.S. taxpayers

The tax filing Deadline affects more than penalties. Learn how Tax Filing timing impacts refunds, payments, extensions, and IRS processing for U.S. taxpayers.

inkl

OpenAI has deleted the word ‘safely’ from its mission – and its new structure is a test for whether AI serves society or shareholders

OpenAI, the maker of the most popular AI chatbot, used to say it aimed to build artificial intelligence that “safely benefits humanity, unconstrained by a need to generate financial return,” mission statement. But the ChatGPT maker seems to no longer have the same emphasis on doing so “safely.”

The Conversation

The “Ghost Refund” Issue: Why Thousands are Seeing IRS Deposits for $0 Today

Many taxpayers recently noticed a strange phenomenon in their bank accounts. They expected a full tax refund but instead found a pending deposit from the IRS for exactly $0. This ghost refund has sparked confusion across social media and financial forums. While seeing a zero-dollar transaction looks alarming, it is…

Budget and the Bees

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read the most diverse news in one place.

9 Tax Deductions That Quietly Trigger IRS Review for Side Hustlers

If you’re a side hustler, freelancer, or gig economy wizard, you already know that tax season can feel like walking a tightrope over a pit of angry paperwork. Claiming deductions isn’t just about trimming your tax bill—it’s about survival, sanity, and sometimes, the thrill of seeing your numbers line up…

Clever Dude

Trump’s $10 billion lawsuit against the IRS just led to the introduction of the ‘Stop Presidential Embezzlement Act’

They see a massive conflict of interest.

We Got This Covered

The “Household Worker” Rule: When Paying Caregivers in Cash Can Trigger IRS Problems

Many families hire help under the table, viewing the cash payments to a cleaner, nanny, or senior caregiver as a private arrangement. However, the IRS...

Saving Advice

The Venmo Privacy Setting That Can Trigger Unwanted Tax Reporting

Venmo feels like the digital equivalent of tossing a few bills to a friend across a table. It’s fast, casual, and so woven into everyday life that most people barely think about it as “financial infrastructure.” But under the hood, Venmo is also a payment processor that plays by the…

The Free Financial Advisor

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IRS audit 2026: What happens after you’re selected and your next steps

‘Tackle it quickly. Meet their deadlines,’ one expert said

The Independent UK

8 Tax Write-Offs That Are Instant Red Flags for 2026

Taxes are one of the few things in life that can feel both boring and terrifying at the same time, which is a wild combo when you think about it. Everyone loves the idea of a big write-off, but not every deduction is the financial win it looks like on…

Clever Dude

Creator of world-first brain chip says technology is at a ‘tipping point’

Professor John Donoghue, who created the first brain chip called BrainGate, has won the Queen Elizabeth Prize for engineering

The Independent UK

Why 'Locking' Your Social Security Number Is the New Credit Freeze

Here is how to keep your Social Security number private in an age of aggressive cybercriminals.

Kiplinger

7 Reasons Your Tax Refund Might Be Smaller in 2026 — and How To Fix It

Income changes, multiple jobs, kids aging out, unpaid debts and investment gains can shrink your 2026 tax refund. Here's how to fix it before you file.

GOBankingRates

How Much You’d Take Home Making $250K a Year If Trump Eliminates Income Taxes

President Donald Trump has proposed the elimination of the federal income tax. But what would that mean for your take-home pay if you make $250,000.

GOBankingRates

A privacy breach at the IRS: Taxpayer data wrongly shared with DHS, court filing says

The IRS has erroneously shared the taxpayer information of thousands of people with the Department of Homeland Security, according to a new court filing

The Independent UK

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The Independent UK

How Mexican cartels employ drones as tools to smuggle drugs and fight enemies

The temporary closure of airspace over El Paso, Texas has caused unease south of the U.S. border and put the spotlight on the use of drones by Mexican cartels

Saving Advice

The “Check Fraud” Spike: 8 Ways Seniors Get Drained After Mailing One Bill

The simple act of mailing a check to pay a utility bill has become one of the most dangerous financial behaviors for seniors in 2026....

The Independent UK

Five reasons hiring an accountant could save you money on taxes

Tax season is in full swing, and the Internal Revenue Service estimates that U.S. taxpayers will file around 164 million individual federal returns.

The Free Financial Advisor

IRS 1099-K Rules in 2026: Who Must Report Payments This Year

The IRS has been adjusting the 1099-K reporting rules for years, and 2026 was shaping up to be the moment when everything changed. After delays, phased rollouts, and more confusion than anyone asked for, this was the year when millions of Americans were going to make major tax changes. Whether…

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news in one place.

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GOBankingRates

New Retirement Limits in 2026: Strategies To Max Out Even on a Middle-Class Income

Find out how a middle-class worker with five-figure pay can max out a five-figure retirement fund.

Budget and the Bees

IRS Direct Deposit Alert: Why Your Bank Info Could Trigger an Automatic Refund Freeze

You’ve done the hard work and filed your taxes early. Now, you are already mentally spending that refund check. But then weeks go by, and the “Where’s My Refund” portal shows a mysterious delay. For thousands of taxpayers, the culprit is not a mistake on the return. Instead, a subtle…

Saving Advice

The “Withholding Reset”: Why Some Seniors Should Update Their W-4 to Stop IRS Over-Withholding in February

February is the month when many retirees open their first full pension or annuity checks of the year, only to find the net amount is...

GOBankingRates

How To Adjust Your W-4 To Lower Your Tax Refund Next Year

If you'd rather have extra cash in your monthly paycheck to crush debt or invest, it's time to stop overpaying Uncle Sam and take control of your Form W-4.

Saving Advice

The $1,000 “Trump Account” Pilot: Who Qualifies and How Families Can Claim the Benefit

If you’ve seen headlines about a $1,000 government-funded account for kids and wondered if it’s real, it is—and the details matter. The new Trump Account...

GOBankingRates

Filing 2025 Taxes? Here’s the Social Security Threshold To Watch For in 2026

Experts explained the importance of understanding how Social Security is taxed and how to stay ahead of income changes, even in retirement.

GOBankingRates

I’m a Tax Preparer: No. 1 Filing Mistake I See That Wipes Out Refunds

GOBankingRates consulted a tax accountant to learn about the filing mistake that could cost people their refunds and reduce their 2026 refunds.

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