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The Latest Breaking News from IRS

Tax Payments Reversed: Why Some Filers Are Getting “Failed Transaction” Notices

Tax season delivers enough drama on its own, but nothing raises eyebrows faster than a payment that vanishes after it supposedly went through. One moment shows a successful tax payment, the next flashes a “failed transaction” notice like a digital plot twist nobody asked for. That kind of whiplash grabs…

The Free Financial Advisor

6 Signs Your Tax Situation Has Gotten Too Complicated for You To Self-File

Self-filing can backfire if your taxes are complex. Here are six signs it may be time to hire a professional and avoid costly tax mistakes. Find out more.

GOBankingRates

I’m a CPA: Here Are the Biggest Surprises I’m Seeing as I File My Clients’ 2025 Returns

A CPA reveals the biggest tax surprises showing up on 2025 returns, from refund changes to deductions clients didn’t expect.

GOBankingRates

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I’m a CPA: 3 Tax Changes Middle-Class Filers Should Watch Out for This Year

Here are a few tax updates worth checking before you file, especially for middle-class taxpayers.

GOBankingRates

The Average Gen X 401(k) Balance Kind of Bites

Gen X, the first generation to rely on 401(k)s to build and grow a nest egg, is nearing retirement. There's a hefty shortfall between the "magic number" for retiring and Gen X savings.

Kiplinger

April 15 IRS Warning: Late Filers Face Penalties Up to 25% of Unpaid Tax — Seniors Hit Hardest

If you miss the April 15 tax deadline, the consequences can add up fast—and many Americans underestimate just how severe they can be. The IRS...

Saving Advice

The Safest Way To Pass on Generational Wealth

Learn the safest estate planning strategy to pass on generational wealth while minimizing taxes, protecting heirs and avoiding common inheritance mistakes.

GOBankingRates

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I’m a CPA: 3 Tax Deductions My Clients Are Often Surprised They Qualify For

Here are a few deductions you may be surprised that you qualify for, according to experts.

GOBankingRates

Millions Are Missing This IRS Credit in 2026 — Are You One of Them?

The tax system doesn’t reward laziness, but it absolutely rewards attention. Every year, billions of dollars sit untouched, waiting for people who never realize they qualify for them. That money doesn’t disappear into thin air—it stays right there, unclaimed, while everyday people file their taxes and move on without it.…

Everybody Loves Your Money

4 Tax Mistakes Seniors Make That Could Trigger an IRS Audit

Here are four tax mistakes seniors should avoid making in the hopes of not getting flagged for an IRS audit.

GOBankingRates

I used Gemini to find 7 overlooked tax write-offs — these are the ones that can help you save money

I asked Google Gemini to mention seven of the most overlooked tax write-offs—the ones it brought to my attention could be very beneficial for many U.S. taxpayers

Tom’s Guide

I Asked ChatGPT Which Lesser-Known Tax Breaks Seniors Can Use To Maximize Refunds

If you're looking for lesser-known tax breaks you can use to maximize your refund, you're in good company. GOBankingRates asked ChatGPT this very question.

GOBankingRates

5 Tax Questions To Ask Before Filing If You Freelanced Even a Little in 2025

Did you do any gig or freelance work in 2025? Learn how 1099 income, deductions and self-employment tax can affect your IRS filing. Here's what to know.

GOBankingRates

Don't Let Low Tax Rates Lull You Into the Torpedo Zone: If You Have $1M to $3M in Tax-Deferred Savings, You Could Be Looking at Brutal Tax Bills in the Future

The Social Security provisional income threshold can create a "tax torpedo" for disciplined savers, raising your effective marginal tax rate to 40.7% or more.

Kiplinger

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Kiplinger

Don't Defer Retirement if You're a Landlord, Defer Taxes Instead

A millionaire couple spent 30 years building a real estate empire — and nearly handed a million dollars of it to the IRS before discovering an exit strategy.

The Texas Tribune

Texas judge rejects push to let churches make political endorsements

A group of Texas churches and the IRS agreed to nix the Johnson Amendment, which prohibits nonprofits from endorsing candidates. A Trump-appointed judge said no.

International Business Times UK

Filing Taxes Last Minute? Read This Before You Hit Submit

Avoid common tax filing mistakes and ensure a smooth refund process by double-checking your return before the April 15 deadline. Learn how to prevent errors with expert tips on filing status, Social Security numbers, income reporting, and more.

GOBankingRates

I Asked ChatGPT Which Tax Mistakes Seniors Make That Can Trigger an IRS Audit — Here’s What It Said

Unfortunately, some common tax mistakes seniors make can trigger an IRS audit. Here's what they are, according to ChatGPT.

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news in one place.

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GOBankingRates

5 Tax Credits and Deductions for Every Income Level

Here are five tax credits and deductions that can help maximize your tax savings or your refund, regardless of your income bracket.

Kiplinger

6 Ways to Make the Most of Your 2026 Tax Refund

With record amounts expected to be returned to taxpayers this year, having a plan for the money in advance is key.

International Business Times UK

Millions Hit with IRS Penalties After Following Viral Tax Advice

The IRS warns taxpayers about the dangers of following viral tax hacks on social media, which could lead to audits, penalties, and missed legitimate credits.

GOBankingRates

4 Tax Breaks and Write-Offs Homebuyers Who Bought in 2025 Should Know

Here are four tax breaks and write-offs homebuyers who bought property last year should know about.

The Free Financial Advisor

Still Haven’t Received Your Refund? Why Some Filers Are Waiting Longer Than Ever

The waiting game has officially become the most frustrating sport of the year. Tax season always promises quick turnarounds and smooth deposits, yet a growing number of filers keep refreshing their bank apps with zero results. The expectation feels simple: file taxes, get refund, move on. Reality, though, looks far…

GOBankingRates

I Asked ChatGPT How Much the Top 1% Would Pay If Taxed at the Same Effective Rate as the Lower 75%

ChatGPT revealed what would happen if the top 1% paid taxes at the same rate as lower earners. The answer isn't what most people expect about tax fairness.

GOBankingRates

I’m a CPA: 4 Tax Credits Parents Often Overlook

If you're a parent, don't forget to check if you qualify for these tax credits.

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