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The Latest Breaking News from IRS

Beware: AI-Driven IRS Scam Calls Targeting Taxpayers Ahead of April 15 Deadline

As tax season approaches, the IRS warns of new scams targeting taxpayers. Learn how to protect yourself from fraudsters using fake emails, AI calls, and more.

International Business Times UK

The IRS Says It's Going to Levy My Bank Account for Taxes My Partner and I Owe, but I Didn't Even Know About the Debt. What Can I Do?

If the IRS is levying your assets for a spouse's errors, you aren't out of options. Here's how to separate your liability and protect your bank account from taxes you don't actually owe.

Kiplinger

I’m a CPA: 3 Questions Lower-Income Americans Should Ask Themselves Before Filing

Before you file taxes, see if you qualify for IRS Free File, tax credits or free help. These questions could help low-income filers with their tax return.

GOBankingRates

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I'm a CPA: This Is the High Earner's Guide to Winning Your 2026 Tax Season

Tracking activity as early as possible in the year will help you deal with rule changes and avoid last-minute moves when it's time to file your taxes.

Kiplinger

Tax Day Countdown: 4 Smart Moves To Make Before You Hit ‘Submit’

Before you hit “submit,” be sure to review your tax return for errors, missed credits, payment options and banking details to avoid penalties and delays.

GOBankingRates

I Asked a CPA Which Receipts Actually Matter — and Which Ones Don’t

Are all receipts are worth saving for your taxes? CPAs provide a framework for how to decide whether to keep a receipt for tax purposes or get rid of it.

GOBankingRates

IRS Pandemic Tax Refund — New Legal Twist Could Put Money Back In Your Pocket

A recent court ruling could mean millions are eligible for tax refunds on penalties paid during the COVID-19 pandemic. Learn how to check your eligibility and claim your refund.

International Business Times UK

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5 Reasons Your Tax Refund Might Be Delayed and How to Fix It

Is your IRS refund taking forever? From filing errors to identity verification, here are five reasons for a tax refund delay, and what you can do today.

Kiplinger

People Are Using AI to Find Bigger Tax Refunds: Here’s What the IRS Says

Viral posts claim AI chatbots can review a filed tax return and uncover missed refund money. Here’s what the technology can realistically do and when it may make sense to file an amended return.

Kiplinger

IRS may owe you a tax refund from the Covid pandemic — check to see if you’re eligible

‘Recent court decisions have created a significant, and largely overlooked, opportunity to secure substantial refunds,’ tax experts say

The Independent UK

I Asked ChatGPT How To Prepare for Tax Season in 30 Days — Here’s the Checklist

ChatGPT outlined a 30-day tax preparation plan covering documents, filing options, identity protection and final checks to help you file with confidence.

GOBankingRates

Trump administration to slash fee to renounce US citizenship from $2,350 to $450

White House will take a financial loss to make it easier for Americans to walk away from citizenship starting in April

The Guardian - US

830K US Taxpayers Receive IRS Refund Delay Notice for Paper Check Requests

Close to a million US taxpayers received CP53E tax notices about refund delays of up to 6 weeks for paper check requests. They have 30 days to update banking details via online IRS account to expedite refunds.

International Business Times UK

‘No, we didn’t’: DOGE staffers admit Elon Musk’s cost-cutting agency failed to reduce the federal deficit

At DOGE’s inception, Musk claimed the advisory could slash $2 trillion from the U.S. federal budget.

Fortune

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The Free Financial Advisor

The $19,000 Power Play: How to Shrink Your Taxable Estate Before the Government Takes Half

The IRS does not send friendly reminders. Oh no, it sends tax bills instead. And when it comes to estates, it can grab nearly half of your hard-earned assets if no planning exists. Yet Americans who know the rules can legally shrink their taxable estate with smart, surprisingly simple moves.…

Everybody Loves Your Money

The $19,000 Gift Rule: How Families Transfer Money Tax-Free

Money moves through families every day, but very few people understand the simple rule that allows thousands of dollars to change hands without triggering federal gift taxes. That rule currently sits at $19,000 per person, per year, and it quietly plays a powerful role in how families build wealth across…

International Business Times UK

IRS Refund Alert: Court Ruling Opens Door for Pandemic-Era Tax Refunds Until 2026

A recent court decision may allow millions of Americans to claim IRS refunds for penalties and interest charged during the pandemic. Learn how to check your eligibility and file a claim before the 2026 deadline.

Saving Advice

4 OBBBA Provisions Most Tax Preparers Are Missing This Season

Tax season always brings its share of headaches — especially when a major tax law overhaul like the One Big Beautiful Bill Act (OBBBA) changes...

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The Independent UK

Taxpayers warned over ‘deluge’ of tax return thefts - the warning sign that you’ve been targeted

If someone has already used your social security number to file a tax return before you, it's important to let the IRS know

Saving Advice

New IRS MATH Act: What It Means for Error Notices and Your Right to Challenge Them

Tax time is stressful for many Americans. In fact, more than half of the people living in the United States find filing their taxes to...

Everybody Loves Your Money

10 Retirement Tax Mistakes That Could Cost You Thousands

Retirement is supposed to be all about freedom, right? It’s not intended to be a financial obstacle course filled with hidden traps. Yet, one wrong move on taxes can turn decades of careful saving into a scramble to keep money from slipping through the cracks. Mistakes in retirement taxes don’t…

GOBankingRates

Accountant Warning: New Tax Breaks on Tips, Overtime, Car Loans Aren’t as Simple as Promised

New tax breaks for tips, overtime pay and car loans come with strict limits that could leave many Americans out this tax season.

Everybody Loves Your Money

5 Ways Parents Can Give Kids Money Tax-Free in 2026

Money makes the world go round, and in 2026, parents have some serious options to hand it over to their kids without the IRS knocking on the door. The idea of giving kids cash without taxes sounds like magic, but it’s fully legal and surprisingly straightforward once the rules are…

The Free Financial Advisor

How to Inherit an IRA Without Handing Half of It to the Government

A massive retirement account should be a gift, not a tax ambush. Yet the moment someone inherits an IRA, a complicated set of tax rules storms the room and demands attention. The government does not quietly wait in the background while that money grows. Tax law places a timer on…

Saving Advice

The “Dirty Dozen” 2026: 12 Tax Scams Currently Targeting American Retirees

Tax season already creates enough stress, but scammers see it as the perfect opportunity to strike. Every year, the Internal Revenue Service releases its “Dirty...

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