Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from IRS

The Costly Retirement Mistake Many Americans Keep Making and Why It Happens Again and Again

US retirees and heirs of retirement accounts like 401(k)s and IRAs often make this year-end mistake that costs them IRS tax penalties of up to 25%.

International Business Times UK

Over 50 and Earning Over $150,000? New Law Forces 401(k) Catch-Ups into Roth Accounts

New 2026 IRS rule requires American workers over 50 earning above $150,000 to direct 401(k) catch-up contributions into Roth accounts, removing the traditional pretax deduction worth thousands annually.

International Business Times UK

The January 14th ‘Net-Zero’ Deposit: Why Your First 2026 Social Security Check May Arrive With a $0.00 Raise

If you were expecting a bigger Social Security check on January 14, 2026, you’re not alone. Everyone assumed the cost-of-living adjustment (COLA) for 2026 would bump up their payments starting in January. However, you might be surprised to find out that your deposit looks suspiciously identical to December’s, despite the…

Clever Dude

From analysis to the latest developments in health,
read the most diverse news in one place.

IRS Alert: Why Selling on Facebook Marketplace in 2026 Could Trigger a Surprise Tax Bill

That dusty treadmill in your garage, the designer bag you barely used, the gaming console your kids abandoned two years ago—turns out they might be plotting against you.

Clever Dude

Schedule 1-A Alert: How to Claim the $6,000 “OBBB” Deduction on Your 2026 Return

If you’ve seen chatter about a “new $6,000 deduction” and a mysterious extra schedule, it’s not just internet noise. The IRS created an enhanced deduction...

Saving Advice

Medi-Cal’s $130K Asset Trap: Why Your January Bank Balance Could Stop Your Coverage

If you are a California senior who has spent the last two years breathing a sigh of relief regarding your healthcare eligibility, that peace of...

Saving Advice

The $6,000 Secret: How the OBBB Act Wipes Out Taxes for 88% of Seniors This Month

If you are 65 or older, you are likely losing exactly $500 per month in potential cash flow right now—money that belongs to you, not...

Saving Advice

Read news from The Economist, FT, and more,
with one subscription

5 Medicaid Look-Back Traps Families Need to Know

If your family is beginning to discuss long-term care for a loved one, the phrase “Medicaid look-back 2026” needs to be at the top of...

Saving Advice

10 Tax Mistakes Solo Entrepreneurs Make Before Their First Big Paycheck

So, you’re finally doing it. You’ve got the LLC papers, the shiny new logo, and you’re grinding toward that first massive client check. It feels amazing, right? But here’s the cold reality: the IRS is already your silent business partner, and they have very specific expectations for how you handle…

Thousandaire

How To Handle the New 401(k) Rule That Goes Into Effect in 2026

High earners don't need to overhaul their investment strategy, but should revisit their retirement plan to understand how this rule might reshape their taxes.

GOBankingRates

Are These 8 “Easy Money” Scams Quietly Targeting Self-Employed Americans?

The dream of being your own boss has never been more popular, but sometimes that independence comes with a target on your back. As more individuals become self-employed, scammers are refining their tactics. Today, they are exploiting the specific vulnerabilities of freelancers, consultants, and gig workers. From high-tech “phantom” invoices…

Thousandaire

The Dirty Dozen Effect: 9 Tax-Season Scams That Target People Who “Do Everything Right”

There is a specific kind of anxiety that comes with tax season. You gather your receipts, you double-check your W-2s, and you pray you didn’t miss a checkbox that will trigger an audit. Scammers know this. In fact, they rely on it. While we often think of fraud victims as…

Budget and the Bees

Ask the Editor, January 9: How to Get Ready for Tax Filing Season

In this week's Ask the Editor Q&A, Joy Taylor answers questions on the IRS tax filing season and your 2025 tax return

Kiplinger

Tax Preparers Warn: This Side Income Mistake Triggers Extra Scrutiny

Like most people these days, I have a side gig. The so-called gig economy is booming, from weekend Instacart runs to late-night Etsy sales. However, tax preparers are warning that there are some mistakes that may trigger an audit from the IRS. If you’re like my wife, being audited is…

Clever Dude

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Tax filing season begins Jan 26 and you might want the head start due to changes this year

Several provisions in the law retroactively affect the 2025 tax year

International Business Times UK

IRS Tax Deadline Looms: 'You Could Owe Thousands If You Miss January 15,' Experts Warn

The IRS deadline is 15 January. Missed payments can lead to penalties and interest—stay on top of your 2025 estimated taxes to avoid extra costs.

GOBankingRates

5 Best Money Habits for Boomers To Carry Into 2026

Several experts share some top financial habits baby boomers should maintain in 2026 to protect their retirement savings and boost financial security.

Saving Advice

Are You Missing Out on New Deductions That Could Lower Your Retirement Taxes?

A lot of people enter retirement thinking their taxes will automatically drop, then get surprised by how quickly income streams stack up. Pensions, Social Security,...

Get all your
news in one place.

100's of premium titles.
One news app.

Kiplinger

Are You Afraid of an IRS Audit? 8 Ways to Beat Tax Audit Anxiety

Tax audit anxiety is like a wild beast. Here’s how you can help tame it.

Saving Advice

Gold IRAs Explained: The Safe Retirement Strategy Wall Street Doesn’t Want You to Know

Retirement used to mean stability, but today’s markets tell a different story. Inflation, rising interest rates, and unpredictable stock swings have left many retirees feeling...

Clever Dude

IRS Officials Say This “Normal” Deduction Raises Audit Risk in 2026

The home office deduction has long been a favorite among freelancers, remote workers, and small business owners. Hey, I’ve been able to claim a home office deduction for several years now after turning to remote work in 2020. But in 2026, IRS officials are doubling down on enforcement, citing widespread…

International Business Times UK

Retirees Lose Up to $1.7B Annually to IRS Penalties for Making This Year-End Mistake

Retirees face IRS penalties of up to 25% if they fail to take required minimum distributions from pretax investment accounts at age 73.

Saving Advice

9 Tax Rules Seniors Should Check Before Filing in April

Filing taxes can feel simple until one retirement form, one distribution, or one benefit statement changes the whole return. The good news is most “surprise”...

The Guardian - US

The government probably took too much of your paycheck this year – here’s how to get it back

Trump’s tax bill carved out several areas for tipped workers and older adults, among others, to lower their tax bills

Kiplinger

7 Tax Blunders to Avoid in Your First Year of Retirement, From a Seasoned Financial Planner

A business-as-usual approach to taxes in the first year of retirement can lead to silly trip-ups that erode your nest egg. Here are seven common goofs to avoid.

1 … 23 24 25 26

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Wall Street Journal

the Social Security Administration

The Kiplinger Tax Letter

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.