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The Latest Breaking News from IRS

The Saver’s Credit: The Little‑Known IRS Rule That Pays Workers to Save for Retirement

If you’ve ever felt like saving for retirement is all sacrifice and no reward, the Saver’s Credit changes that equation instantly. This little-known tax break...

Saving Advice

The April 15 IRS Trap: Why Your Refund Could Be Redirected to State Debt This Year

Tax season usually brings a sense of relief for those expecting a substantial check from the government. You have likely already planned how to use that money to catch up on bills or treat your kids. However, many taxpayers are walking into a financial ambush this April. The government has…

Budget and the Bees

6 Big Ways ChatGPT Can Help With Your 2026 Tax Filing

From organizing documents to explaining deductions and IRS forms, ChatGPT can help guide stressed filers through tax prep as the April 15 deadline nears.

GOBankingRates

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3 Tax Filing Watch-Outs If You Sold Any Investments in 2025

Here are three things to watch out for if you sold any investments in 2025.

GOBankingRates

I Asked ChatGPT If I Can Get the Same Tax Deductions as the Rich — Here’s What It Said

Here's what ChatGPT had to say on whether the average American can get the same tax deductions as the rich.

GOBankingRates

Refunds Are Being Frozen Over Missing Bank Details — And Some Filers Won’t Get Paid for Weeks

Imagine this: you’ve filed your taxes, you’re expecting that sweet refund you’ve been dreaming about, and then… crickets. No deposit, no email, no update — just silence. It turns out that one tiny step many people skip (or mess up) — putting correct bank account details on their tax return…

The Free Financial Advisor

Hidden IRS Rule: Embryo Adoption Qualifies for the Full Federal Adoption Tax Credit

Adoption is expensive—often costing families tens of thousands of dollars before a child even comes home. That’s why the federal adoption tax credit exists: to...

Saving Advice

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5 Warning Signs Someone Is Using Your Social Security Number

When it comes to identity theft, damage builds quietly, often hiding in plain sight while accounts shift, numbers change, and red flags stack up. One small clue can signal something much bigger, and ignoring that clue can turn a manageable issue into a full-blown financial nightmare. The reality feels uncomfortable,…

The Free Financial Advisor

I Asked ChatGPT When Is the Best Time for Retirees To Take RMDs — Here’s What It Said

Many retirees put off thinking about their required minimum distributions (RMDs), but you really should figure out the best time sooner than later.

GOBankingRates

Ask the Editor, March 27: Questions on the Tax Filing Season

In this week's Ask the Editor Q&A, Joy Taylor answers questions on the IRS and how the 2026 tax filing season is going so far.

Kiplinger

The IRS Medical Pool Deduction: How a Doctor’s Note Can Turn a Swimming Pool Into a Tax Write‑Off

As the summer approaches and things start to heat up, many people are looking at having pools installed or getting theirs up and running before...

Saving Advice

Most Americans Don’t Know the IRS Will Reimburse Them for Identity‑Theft Costs — Here’s How It Works

Around 1 in 5 people in America have experienced identity theft in their lifetime. And, in 2023, identity fraud resulted in approximately $43 billion in...

Saving Advice

The IRS Is Down 27% in Staff — Your Tax Refund Could Take Months, Not Weeks

The IRS is experiencing a severe staffing shortage, leading to potential delays in tax refunds and customer service challenges. Learn how this impacts taxpayers.

International Business Times UK

Tax Tips: How to Use Your Side Hustle to Write Off Car Fees

Working as a rideshare driver for such companies as Lyft or Uber can be a great way to earn extra cash as a side hustle. In addition to making your own hours (and quick bucks), being a rideshare driver also comes with an extra benefit that’s easy to overlook: tax…

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Everybody Loves Your Money

6 IRS Letters You Should Never Ignore—Some Can Trigger Penalties or Immediate Action

There’s nothing casual about a letter from the IRS. Some envelopes carry routine updates, sure, but others arrive with the kind of urgency that can shift finances fast and leave zero room for procrastination. These notices don’t whisper—they signal action, deadlines, and consequences that only grow louder when ignored. Every…

The Free Financial Advisor

The IRS Is Sending More “Math Error” Notices — Why You Could Owe Without Realizing It

A letter from the IRS doesn’t need flashing red lights to feel urgent, and lately, more of those letters arrive stamped with a deceptively simple phrase: “math error.” That label sounds harmless, almost like a quick fix, but it often carries a financial sting that catches people off guard. The…

GOBankingRates

I Asked ChatGPT What To Do If You’re Expecting a Smaller Tax Refund in 2026 — Here’s What It Said

With ever-changing tax laws, I decided to ask ChatGPT what to do if you're expecting a smaller-than-normal tax refund.

The Independent UK

Post office set to add 8% surcharge on packages in first-ever fuel fee

While new for USPS, fuel surcharges are common in shipping, with FedEx and UPS recently raising fees as Middle East tensions drive up oil prices

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Everybody Loves Your Money

Oregon’s Kicker Check 2026: Why Some Residents May Wait—and What Could Delay Your Rebate

Oregon does not do boring tax seasons. While most states quietly process refunds and move on, Oregon drops a financial plot twist that grabs attention every single time. The kicker rebate returns with serious energy in 2026, promising hefty checks for eligible residents and stirring up plenty of questions along…

The Free Financial Advisor

7 Financial Transactions That Could Be Reported Without You Realizing It

We all know that money moves faster than gossip, and some of your financial transactions might already be under the microscope without you even knowing. Every swipe, transfer, and deposit has the potential to catch the attention of regulators, banks, or the IRS. Most people think only massive transfers ring…

GOBankingRates

Here’s What To Do If You Can’t Pay Your Tax Bill, According to an Expert

Owe taxes this year and can’t pay? One expert explains IRS payment plans, hardship options and mistakes to avoid if you’re stuck with a tax bill this year.

The Free Financial Advisor

Refunds Are Being Delayed Over New IRS Identity Flags — Why More Returns Are Getting Pulled

The clock starts ticking the moment a tax return gets filed, and for millions of people, that ticking feels louder than ever this year. Refunds that usually show up like clockwork now stall without warning, leaving bank accounts in limbo and patience wearing thin. The culprit does not come down…

Kiplinger

All That Glitters Is Usually Taxable: Gold and Silver Tax Rules

Profits from selling physical gold and silver, and even some precious metal funds, are taxed differently from other investments.

Fortune

Americans spend $146 billion and 11.6 billion hours doing their taxes, and most of it is just filling out paperwork

There are more than 10,000 forms you have to sort through to file your taxes, and the fear of going to jail over a mistake has never been higher.

Axios

Republican Sen. Rick Scott sues Booz Allen Hamilton over leaked tax returns

Scott's tax returns were leaked by an IRS contractor working through the firm.

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