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The Latest Breaking News from IRS

Trump calls ABC News ‘fake’ and ‘the worst,’ clashes with reporter when asked about $10 billion lawsuit

President Trump labeled ABC News 'fake' and 'the worst' while attacking correspondent Karen Travers during an executive order signing. He refused to answer her question about his $10 billion lawsuit against the IRS and Treasury, which alleges a failure to prevent the leak of his tax records.

The Times of India

Trump lashes into female ABC News reporter with new insult when pressed on $10 billion IRS lawsuit

‘You’re a loud person,’ the president sneered on Friday at ABC News’ Karen Travers. ‘Very loud. Let somebody else have a chance.’

The Independent UK

Trump hits out at ‘loud’ female reporter grilling him on IRS lawsuit

Donald Trump admonished a female reporter who asked him why he is suing the Internal Revenue Service (IRS).

The Independent UK

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Trump sues his own administration for $10 billion after one former contractor’s actions caused ‘public embarrassment’

The tax returns are still haunting him.

We Got This Covered

First Thing: Democrats agree deal to avoid shutdown but demand DHS bill include reforms to ‘rein in ICE’

Agreement spins off Department of Homeland Security spending bill as Democrats demand changes to immigration enforcement. Plus, US leads global surge in gas-fired power

The Guardian - UK

Trump sues IRS, Treasury Department over alleged tax return leaks

Trump says the leaks have caused "reputational and financial harm" and "public embarrassment."

Axios

Trump sues IRS and Treasury Department for $10BN over leak of his tax returns

It is highly unusual for a president to sue their own administration, but Trump has pursued similar tactics in the past

The Independent UK

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Where is my tax refund? Here’s why it might be coming later this year

Tax refunds are issued when an individual has paid more tax throughout the year than they ultimately owe, often due to withholding

The Independent UK

7 “New” Bank Policies That Quietly Limit How Much You Can Move

You used to move your money with a level of freedom that felt like a fundamental right. You earned it, you deposited it, and whether you wanted to withdraw cash for a car or wire funds for a house, the transaction was simple. In 2026, the landscape has shifted toward…

Budget and the Bees

Don't Overpay the IRS: 6 Tax Mistakes That Could Be Raising Your Bill

Is your income tax bill bigger than expected? Here's how you should prepare for next year.

Kiplinger

6 Things Crypto Investors Often Forget To Plan for Until Tax Season

Investing in cryptocurrency adds another layer to tax preparation. Smart investors should be planning throughout the year for any tax ramifications related to the sale of crypto investments. But it's...

GOBankingRates

The Tax Breaks You Assume Exist — That Don’t Anymore

Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.

GOBankingRates

The Killing of Alex Pretti Is a Reminder That All State Laws Are Backed Up by Violence

If enforcing a law isn't worth killing someone over, it probably shouldn't be a law.

Reason

9 Things to Check If Your Benefits Deposit Doesn’t Show Up

You log in to your banking app, expecting to see your deposit. The balance hasn’t moved. The panic sets in immediately. Did the IRS forget you? Did Social Security miss a cycle?

Budget and the Bees

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Budget and the Bees

10 Deductions That Sound Safe—But Get Returns Flagged

We all want to pay zero taxes. It is the American dream. But in the age of automated scoring systems, the line between “aggressive tax planning” and “audit trigger” is razor-thin. The IRS’s sophisticated algorithms don’t just look for fraud; they look for anomalies.

Budget and the Bees

7 Times the IRS Can Hold Your Refund Without Telling You Right Away

You filed on time. Then, the “Accepted” notification arrived. You already spent the money in your head. But the date comes and goes, and the mailbox is empty. The scary part? The IRS doesn’t have to call you the day they freeze your refund. In fact, under current IRS procedures,…

The Independent UK

IRS faces stiff challenges in 2026 tax season due to workforce cuts and new laws, a watchdog says

The national taxpayer advocate says the 2026 tax filing season is likely to face significant challenges due to IRS workforce reductions and complex tax law changes

Budget and the Bees

8 Reasons Your Refund Amount Shrunk This Year (Even If You Earned the Same)

You open the envelope or check the banking app, and your heart sinks. The number isn’t what you expected. In fact, it is significantly lower than last year, even though your salary didn’t change. You aren’t imagining things; the math of the tax code shifted beneath your feet this year.

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news in one place.

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GOBankingRates

4 Tax Deductions Side Gig Workers Can’t Afford To Miss

Here are four tax deductions side gig workers can't afford to miss when they file their taxes and some important tax tips.

International Business Times UK

The Biggest Trade Deals of 2026 That Cut the US Out—And Why Your Job and Prices Could Feel It

New trade pacts between Europe, India, Canada, and China bypass the US, reshaping jobs, supply chains, and the prices families pay every day.

International Business Times UK

Anthropic Co-Founders Pledge to Donate 80% of Wealth as AI Risks Mount

Anthropic CEO Dario Amodei and co-founders pledge to donate 80% of their wealth, warning that powerful AI poses serious risks to society and democracy.

International Business Times UK

Budweiser Super Bowl Commercial Is Aimed at People Who Stopped Buying It — Are You One of Them?

Budweiser's Super Bowl commercial leans on heritage and a back-to-basics, populist tone to reconnect with everyday US beer drinkers.

International Business Times UK

Trump's One Big Beautiful Bill Boosts $1000 Refund Rush – Treasury Braces for Record Payouts

US taxpayers face a record-breaking refund season as Trump's retroactive tax cuts trigger an £80 billion windfall, though a reduced IRS workforce struggles to cope.

International Business Times

NovaDerm and Solidaris Capital: How Selective Narratives Obscure Regulatory Evasion and Charitable Tax Misuse

Solidaris markets itself as a socially responsible investment platform promising large deductions, but public records and whistleblower reports reveal significant operational discrepancies.

Budget and the Bees

7 Signs Your Tax Refund is Being Held Up by the New 2026 IRS Protocols

The 2026 tax filing season officially kicked off this week, and while the IRS promises speed, their upgraded automated protocols are silently catching millions of returns in a digital net. The agency has enhanced its flagging systems to detect inconsistencies in real-time. This isn’t the IRS of ten years ago…

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