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The Latest Breaking News from IRS

IRS 1099-K Threshold for 2025 Taxes Just Changed: What to Know Now

After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds have changed since last year.

Kiplinger

IRS Relief Payment 2025 Explained: How Much You'll Get, Who's Eligible, and What's Actually Real

Find out the truth behind the IRS Relief Payment 2025 — how much you could get, who's eligible, and what's really happening with IRS payments.

International Business Times UK

IRS Names Its First CEO: But He’s Also Still Running Social Security

Will this new role make it difficult to address emerging issues like budget and staffing cuts and customer service concerns?

Kiplinger

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

Why Many Seniors Underestimate Their Tax Bills After Retirement

Many retirees expect lower taxes once they stop working—but that assumption often backfires. Retirement income isn’t as tax-free as people think. Social Security, pensions, withdrawals,...

Saving Advice

You're High-Net-Worth: Should Your Retirement Savings Be in a Swiss Bank?

Swiss banks have long been a haven for the wealthy. Here's how to safeguard your retirement account in a Swiss bank — and whether you should.

Kiplinger

What the Government Shutdown Means to Retirees

Depending upon how long it lasts, a government shutdown can impact your daily life, including seeing family, managing your health, and enjoying your free time.

Kiplinger

Social Security chief to be IRS CEO

Treasury Secretary Scott Bessent will remain acting commissioner.

Axios

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This Tax Confusion Could Be Costing You Money — a CFP Explains How To Fix It

Tax credits cut your bill, deductions shrink your income. Learn the key difference so you don’t leave money on the table during tax season.

GOBankingRates

Here’s How Stock Losses Can Boost Your Tax Refund

You can use capital losses to offset gains, reduce taxable income and boost refunds. Learn smart tax strategies like harvesting and carrying forward losses.

GOBankingRates

Short Circuit: An Inexhaustive Weekly Compendium of Rulings from the Federal Courts of Appeal

Qualified privileges, unequal conspiracies, and a file in hand.

Reason

Ask the Editor, October 3: Tax Questions on the Charitable Deduction

In this week's Ask the Editor Q&A, we answer reader questions on the charitable deduction.

Kiplinger

The Justice Department's Targeting of George Soros Is a Serious Scandal

Just as it was a scandal when the IRS under Obama allegedly targeted Tea Party groups.

Reason

'I Remember Being Right Where You Are': Dave Ramsey Warns Caller That His $1 Million Debt Can Destroy His Marriage

When John, from North Carolina, called into "The Ramsey Show," he revealed that he and his wife were facing nearly $1 million in debt after closing down his business. A mix of loans, IRS taxes, credit cards, and a mortgage left the couple overwhelmed — and worried about their financial…

Benzinga

What Happens to Your Money in a Government Shutdown?

From benefit checks to IRS delays, here’s what could affect your wallet if the government shuts down.

Kiplinger

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news in one place.

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Saving Advice

The First Few Weeks Without a Pension Check — And The Hidden Ripple Effect

When the pension stops, the silence is louder than you expect. After years of dependable deposits, retirees often underestimate how quickly the absence of a...

Saving Advice

The Quiet Shift in Tax Laws That Could Make Your Inheritance Smaller Than Expected

Many families assume their heirs will inherit assets tax-free, but recent and upcoming law changes may quietly shrink those windfalls. The combination of sunset provisions,...

Saving Advice

Could an Outdated Will Expose Your Family to Double Taxation?

Many people write a will once and forget it—but outdated documents can trigger costly surprises for heirs. Changing tax laws, asset values, and estate thresholds...

Kiplinger

New Tax Rules: Income the IRS Won’t Touch in 2025

From financial gifts to Roth withdrawal rules, here’s what income stays tax-free under the new Trump 2025 tax bill, and some information on what’s changed.

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news in one place.

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Everybody Loves Your Money

Could An Innocent Gift Land You in Financial Trouble?

Imagine this: you’re celebrating a birthday, anniversary, or holiday, and you pick out a thoughtful gift. The wrapping paper glistens, the bow sits perfectly, and your friend or partner lights up with joy as they tear it open. Everyone’s happy—until weeks later, you get slapped with a surprise credit card…

Kiplinger

Here's a list of federal tax deductions and credits that you can't claim in the 2026 tax year. High-income earners could also get hit by a "surprise" tax bill.

The Independent UK

Worship leader Sean Feucht mismanaged millions in ministry funds, former associates say

Worship leader Sean Feucht's meteoric rise to prominence began in 2020 during the pandemic

GOBankingRates

5 Bad Money Habits That Quickly Leave People Broke

These bad money habits, from tax mistakes to lifestyle creep, could drain your finances fast. Here’s what financial advisors want you to know.

Kiplinger

Five Ways to Cash In On the $6,000 'Senior Bonus' Deduction

Taxpayers age 65 and older might be able to benefit from a $6,000 'senior bonus' deduction in the next four tax years. Here are five ways to make it pay.

Benzinga

Elon Musk's Tesla Urges Buyers To Lock In Orders Before September 30 $7,500 EV Credit Cutoff

Tesla Inc. (NASDAQ: TSLA) has urged customers to lock in purchases ahead of the September 30 deadline for the Federal EV credit to avail the incentive, as Q3 deliveries look poised to exceed analyst estimates.

GOBankingRates

11 Things Retirees Can Do for Their Finances Before the End of the Year

Now’s the time to meet with a tax professional.

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