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The Latest Breaking News from IRS

From business exports to veteran care − here’s what some of the 35,000 federal workers in the Philadelphia region do

Layoffs of federal employees and cutbacks to federal agencies have direct consequences for the Philadelphia area.

The Conversation

The April 15 tax deadline is approaching fast. Here is what you need to know

Make sure you know about the free software options and new reporting rules for income from sites like eBay and Etsy.

Fortune

Taxpayer Revolt? Why More People Are Avoiding Filing Taxes This Year

It may be tempting to skip filing due to the overwhelmed IRS, but doing so could have financial and legal consequences.

Kiplinger

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

In recruiting battle, lawmakers weigh whether to give college athletes a tax break on NIL earnings

At least four states are considering giving college athletes tax breaks on endorsement income

The Independent UK

Elon Musk Claims Democrats Are Using IRS Refund 'Fraud Payments' to 'Attract and Retain Illegal Immigrants in the USA'

Elon Musk has accused the Democratic Party of using fraudulent IRS refund payments as a tool to attract and retain illegal immigrants in the United States.

Latin Times

April RMD? Five Tax Strategies to Manage Your 2025 Income

The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.

Kiplinger

The True Cost of Owning a Second Home: What to Consider Before You Buy A Vacation Home

What to consider before buying a vacation home, including mortgages, insurance, taxes, and upkeep.

Kiplinger

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DOGE cuts will ‘in all probability’ increase the U.S. deficit — by a lot: report

The grant, contract and budget cuts in federal agencies, along with the crippling reductions of tens of thousands of government jobs, will “in all probability” end up increasing (by a lot), rather than decreasing the nation’s deficit, which has been the stated intent, notes a new report.

The Independent UK

IRS crime fighting arm announces modernization program as financial crimes use more tech

With technology and AI increasingly used to perpetrate illegal acts, the IRS’ crime fighting arm is announcing a new program intended to improve how it interacts with financial institutions

The Independent UK

Ask the Editor: Reader Questions, March 28 — Tax Returns

Ask the Editor: Taxes, March 28, 2025 — Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on filing tax returns and paying taxes.

Kiplinger

The IRS plan to expose data on undocumented workers threatens nearly $100 billion in tax collections

For years, many immigrants have filed taxes in hopes of gaining legal status. Now “it’s increasingly looking like that act of hope will be used against them,” said one expert.

Fortune

Revocable Living Trusts: The Good, the Bad and the Ugly

People are conditioned to believe they should avoid probate at all costs, but when compared with living trusts, probate could be a smart choice for some folks.

Kiplinger

Organizations Sue ICE, DHS To Prevent IRS From Sharing Immigrants' Personal Data To Enforce Crackdown

Centro de Trabajadores Unidos and Immigrant Solidarity Dupage are suing to prevent the IRS from disclosing tax returns to immigration enforcement officials

Latin Times

Expat US Tax: Navigating The Worst US Tax Problems Facing US Citizens In Australia

Expat US Tax helps Americans in Australia navigate complex IRS pitfalls, avoiding hefty fines and double taxation with expert strategies for SMSFs, trusts and businesses.

International Business Times

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International Business Times

The Ultimate Expat-Focused Online Tax Software For Americans Around The Globe

A self-prep tax software, TopTax ensures hassle-free experience and ultimately helps expats stay compliant with both US and international tax laws.

The Independent UK

Trump offers timeline on DOGE cuts after firing chaos

DOGE has fired at least 24,000 probationary federal employees so far

Kiplinger

Get TurboTax for Up to 30% Off at the Amazon Big Spring Sale

Do your taxes for less thanks to this Amazon Big Spring Sale deal on TurboTax software.

Kiplinger

IRS Layoffs Spark Delays, Doubt This Tax Season

Tax experts say Trump’s downsizing of the IRS is already causing problems.

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Kiplinger

What Retirees Need to Know About Taxes

Take steps to avoid a surprise tax bill and underpayment penalties.

Kiplinger

Charitable Contributions: Five Frequently Asked Questions

Make the most of your good intentions by understanding the ins and outs of charitable giving. A good starting point is knowing what's deductible and what isn't.

Latin Times

Experts Warn of Steep Fiscal Consequences If IRS Agrees To Share Immigrants' Personal Data With DHS

The IRS may soon share personal data of undocumented migrants to DHS, a move that could discourage the groups from filing taxes, experts warn.

International Business Times

Alarming IRS Forecast Reveals A $500B Collapse In Revenue, Threatening US Financial Stability

Lower IRS collections this tax season due to workforce downsizing and dynamic taxpayer behaviour could increase the risks of the US Treasury being unable to repay bills on time and in full by June unless Congress hikes the debt ceiling.

International Business Times UK

Alarming IRS Forecast Reveals a $500B Collapse in Revenue, Threatening US Financial Stability

The Independent UK

Federal workers describe dire conditions as they return to office, including BYO toilet paper and bringing garbage home

Federal workers are being forced to work in the office five days per week in consolidated office space with understaffed cleaning crews and dwindling office supplies

Kiplinger

10 Best High-Yield Savings Accounts to Grow Your Tax Refund

If you're getting a tax refund this year and want to grow it, here are the best high-yield savings accounts to make it happen.

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