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The Latest Breaking News from IRS

Bessent, House Democrats spar over budget package's debt boost - Roll Call

Democrats questioned Treasury Secretary Scott Bessent over the effect of Republicans’ “big, beautiful” reconciliation bill on the debt.

Roll Call

Trump is waging war against citizens in LA. This is a dangerous new era

In its first months in office, the Trump administration enacted what could be called soft authoritarianism. Now we are in a second phase

The Guardian - US

Why Some Roth IRA Withdrawals Aren’t as Tax-Free as Advertised

Saving for retirement is a top priority for many, and Roth IRAs are often touted as the ultimate tax-free retirement vehicle. The promise of tax-free withdrawals in retirement is a huge draw, making Roth IRAs a favorite among savvy savers. But here’s the catch: not every Roth IRA withdrawal is…

Clever Dude

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Top RFK Jr. aide attacks US health system while running company that promotes wellness alternatives

A top aide to Health Secretary Robert F

The Independent UK

For Trump’s ‘no taxes on tips,’ the devil is in the details

President Donald Trump’s promise to eliminate taxes on tips may sound like a windfall for service workers — but the fine print in Congress’ latest tax bill tells a more complex story.

The Conversation

The New Nissan Leaf Is Torquier. But That's Not Even Its Biggest Upgrade

Nissan has been teasing the new Leaf since the end of March, when the first official image was at the center of the company’s product onslaught. Since then, we’ve learned that it will be the company’s most aerodynamic production model, although the version for the United States won’t be as…

Motor1

10 Times DIY Cost People More Than Hiring a Professional

Trying to save money with a do-it-yourself approach can be tempting, especially when you see countless tutorials and success stories online. But sometimes, DIY cost ends up being much higher than simply hiring a professional. From home repairs to financial planning, the risks of going it alone can lead to…

Clever Dude

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7 Sneaky Ways the Rich Dodge Taxes Without Going to Jail

Paying taxes is a fact of life, but not everyone plays by the same rules. You’re not alone if you’ve ever wondered how the rich seem to keep more of their money. Tax avoidance isn’t just for billionaires with armies of accountants—it’s a game of strategy, and the rules are…

Clever Dude

Why Some Couples Are Filing Taxes Separately Just to Hide Dual Lives

Filing taxes is rarely anyone’s favorite activity, but for some couples, it’s more than just a yearly chore—it’s a way to keep secrets. In recent years, more married couples have chosen to file taxes separately, not just for financial reasons, but to hide aspects of their lives from each other.…

Clever Dude

Phone Scam Warning: 8 Red-Flag Phrases That Should Make You Hang Up Immediately

Phone scams are more sophisticated than ever, and no one is immune. Whether you’re a college student, a busy parent, or a retiree, scammers are constantly finding new ways to trick you over the phone. Falling for a scam can cost you money, compromise your identity, and leave you feeling…

Clever Dude

What the White House said about claims Musk ‘bodychecked’ Treasury secretary

IN FULL

The Independent UK

5 Types of Documents That Should Always Be Shredded Before Throwing Them Away

In a world where personal information is as valuable as currency, tossing away sensitive documents without a second thought is like leaving the front door wide open. Identity theft, fraud, and data breaches don’t just happen online—they often start in the trash. Many people unknowingly expose themselves to risk by…

Everybody Loves Your Money

SCUM celebrates its long-awaited 1.0 release with a 100 key giveaway at the Future Games Show

After seven years in Early Access, brutal survival sim SCUM gets a full 1.0 release – and you can win one of 100 game keys right here

GamesRadar

Ask the Editor, June 6: Questions on Hobby Losses, Medicare

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on hobby losses, I bonds and Medicare premiums.

Kiplinger

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International Business Times UK

Filing Taxes Late in the US? 2025 Penalties Explained And How to Get an Extension

If you are late in filing your 2025 taxes, do not panic! You still have options. From digital filing systems to traditional accountants, there's something for everyone. But first: how do you buy time, and what's your penalty for doing so?

Saving Advice

6 Ways to Legally Bypass Retirement Contribution Limits

For many people trying to build a strong retirement, maxing out a 401(k) or IRA feels like hitting the ceiling. You put in the maximum...

Saving Advice

11 Retirement Planning Hacks That Sound Illegal (But Aren’t)

Most people think retiring well takes either a six-figure salary, a financial advisor on speed dial, or an early inheritance. But what if the real...

Saving Advice

Why Retirement Loopholes Are Hidden in Plain Sight

Most people think of retirement planning as a rigid path: save in your 401(k), maybe open an IRA, and hope your investments grow enough to...

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Kiplinger

Can Homeschoolers Save on Expenses With 529 Plans?

A new so-called 'home school tax break' could change how you save for your child's homeschool education. Find out how.

Saving Advice

9 Loopholes That Could Save Retirees Thousands—If They Dare Use Them

Retirement is often portrayed as a time to relax and enjoy the fruits of one’s labor. However, the financial landscape for retirees can be complex,...

Saving Advice

10 Retirement Loopholes That Make the IRS Sweat

Retirement planning is all about building security and preserving wealth, but sometimes, it’s also about finding creative ways to keep more of what you’ve earned....

Roll Call

Ex-GOP lawmaker's IRS nomination advances in Senate - Roll Call

Democrats cited Billy Long's ties to firms hawking phony tax credits, but Republicans backed him on a party-line committee vote.

The Free Financial Advisor

12 Ways to Protect Your Legacy From Taxes

Leaving a legacy is about more than just passing down money—it’s about ensuring your loved ones are cared for and your values live on. But taxes can take a big bite out of what you leave behind if you don’t plan ahead. Knowing how to protect your legacy from taxes…

The Free Financial Advisor

10 Times Tax Loss Harvesting Backfired

Tax loss harvesting is often hailed as a smart way to reduce your tax bill and boost your investment returns. The idea is simple: sell investments that have lost value to offset gains elsewhere in your portfolio. But as with many financial strategies, the devil is in the details. When…

Reason

Nevada Becomes the 21st State To Strengthen Donor Privacy Protections

A new law prohibits the state from requiring nonprofits to disclose the personal information of their supporters, protecting Americans’ First Amendment right to free association.

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