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The Latest Breaking News from IRS

Plus: Who's on deck for the next round of confirmation hearings, Trump wants to create a second IRS, Cuba is no longer doing terrorism, and more...

Reason

Trump Announces 'External Revenue Service' To Collect Tariffs And Foreign Revenue

"It is time for that to change. I am today announcing that I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come from Foreign sources," Trump wrote in a post.

International Business Times

IRS Reminds Small Businesses Of Upcoming Tax Deadline Extensions

IRS reminds small businesses in disaster-affected areas of varying tax deadlines in 2025.

Top News

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Chime customers can file taxes for free on the app

Fintech company Chime thinks it has cracked the code for tax filing—by making the process easy, rewarding, and free.

Fortune

House GOP Bill Aims to Abolish the IRS and Rewrite the Tax Code

The stability of the IRS is crumbling as the U.S. presidency changes hands.

Kiplinger

One Million Americans Set To Receive IRS Stimulus Checks—Here's What To Know

Eligible taxpayers could receive up to a maximum of $1,400 from the IRS.

International Business Times

IRS Distributing .4 Billion In Unclaimed Stimulus Payments

IRS distributing .4 billion to taxpayers who missed COVID stimulus payments, providing up to IRS Distributing .4 Billion In Unclaimed Stimulus Payments,400 per individual. Claim your Recovery Rebate Credit to ...

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IRS is sending out automatic stimulus payments. Who is getting them?

The IRS it’s distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments

The Independent UK

IRS extends tax deadline for those affected by California wildfires

Citizens of Los Angeles affected by the wildfires no longer need to worry about filing their taxes by April 15.

Fortune

Buddy Carter's Bill to Abolish IRS and Overhaul Tax Code Aims to Cut National Debt

US Rep. Buddy Carter's Fair Tax Act would help Americans save money by putting them in charge of their tax rate, reducing tax loopholes and the national debt, and mandating illegal immigrants to pay their fair share of taxes.

International Business Times UK

Tax Season Alert: Protect Yourself From Identity Theft Risks

A new IRS report highlights ongoing issues, including the agency's "unconscionable" delays in addressing identity theft cases.

International Business Times

Three Steps to Simplify Paying Your Taxes in Retirement

Once you retire, how you pay some of your taxes can change. Here's how to get a handle on them so you don't run afoul of the IRS and face penalties.

Kiplinger

Not Ready to File Taxes? 8 Things to Do Now to Prepare

Now is a good time to review your financial situation and prepare to file your 2025 federal income tax return.

Kiplinger

The IRS is Pursuing Partnerships and Their Owners

The IRS has many enforcement priorities, and partnership tax noncompliance is near the top of that list.

Kiplinger

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Top News

IRS Announces Jan. 27 Start Date For 2025 Tax Season

IRS announces 2025 tax season with enhanced services and Direct File program expansion. Stay informed about tax scams and filing updates.

Top News

IRS Grants Tax Relief Extension For Los Angeles County Residents

IRS grants tax relief in Los Angeles County, extending deadlines to October 15 for filing and payment. Taxpayers urged to utilize the extension to avoid pe...

The Independent UK

IRS announces January 27 as the start of the 2025 tax season

The IRS on Friday announced January 27 as the official start date of the 2025 tax season, and expects more than 140 million tax returns to be filed by the April 15 tax deadline

Kiplinger

IRS Free File Could Go Away Under House GOP Plan: What to Know

If you used this free filing service last tax season, you might want to start looking for new options now.

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Kiplinger

Nine Ways to Find Your Lost 401(k)

Over 29 million lost 401(k) accounts worth almost $1.65 trillion have been forgotten by their owners. Here are nine ways you can locate your account.

Fortune

IRS’s free tax filing service opens today. Here’s how you can take advantage

Millions of Americans can get ahead of the stress and start working on their taxes as soon as today—for free.

Kiplinger

California Fires: How to Recover Tax Records and Other Important Documents

Having your tax records and other vital documents is important for claiming casualty loss deductions that can help with recovery.

Kiplinger

10 Reasons to Leave Your Heirs a Roth IRA

Including a Roth IRA in your estate plan has clear tax advantages, which can be passed along to your heirs for years. But if passed down incorrectly, your heirs won’t reap the full benefits.

Kiplinger

Child and Dependent Care Credit: How Much Is It?

The non-refundable tax break can help working families afford quality care for their child or qualifying dependent.

Salon

Evangelical hate of Carter led to MAGA

Evangelicals loved Jimmy Carter — until his anti-racism turned them against him

Fortune

How to sell your house: 8 steps to help you sell in 2025

Are you a homeowner selling your house for the first time? Follow our guide to understand the steps you need to take.

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