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UNBELIEVABLE: Irs | History Defined

Downsizing in Retirement Can Save Money — But These 6 Costs Can Erase the First-Year Savings

Selling a large house and moving somewhere smaller sounds like straightforward retirement math: lower property taxes, cheaper utilities, less maintenance, and perhaps a pile of...

Saving Advice

September 15 Is a Major Tax Deadline – Who Actually Needs to Pay the IRS?

September 15 can sneak up on taxpayers because it does not involve the giant annual tax-day frenzy that surrounds April 15. Yet for millions of Americans, September 15 marks the deadline for the third estimated federal tax payment of 2026, and ignoring it could create an unpleasant surprise later.

The Free Financial Advisor

You Can Pay the IRS Directly From Your Bank Account for Free—No Registration Required

Paying a federal tax bill online doesn’t necessarily require creating another account—or paying a processing fee to use a credit or debit card.

The Free Financial Advisor

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Diesel Just Crossed $6 a Gallon for the First Time Ever: What It Means If You Work for a Living

AAA confirms diesel hit a record $6.06 a gallon Sept. 11, its third high in a week. Latino construction, delivery and rideshare workers feel it first.

Latin Times

Why the Trump administration’s bid to end diversity efforts at nonprofit schools is likely to get tied up in court

The Trump administration wants to strip all nonprofit colleges, universities and private K-12 schools of their tax-exempt status if any of their programs designed to help students uses race as a criterion for eligibility.

The Conversation

Why filling up your IRA before your 401(k) could leave you vulnerable

Americans have contributed more money to IRAs than any other retirement account but few consumers know the elevated risk the accounts present

The Independent UK

5 Money Moves in an Ugly Divorce That Can Cost You the House and a Tax Bill Years Later

Divorce can turn a family home into the biggest bargaining chip in the room, especially when both spouses want the house, neither wants the mortgage, and everyone wants the other person to pay. A decision that feels like a clean break today can leave one former spouse tied to a…

Everybody Loves Your Money

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IRS Opens 2027 Corporate Tax Compliance Program — Applications Due October 30

Large corporations interested in resolving federal tax issues with the IRS before filing their returns have a limited window to apply for a program designed to do exactly that. The Internal Revenue Service announced on September 8 that it is accepting applications for the 2027 Compliance Assurance Process, commonly known…

The Free Financial Advisor

Signs you are upper-middle class

Being upper-middle class isn’t just about income - taxes, investing and other factors play a role

The Independent UK

7 Things to Do With Your Money Before the Final Quarter of the Year

September can be one of the most useful months on the financial calendar. There is still enough time to change retirement contributions, prepare for holiday expenses, correct tax withholding, and deal with expensive debt—but the end of the year is close enough that you can see where your money actually…

Budget and the Bees

IRS Raises Clean Electricity Production Tax Credit to 3.1 Cents Per Kilowatt-Hour for 2026

Clean electricity producers may qualify for a federal tax credit of up to 3.1 cents per kilowatt-hour in 2026 after the IRS published its annual inflation adjustment for the Clean Electricity Production Credit. The IRS announced the updated amounts in a Federal Register notice published September 4. The credit, established…

The Free Financial Advisor

IRS Urges Taxpayers to Get an IP PIN to Help Stop Tax Identity Theft

The IRS is urging taxpayers to take several steps now to make it harder for identity thieves to use stolen personal information to file fraudulent...

Saving Advice

IRS Finalizes New Car Loan Interest Deduction — Who Can Claim Up to $10,000

Americans financing certain new vehicles can deduct up to $10,000 a year in car loan interest under a temporary federal tax break, and the IRS has now finalized regulations explaining who qualifies. The deduction was created by the One Big Beautiful Bill Act signed into law July 4, 2025, and…

The Free Financial Advisor

IRS Tasks You Can Now Handle Online Instead of Calling

Calling the IRS used to feel almost unavoidable when you needed an old tax record, wanted to confirm a payment, or had questions about money...

Saving Advice

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The Free Financial Advisor

Paid IRS Penalties During the Pandemic? You May Be Able to Get Some Money Back

The pandemic created a spectacular mess of ordinary life, and taxes did not exactly escape the chaos. If you paid certain IRS penalties tied to your 2020 or 2021 taxes, you may qualify to get that money back through automatic penalty relief the IRS announced after the worst of the…

Saving Advice

60 With Only $2,000 Saved for Retirement: Is It Too Late to Turn Things Around?

Turning 60 with only $2,000 saved for retirement can produce an uncomfortable realization: there probably isn’t enough time left for decades of compounding to solve...

The Guardian - US

Judge orders Trump administration to reveal who set up $1.8bn ‘anti-weaponization fund’

Judge issues order as part of discovery process in lawsuit brought by non-profit into now defunct compensation fund

Everybody Loves Your Money

8 Income Sources That Could Leave You Owing an Estimated Tax Payment This September

A paycheck can make taxes feel wonderfully automatic. Money arrives, taxes disappear, and the whole thing seems pleasantly handled until a new income stream shows up that never bothered to bring a tax withholding system along with it. That can leave taxpayers scrambling when the third estimated tax payment deadline…

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The Free Financial Advisor

Tax Deadlines Extension Filers Should Put on Their Calendar Now

An October tax deadline can look deceptively far away on a calendar. For taxpayers who requested an extension for their 2025 federal return, however, Oct. 15, 2026, now sits close enough to deserve a bright red circle, because the extra time only extends the deadline to file, not the deadline…

Latin Times

Sean Duffy's Wife Says His Cabinet Job Was 'All That's Left.' Here's the Fuller Story

Rachel Campos-Duffy says Sean Duffy's Cabinet job was 'all that's left' — as new reporting raises fresh questions about who funded his road trip show.

The Economic Times

Woman retired at 64 with $380,000 in her 401(k). Nine years later, her first RMD faced a 22% tax rate

During the gap years, retirees often overlook essential tax planning opportunities. This crucial time allows them to manage their taxable income before mandatory withdrawals kick in. One retiree found herself facing significantly higher tax bills in the future because she didn’t convert her savings. As her untouched 401(k) grew, required…

Euronews

Trump administration pushes to remove tax exemptions for private universities with DEI policies

The Trump administration says its proposed legislation aims to make university equal and accessible to all and end “woke” campaigns which deliberately favour certain students over others due to socioeconomic or racial backgrounds.

The Independent UK

Trump team wants to strip private schools of tax-exempt status if they consider race in admissions

Under a proposed rule, schools would lose their tax-exempt status if they considered race in schools programs such as admissions, scholarships, athletics and more

International Business Times UK

Trump Accounts Just Got More Complicated: IRS Reveals New Rules for Employers

The IRS and Treasury propose new rules for Trump Account contributions, covering plans, verification, and payroll reporting, affecting businesses offering this benefit.

The Times of India

A retired US nurse lost more than $200,000 to a scammer posing as a federal agent; then the IRS sent her an $80,000 tax bill and she had to sell her home

Synopsis:A retired US nurse lost more than $200,000 after a scammer posing as a federal agent tricked her into draining her retirement accounts. The financial trouble continued when the IRS sent her an $80,000 tax bill on the money she had withdrawn and lost. Unable to pay, she sold her…

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