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UNBELIEVABLE: Irs | History Defined

North Carolina General Assembly overrides Governor's veto of bill opting state into federal education tax credit scholarship program

On June 3, 2026, the North Carolina General Assembly overrode Gov. Josh Stein's (D) veto of HB 87, titled the Educational Choice for Children Act (ECCA), opting the state into the federal education tax credit scholarship program.

Ballotpedia

Nearly 5,000 ‘Americans’ renounced their citizenship last year – the highest mark in years

More people renounced their ties to the US in 2025 – many for tax reasons but some for personal and political reasons

The Independent UK

Two Senators Offer a Bipartisan Solution to Censorship by Proxy

The JAWBONE Act would let Americans sue government officials who try to restrict their speech by pressuring social media platforms, broadcasters, or AI companies.

Reason

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

6 Money Moves That Trigger an IRS Audit

Tax season always brings a mix of relief and anxiety, especially when thoughts turn toward the IRS and potential audits. Certain financial behaviors quietly raise red flags and place tax returns under closer review than most people expect. The IRS does not randomly pick targets as often as people assume,…

Clever Dude

Internal Memo Shows IRS Feared Staffing Cuts Could Disrupt Tax Season, Sought 8,000 Hires

The hiring push follows the departure of roughly 28,000 IRS employees last year, or about 27% of the agency's workforce

Latin Times

I'm a CPA: These Are the Q2 Tax Moves Every Business Owner Should Be Making Now

Don't wait until Q4 to talk to your tax adviser or CPA. Business owners and the self-employed should be using April's tax return to shape the rest of the year.

Kiplinger

What do I do with unused 529 funds?

As college costs creep up, 529 plans offer a way to save for education bills. But what should account owners do if they have money left once the bills are paid?

The Independent UK

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A DOJ Brief Preposterously Insists That Trump's 'Anti-Weaponization Fund' Was Politically Neutral

The president himself has repeatedly contradicted that claim.

Reason

The slush fund is gone – but Trump’s IRS agreement is a new level of self-dealing

The president’s immunity from continuing audits made fewer headlines than the ‘anti-weaponization fund’, but it’s no less egregious

The Guardian - US

IRS Takes Down $40 Million Tax Shelter — Four Convicted Over 98% Tax-Saving Claims

Financial experts orchestrated an illegal trust tax shelter scheme targeting high-net-worth individuals, leading to $40 million in losses and convictions for tax evasion in the US.

International Business Times UK

Amgen Eyes 2026 ‘Springboard’ as Growth Drugs Offset Patent Pressure

Amgen (NASDAQ:AMGN) executives said the company’s first-quarter performance supports its view that 2026 can serve as a “springboard year,” with growth products helping offset increased competition for the denosumab franchise and other losses of exclusivity. Speaking at a Goldman Sachs event, Peter

MarketBeat

Social Security chief dismisses worries over staffing issues and touts shorter wait times

Bisignano assumed leadership of the agency following a period marked by chaotic customer service changes and leadership departures

The Independent UK

Virginia man used a fetish website to lure a man to his house for a ‘violent fantasy encounter.’ Then he staged the entire scene

Banfield maintains that he is innocent.

We Got This Covered

Overpayment Notices Are Going Out to Retirees Who Did Nothing Wrong — Here’s Why

A growing number of retirees have opened their mail recently and found something alarming waiting inside: an overpayment notice from the Social Security Administration. These letters often demand repayment of thousands of dollars, even when retirees believe they followed every rule correctly. Confusion spreads quickly because the notices arrive without…

The Free Financial Advisor

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The Free Financial Advisor

Ignoring an IRS Notice Never Makes It Go Away — Here’s What Each Letter Type Means

Some envelopes carry a quiet sense of urgency, and IRS notices rank at the top of that list because they rarely arrive without a reason that demands attention. Every IRS letter signals a specific issue tied to taxes, filings, payments, or mismatched records, and each one escalates the situation if…

International Business Times

Congress Debates Whether Crypto Tax Relief Should Extend Beyond Stablecoins

A congressional hearing this week could determine whether tax rules continue to treat most crypto transactions as taxable property sales.

The Free Financial Advisor

Your Tax Preparer Could Be the Reason Your Return Gets Flagged — What to Watch For

Tax season often feels like a relief once everything gets handed over to a professional, but that trust can backfire in unexpected ways. A single mistake or questionable decision from a tax preparer can put a return straight into the IRS spotlight. That means delays, extra scrutiny, or even a…

Roll Call

Blanche heads into attorney general confirmation clash

President Donald Trump on Monday sent to the Senate the nomination of acting Attorney General Todd Blanche to fill the role permanently, teeing up what could be a bruising confirmation process for a Trump ally who has drawn bipartisan criticism for recent Justice Department moves. The president’s former defense attorney…

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The Free Financial Advisor

Unclaimed Refunds Expire After 3 Years — Billions Go Unrecovered Every Summer

Unclaimed refunds sound harmless at first, but they quietly drain billions of dollars from taxpayers every year. Governments across North America place strict time limits on claiming tax refunds, and most people never realize the clock even starts ticking. Once that deadline passes, the money does not wait around and…

Reason

Stop Calling it an Immunity! There's No Immunity!

It's all a figment of Todd Blanche's imagination.

The Independent UK

A watchdog report flags security risks in the IRS-ICE taxpayer data-sharing deal

A new Treasury inspector general report raises concerns about Immigration and Customs Enforcement's ability to safeguard taxpayer information

Saving Advice

9 Tax Deductions Seniors Over 65 Routinely Miss

Tax season can be frustrating, especially for retirees who assume their opportunities to reduce their tax bill are limited. The reality is that many older...

The Free Financial Advisor

Over 3 Million Filers Made This Withholding Mistake Last Year — Here’s How to Fix It

Tax season often surprises people, but the real shock usually starts much earlier—right on the paycheck stub. Over 3 million filers ran into trouble last year because their tax withholding didn’t match their real-life income situation. Some ended up owing hundreds or even thousands at tax time, while others gave…

The Free Financial Advisor

New IRS Matching Technology Is Catching Income Discrepancies That Used to Slip Through

Tax season just got a serious upgrade on the government side. The IRS now uses advanced matching technology that scans income records with far more precision than before. This system compares information from employers, banks, gig platforms, and third-party payers in real time. Small inconsistencies that once slipped through now…

The Free Financial Advisor

W-2 Mismatches Are Holding Up Thousands of Returns — Even Honest Mistakes Count

Tax season is already stressful, but nothing derails a refund faster than a W-2 mismatch. A single incorrect number between what a taxpayer reports and what an employer submits can freeze a return in the IRS system almost instantly. The frustrating part is that these delays don’t always signal fraud…

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