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REVEALED: 11 | Rare Historical Photos

8 Gift Tax Questions Parents Should Ask Before Helping Adult Children

Helping adult children with a down payment, college debt, a business idea, or a major life expense can feel like one of the best parts of being a parent. Before transferring money, though, parents should ask important gift tax questions to avoid unexpected tax complications and create a smarter plan…

The Free Financial Advisor

Lost Money to a Scam? You Could Still Owe the IRS: Congress Aims to Fix That

The Tax Relief for Fraud Victims Act offers crucial tax deductions and removes IRS penalties for scam victims, alleviating unfair financial burdens. Learn more about this vital legislation today.

International Business Times UK

Spain Wins FIFA World Cup, But IRS May Be Biggest Winner: Here's Why

In a thrilling conclusion to the World Cup championship, Spain emerged as the victor, securing the $50 million first-place prize from FIFA. However, this victory is not without its financial implications, as the winnings are subject to taxation by the Internal Revenue Service (IRS).

Benzinga

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Spain Won $63.5M at the World Cup: Why Players, Coaches, and Staff Could Still Owe US Taxes

Spain triumphs in the 2026 FIFA World Cup, securing a total $63.5M prize. Discover how US tax implications could impact the earnings of players, coaches, and staff.

International Business Times UK

5 Little-Known Senior Tax Deductions in 2026

Some may sound like myths, but these unique tax write-offs can be approved under strict IRS medical guidelines — provided you have the right paperwork.

Kiplinger

8 Child and Dependent Care Credit Rules Parents Should Recheck

Parents often spend thousands of dollars each year on daycare, after-school programs, and summer camps, making every available tax break worth revisiting. The child and dependent care credit can reduce your tax bill if you qualify, but many families miss out because they misunderstand the rules or overlook key details.…

Kids Ain't Cheap

D.C. Circuit Upholds 5-Year Sentence for Leaker of Trump's and Others' Tax Returns

From U.S. v. Littlejohn, decided today by D.C. Circuit Judge Justin Walker, joined by Judges Neomi Rao and Judith Rogers:… The post D.C. Circuit Upholds 5-Year Sentence for Leaker of Trump's and Others' Tax Returns appeared first on Reason.com.

Reason

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Got $2.5 Million Saved for Retirement? Here Are the Huge RMDs You Must Take at 73, 75, 80 and 85

If you have $2.5 million saved for retirement, your RMDs will change every year. Find out exactly how much you must withdraw at ages 73, 75, 80 and 85.

Kiplinger

Ask the Tax Editor, July 17: Higher Health Insurance Premiums

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions from readers on the Obamacare premium tax credit.

Kiplinger

Even before he was wealthy, Warren Buffett planned to give away all his money—now he doesn't check on his children's charities to see how they use it

"I tell the three children that it is theirs and it's their responsibility to get it done well," Buffett said.

Fortune

IRS Raises 2026 Mileage Deduction To 76 Cents Per Mile as Higher Gas Prices Drive First Midyear Adjustment in Four Years

The IRS raised the optional business mileage rate to 76 cents per mile from 72.5 cents for eligible travel on or after July 1, giving self-employed workers and businesses a larger deduction as fuel costs remain elevated.

Benzinga

Todd Blanche Describes the Huge, Unprecedented Favors Granted by Trump's IRS 'Settlement' as 'Typical'

During his confirmation hearing, the attorney general nominee repeatedly misrepresented the nature and scope of the sweeping immunity deal he approved.

Reason

During His Confirmation Hearing, Todd Blanche Defends Trump's Blatantly Corrupt IRS 'Settlement'

Contradicting a federal judge, the acting attorney general, who blessed that cozy arrangement, insists it was not a product of collusion or self-dealing.

Reason

Todd Blanche says he’s not Trump’s lawyer. The senators in charge of his future aren’t convinced

ANALYSIS: The president’s former criminal defense attorney faces a high-stakes loyalty test pitting his ‘love’ for Trump against the rule of law. Congress doesn’t know who to believe, Alex Woodward writes

The Independent UK

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International Business Times UK

Judge Rules Trump and Sons Acted in 'Bad Faith' Trying to Sue Themselves for a $1.8B Slush Fund

A federal judge in Florida has rejected a proposed $1.8 billion IRS settlement involving Donald Trump, citing self-dealing and bad faith, and imposed professional consequences on Trump's legal team.

Kiplinger

Long-Term Care Insurance Alternatives: How to Craft a Flexible Plan to Help Cover Future Health Needs

Rising premiums, fewer options and limited benefits can make a long-term care policy hard to find and hard to afford. There are alternatives to cover the costs.

Kiplinger

A 'Mega Backdoor Roth' Can Save Thousands More for Retirement

This Roth retirement savings strategy allows high earners to sock away up to $72,000 a year — if their workplace plan permits it.

Reason

By Blessing Corruption, Todd Blanche Has Disqualified Himself From the Job He Wants

Trump’s nominee for attorney general has repeatedly subverted justice to benefit his boss.

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Saving Advice

How to Check Your Social Security Earnings Record for Costly Errors

Your Social Security benefits are more than just a government check; they are the result of decades of your hard work, sacrifice, and financial contributions....

International Business Times UK

Trump's Voided $1.8bn Fund Would Have Used Taxpayer Money to Pay Political Allies

A federal judge has nullified a $1.8bn settlement between Donald Trump and the IRS, citing no genuine legal dispute. The deal would have granted Trump immunity from audits and allocated taxpayer funds to allies.

Kiplinger

IRS Simplifies Tax Penalty Relief: Who Qualifies and What’s the Catch?

Taxpayers may receive automatic IRS relief under a new system, but a key eligibility rule still applies.

The Independent UK

Todd Blanche faces grilling over Epstein files, Trump ties and Jan 6

Todd Blanche is heading into a high-stakes test this week in his bid to become attorney general, with key Republicans still undecided about whether to back his nomination

The Guardian - UK

First Thing: Trump threatens to impose US tolls on Hormuz shipping as strikes on Iran continue

Change of US position on free navigation comes as two tankers hit by Iranian cruise missiles

The Guardian - US

The Todd Blanche hearings will test senators’ commitment to the rule of law

Trump’s former personal attorney has a vast slate of conflicts of interest. Will lawmakers do their job in his confirmation hearings?

International Business Times UK

Judge Rules Trump's $1.8 Billion IRS Deal Invalid – Then Calls Lawsuit an Attempt to Manipulate the Courts

A federal judge has invalidated Trump's IRS settlement, citing improper purpose and manipulation of courts, raising questions about the legitimacy of the process and future IRS examinations

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