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RARE PHOTOS: 17 - The Real Truth

IRS Paper Return Processing Is Now Taking Up to 6 Months — Here’s the Faster Option

Tax season already brings enough stress without adding months of waiting for a refund. The Internal Revenue Service now reports that paper tax returns can take up to six months to process, creating long delays for millions of filers. That timeline can turn a simple refund into a waiting game…

The Free Financial Advisor

CP2000 Notices Are Arriving for Income People Forgot They Reported — What to Do

The IRS does not send CP2000 notices randomly, and they rarely arrive without a clear reason behind them. These notices flag differences between what taxpayers report and what third parties submit under their names. That mismatch often catches people off guard, especially when small or forgotten income sources resurface. The…

The Free Financial Advisor

Self-Employed Filers With Unusually Low Income Are Getting Flagged at Record Rates

Tax season has taken a sharper turn for self-employed workers, especially those reporting unusually low income compared to prior years or industry norms. The IRS has stepped up its detection systems, using advanced algorithms that quickly spot mismatches between earnings, expenses, and lifestyle indicators. Freelancers, gig workers, and small business…

The Free Financial Advisor

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Charitable Deductions Without Proper Documentation Are Being Denied More Than Ever

Charitable giving feels rewarding, but tax season now adds a stricter layer of scrutiny that many donors overlook. The IRS has tightened enforcement on deductions tied to donations that lack proper proof, and that shift has led to a noticeable rise in denied claims. Even well-intentioned contributions can lose their…

The Free Financial Advisor

Former IRS agent jailed for life in ‘au pair affair’ double murder case

IN FULL

The Independent UK

Direct Deposit Holds Are Delaying Refunds for Thousands of Filers This Summer

Summer usually brings a wave of tax refunds landing neatly in bank accounts, but this year tells a different story. Thousands of filers report delays tied to direct deposit holds that slow down access to expected money. Banks flag certain deposits for extra review, and those brief pauses often stretch…

The Free Financial Advisor

A Home Office Deduction Can Be a Red Flag — Here’s What the IRS Is Looking For

Remote work has exploded, and so has interest in the home office deduction. The idea sounds simple: write off part of your home expenses because a workspace exists inside your house. The IRS, however, does not hand out approval easily, especially when the numbers look inflated or poorly documented. Many…

The Free Financial Advisor

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Joint Filers Are Losing Refunds Over One Spouse’s Debt — Without Prior Warning

Tax season often brings hope for a refund, but joint filers now face an unexpected financial shock that catches many couples off guard. One spouse’s old debt can suddenly drain an entire refund before it ever hits a bank account. The IRS does not always send clear warnings before redirecting…

The Free Financial Advisor

Cryptocurrency Owners Are Getting IRS Letters — Even for Small Trades

The IRS has stepped up enforcement in a big way, and cryptocurrency owners now feel the pressure even on small, everyday trades. Letters from the IRS increasingly land in mailboxes after exchanges report user activity through expanded tax forms and compliance systems. Many investors expect scrutiny only after large profits,…

The Free Financial Advisor

Soft Audits Are Up — And Most People Who Get One Never See It Coming

Soft audits are quietly becoming one of the most common financial compliance checks today. Unlike traditional audits that arrive with intense paperwork requests and high stress, these versions slip in more gently and often start with a simple letter or digital notice. They focus on inconsistencies, missing details, or unusual…

The Free Financial Advisor

Amgen Touts MariTide, AI Gains and 2026 Growth Plans at Jefferies Conference

Amgen (NASDAQ:AMGN) executives used a Jefferies investor conference appearance to emphasize the company’s first-quarter growth, its late-stage pipeline and its preparations for potential launches, including the obesity candidate MariTide. Peter Griffith, executive vice president and chief financial

MarketBeat

Smaller Refunds Are Hitting Filers Who Made One Specific Change Last Year

Tax season keeps surprising millions of filers, and this year delivers a particularly frustrating twist for many households expecting a comfortable refund. Many taxpayers open their results only to find a much smaller number than they planned for, and the shock often traces back to a single decision made last…

The Free Financial Advisor

Todd Blanche Hates 'Weaponization' of Government Unless It Benefits His Boss

Blanche is happy to pervert justice in service of the president's personal agenda. No wonder Trump wants to keep him as attorney general.

Reason

Treasury Secretary Sidesteps Questions on Trump IRS Audit Deal After DOJ Signals Protections Still Stand

The Acting AG said on Wednesday that the administration was abandoning plans for a $1.8 billion "Anti-Weaponization Fund" but suggest IRS audit protections for Trump remained intact

Latin Times

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The Mary Sue

Todd Blanche to Stay Put as Trump Teases a Permanent Shift That Could Change Everything for the Department of Justice

Blanche’s potential nomination also raises questions about the future of the DOJ’s relationship with the IRS.

International Business Times

U.S. CEO Charged With Selling U.S. Tech To Iran's Nuclear Program

A CEO faces federal charges for allegedly selling sophisticated U.S. technology to Iran, violating U.S. sanctions.

The Independent UK

The Latest: Scott Bessent testifies before the House on Treasury Department priorities

Treasury Secretary Scott Bessent is back on Capitol Hill to testify before the House Ways and Means Committee on the department’s priorities, one day after he refused to say whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a…

Roll Call

Immigration budget bill suffers setback as House leaves town

A GOP reconciliation bill for immigration enforcement appeared to be skating on thin ice Thursday night as the House suddenly left town for the week and lawmakers continued to wrangle over a Justice Department “anti-weaponization” fund. Senate opponents of the nearly $1.8 billion fund — derided by critics as a “slush…

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The Free Financial Advisor

Estimated Tax Payments Are Due in June — Missing It Costs More Than People Expect

June doesn’t just bring summer plans, vacations, and longer days—it also brings one of the most overlooked financial deadlines of the year. The IRS expects millions of taxpayers to submit estimated tax payments by mid-June, and missing this date can quickly snowball into penalties that feel far bigger than most…

The Free Financial Advisor

What Most Users Still Don’t Know About Venmo, PayPal, and Their Taxes

Cash apps changed how money moves in everyday life, but tax rules moved just as fast behind the scenes. Venmo and PayPal now sit at the center of income reporting conversations, especially for freelancers, side hustlers, and small sellers. Many users treat these apps like casual wallets, yet the IRS…

The Free Financial Advisor

Amended Returns Are Adding Up to 20 Weeks to Refund Wait Times Right Now

Tax season always brings a mix of anticipation and relief, especially when refunds enter the conversation. Right now, that excitement often slows down for anyone filing amended returns, since the IRS reports processing times stretching up to 20 weeks. That timeline can feel especially long when bills, savings goals, or…

Roll Call

Booker, Cassidy back legal challenge to ‘anti-weaponization’ fund

Sens. Cory Booker, D-N.J., and Bill Cassidy, R-La., filed a court brief Thursday supporting a lawsuit seeking to block implementation of the Trump administration’s $1.8 billion “anti-weaponization” fund. The bipartisan brief was filed as the Senate voted on a measure to fund immigration enforcement, and where senators on both sides…

Kiplinger

June Tax Deadlines and IRS Refund Status: What Taxpayers Need to Know This Month

Summer is almost officially here, but so are the next big IRS tax deadlines.

The Independent UK

IRS worker quits after rats apparently start running the office

IN FULL

The Economic Times

IRS tax refund news June 2026: Which taxpayers qualify for delayed refunds and when could payments arrive?

More than $3,400 is the projected average IRS tax refund for many eligible filers this year, making tax refund updates one of the most searched financial topics in June 2026. Thousands of taxpayers are still waiting because of disaster-related filing extensions, paper return processing, and missing direct deposit details. If…

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