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HISTORICAL FACTS: 7 | History Defined

Rescinding the egregious Slush Fund Order should not obscure the fact that Blanche was a central participant in, and possibly the architect of, a scheme to defraud the court and the American taxpayer. The one job he is surely not qualified for is the one he now seeks.

Reason

6 RMD Mistakes That Could Cost Retirees Money Before Year-End

If you’re a retiree, you likely know about (and are hopefully very familiar with) Required Minimum Distributions (RMDs). The IRS generally requires annual RMDs beginning...

Saving Advice

IRS Warns Tax Professionals About New Phishing Scams Targeting Client Data

The Internal Revenue Service and its Security Summit partners have issued a warning to tax professionals to be on guard against phishing emails and other schemes aimed at stealing sensitive taxpayer data, according to an official IRS announcement.

Everybody Loves Your Money

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

How Your Inheritance Actually Gets Taxed: From Stepped-Up Basis to IRA Rules

Most inheritances won’t trigger a federal income tax bill. But what you inherit and what happens afterward mean other tax rules could come into play.

Kiplinger

6 Estate-Tax Headlines That Can Mislead Families With Ordinary Estates

Estate-tax headlines often arrive with dramatic wording that makes families wonder whether a tax surprise waits around the corner. The reality looks much calmer for many households because federal estate tax rules affect a much smaller group than those scary headlines suggest.

The Free Financial Advisor

Retirement Account Rollover Rules: When a Signature Is Not Enough

Moving retirement money from one account to another sounds simple. A signature, a form, and a quick transfer might seem like the whole recipe, but rollover rules often hide important details that can affect taxes, timing, and future savings choices. A small paperwork mistake can turn a routine retirement move…

The Free Financial Advisor

5 Top ETFs to Build Wealth Over the Long Term

Low costs, broad diversification, ample liquidity and disciplined portfolio construction characterize top ETFs to build wealth over the long term.

Kiplinger

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6 Retirement Tax Breaks Many Older Americans Miss Each Year

Many retirees assume their tax bill automatically shrinks after they stop working. In reality, retirement comes with its own complicated tax rules, and missing even...

Saving Advice

6 RMD Planning Errors Retirees Can Still Correct Before Year-End

Required minimum distributions can sneak up like a forgotten subscription charge, except the consequences involve taxes instead of a few unwanted dollars leaving a bank account. Retirees who review their RMD plans before year-end can still catch mistakes, adjust strategies, and avoid unnecessary headaches when tax time arrives.

The Free Financial Advisor

‘He is about Trump and not the truth’: Senator lays bare what Americans can expect from Todd Blanche as attorney general

Cory Booker savages former holdout Republicans for giving up their resistance to having president’s personal attorney as nation’s top law enforcement official

The Independent UK

Senate advances Todd Blanche to be Trump’s attorney general despite ‘weaponization,’ Epstein and abortion concerns

Todd Blanche passes on party-line vote after winning over Republican skeptics John Cornyn and. Thom Tillis in last-minute deal

The Independent UK

Todd Blanche’s attorney general nomination will advance to full US Senate vote

Blanche, formerly Trump’s personal lawyer, confirmed in writing that $1.8bn slush fund for president’s allies was dead

The Guardian - US

Blame Game

Plus: Surveillance for babies, using endowments to keep lights on, and more...

Reason

Special Privilege Revealed as IRS Halts Decades of Mandatory Presidential Tax Audits Exclusively for Trump

A settlement barring IRS audits of Trump's past tax filings remains largely intact despite legal challenges and political opposition, highlighting unprecedented legal and political implications.

International Business Times UK

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news in one place.

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Kiplinger

Why a Down Market is the Best Time for a Roth IRA Conversion

Plunging stock prices may keep investors up at night. But there's a silver lining to a down market: it's a prime time to save taxes on a Roth IRA conversion.

The Independent UK

Todd Blanche’s deal to end Trump’s ‘weaponization’ fund is ‘laughably flimsy,’ Democrats and legal experts say

Critics say the latest language raises more questions about Trump’s IRS shield and could open the door for slush funds in the future

We Got This Covered

‘Shall have no force or effect’: Acting AG Blanche defies Trump to protect his nomination and gives in to GOP demands over Anti-Weaponization fund

He has won over the veteran lawmakers.

Reason

Todd Blanche's Concessions Underline the Flagrant Phoniness of Trump's IRS 'Settlement'

The acting attorney general confirms his dishonesty in presenting that jaw-dropping scam as the resolution of a bona fide legal dispute.

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news in one place.

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The Independent UK

Trump and Blanche keep the president’s corrupt IRS immunity deal — and throw January 6 rioters to the curb

ANALYSIS: Trump never needed the slush fund for taxpayer-funded payouts. But the fight over ‘Anti-Weaponization’ claims gave convenient cover for DOJ’s shield against tax investigations, Alex Woodward writes

The Free Financial Advisor

Why a Tax Refund Can Be Smaller Than Expected Without Being ‘Taken’

A smaller tax refund does not always mean someone grabbed your money or made a mistake. Sometimes changes in income, withholding, credits, or tax rules can shift the final number before your refund reaches your bank account.

Everybody Loves Your Money

What to Know About Estate-Document Gaps That Can Complicate a Home Transfer

A house often represents years of memories, hard work, and financial decisions, but transferring that home after a loved one passes can become surprisingly complicated when estate documents leave behind unanswered questions. A missing will, outdated paperwork, or a deed that does not match the family’s expectations can turn a…

The Texas Tribune

Cornyn reaches deal to scrap DOJ anti-weaponization fund, ending Blanche standoff

Cornyn said he will vote to advance Todd Blanche’s nomination after the acting attorney general formally rescinded the fund and clarified the scope of a tax audit shield for President Trump and his circle.

Kiplinger

Can You Actually Get Paid to Care for an Aging Parent?

Learn how to tap Medicaid or other programs for income in this week's Wealth Wise advice column. You may be able to balance caregiving with your career.

Benzinga

Todd Blanche Says 'Good Faith Discussions' Led to Termination of Trump's $1.8 Billion Fund Ahead of Senate Vote

Acting Attorney General Todd Blanche formally rescinded President Donald Trump’s $1.8 billion "anti-weaponization" fund on Sunday after negotiations with Republican senators whose opposition had jeopardized his nomination ahead of Tuesday’s Senate Judiciary Committee vote.

The Independent UK

Todd Blanche has agreed to put in writing that Trump ‘weaponization fund’ is dead, holdout GOP senator says

The statement all but guarantees that Blanche will be confirmed as attorney general this week

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