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REVEALED: 8 | Rare Historical Photos

The 40-Year Retirement Rule: How to Prepare Your Taxes for a Longer Life

The 30-year retirement rule is outdated. Is your tax strategy ready for what comes next?

Kiplinger

Ages 60 to 63: How the New Catch-Up Contribution Rules Change Retirement Saving

Retirement planning sometimes feels like a race where the finish line keeps moving. For workers ages 60 to 63, new 2026 catch-up contribution rules create a bigger lane for saving during those important final working years. The change gives eligible employees a chance to put more money into certain workplace…

The Free Financial Advisor

Capital One bank cites money-laundering probe to justify closing Trump Organization accounts

Capital One Financial on Friday defended its decision to close more than 300 Trump-affiliated bank accounts back in 2021, stating that it did so after a money-laundering review. The ‌disclosure marks the first time a bank has formally tied money-laundering concerns to US President Donald Trump's family business.

France 24

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Trump Rejects DOJ's Findings, Kelly Warns Democrats, Warren Backs Trump on Debt Ceiling and More: This Week in Politics

As the week winds down, here’s a quick look at the top political stories that made headlines.

Benzinga

Trump vows to push $1.8bn slush fund as Senate committee set to reconsider AG nomination

After declaring ‘anti-weaponization’ fund ‘dead’, Trump reverses and says he’ll revive it despite Senate opposition

The Guardian - US

A Practical Guide to IRS Notice Mistakes That Can Turn a Small Tax Issue Into a Bigger Bill

A letter from the IRS can instantly make a calm afternoon feel like a tax-season jump scare. Many people see an IRS notice and assume the worst, but a notice often starts a conversation about a tax account issue rather than announcing disaster. The real trouble begins when small mistakes,…

The Free Financial Advisor

MAGA education charity may be a scam

Nick Adams has brought in millions in donations. Much of that money goes to him

Salon

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Trump Fights Back After Judge Calls His $10 Billion IRS Lawsuit 'Bad Faith'— Mourns Loss of Scrapped $1.776 Billion Fund: 'There Are a Lot of People...'

On Friday, President Donald Trump appealed a federal judge’s finding that his $10 billion IRS lawsuit was filed in bad faith, while expressing disappointment that the controversial $1.776 billion "lawfare" fund tied to the proposed settlement had been scrapped.

Benzinga

Gavin Newsom reveals four years’ worth of taxes as he moves closer to possible run in 2028

The outgoing Democratic governor of California says he’ll decide on a White House bid after November’s midterm elections

The Independent UK

Trump Re-Ups the Anti-Weaponization Fund, Reinforcing the Demand That Todd Blanche Kill It for Good

The president is still pushing the idea of using taxpayer money to reward Capitol rioters, contradicting the attorney general nominee's assurance that it won't happen.

Reason

Trump tells Americans ‘you’re not going to get anybody better’ than Todd Blanche for AG. Here’s what he really means

ANALYSIS: The ‘slush fund’ may be dead but Trump isn’t killing or even narrowing his IRS immunity deal brokered by the man he wants running the DOJ, Alex Woodward writes

The Independent UK

How to Roll Over Your IRA to Gold Without Penalty

Learn how to roll over an IRA or 401(k) into a gold IRA without penalties, including IRS rules, approved gold, rollover steps, and common mistakes.

International Business Times

Trump ignored warnings and betrayed a Texas Republican. That personal vendetta could cost him the Senate

ANALYSIS: Trump’s decision to throw John Cornyn and Thom Tillis under the bus might cost him for the remainder of his presidency, Eric Garcia writes. Worse, he refuses to learn from the mistake

The Independent UK

Ask the Tax Editor, July 31: Questions on Income Tax Credits

In this week's Ask the Editor Q&A, Joy Taylor explains the difference between refundable and nonrefundable tax credits and answers more questions from readers.

Kiplinger

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The Guardian - US

Trump defends $1.8bn slush fund that is holding up Todd Blanche confirmation

President calls for former personal defense lawyer to be ‘immediately approved’ as attorney general

International Business Times UK

August 2026 Stimulus Check Update: IRS Debunks $2,000 Tariff Refund Direct Deposit Rumours

The IRS has confirmed there is no new August 2026 stimulus check on the way, despite viral claims of a $2,000 'tariff refund' tied to Donald Trump's proposals.

Saving Advice

Free Tax Counseling Programs for Seniors Are Already Preparing for the Next Filing Season

Most people don’t think about taxes until January, but the volunteers who help millions of older Americans file for free are already preparing for next...

The Guardian - US

Trump’s tax immunity scheme hoists president by his own petard on Blanche AG nomination

Republican senators sought written limits on settlement, but president held firm despite risk to attorney general pick

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The Texas Tribune

Trump says he will pull Blanche’s attorney general nomination until Cornyn leaves office

The president suggested Cornyn was holding up Todd Blanche’s nomination because he endorsed Ken Paxton over the senior senator. Cornyn said it has nothing to do with their political history.

Reason

Todd Blanche's Nomination Is in Trouble. It Should Have Been Doomed From the Beginning.

By haggling over the details of Trump's flagrantly corrupt IRS "settlement," dissenting Republican senators give a pass to Blanche's unethical and illegal approval of it.

Roll Call

IRS modernization bill approved by Senate panel

The Senate Finance Committee advanced a bipartisan tax administration package Thursday aimed at modernizing the IRS, improving customer service and strengthening taxpayer rights. The committee voted, 26-1, to approve the sprawling tax modernization bill, which encompasses a laundry list of tax provisions including some proposals that have already gotten backing…

The Independent UK

Todd Blanche’s attorney general nomination in jeopardy as Trump threatens to withdraw his name

IN FULL

The Independent UK

Trump’s former ally threatens to derail Todd Blanche over DOJ ‘slush fund’

IN FULL

Kiplinger

Cut Your Taxes With Tax-Loss Harvesting in 2026

Turn market drops into lower taxes by offsetting your capital gains.

The Guardian - US

Senate’s latest effort to halt Trump’s Iran hostilities fails in 49-50 vote as some Republicans side with Democrats – as it happened

Republicans senators Susan Collins, Lisa Murkowski and Rand Paul voted in favor of the motion to prevent Trump from continuing hostilities against Iran. This blog is now closed.

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