YOU WONT BELIEVE: 16 - What They Never Told You

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 · Jul 20

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 · Jul 20

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 · Jul 20

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 · Jul 17

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 · Jul 17

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 · Jul 17

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 · Jul 17

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 · Jul 16

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 · Jul 15

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 · Jul 15