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REVEALED: 7 | Vintage Vibes

'Congress Could Impeach' Trump Over $1.7B Fund Drawn from Public Money, Says Melber

MSNBC host Ari Melber suggests impeachment for Trump over a $1.7 billion fund, raising concerns about executive power and taxpayer money usage amid political tensions.

International Business Times UK

Democrats Are Slamming Trump's Proposed $1.7 Billion IRS Settlement as a 'Plunder'

Democrats condemn a reported $1.7bn Trump IRS settlement as a taxpayer 'slush fund' for his allies as an approaching court deadline intensifies scrutiny of the opaque proposed deal.

International Business Times UK

Trump may settle his lawsuit against IRS for $1.7bn fund to compensate allies

In unprecedented self-dealing maneuver, billions of taxpayer dollars could be paid to US president and his allies

The Guardian - US

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New Rule Requires Venmo and PayPal Users to Verify Tax Info—or Risk Losing Access

Digital payments keep reshaping how money moves across the United States, but a new layer of scrutiny now changes the game for millions of users. Venmo and PayPal users face growing pressure to verify tax information as financial regulators push for tighter reporting standards. Platforms that once felt casual and…

The Free Financial Advisor

Millions Of Americans Are Missing Out On The SALT Deduction

The SALT deduction, which stands for state and local taxes, continues to play a significant role in how Americans calculate their federal tax bills. Many households in high-tax states rely on this deduction to soften the blow of property taxes, income taxes, and sales taxes. Federal tax law allows taxpayers…

The Free Financial Advisor

Car Loan Interest Deductions Are Returning—But Millions May Not Qualify

The idea of deducting car loan interest from taxes is suddenly back in the spotlight, and it’s stirring up excitement across the financial world. For years, most Americans haven’t been able to write off interest on personal auto loans, but new policy discussions could reopen that door in a limited…

The Free Financial Advisor

IRS Audit Rates Are Increasing for Middle-Income Earners—Here’s Why

For years, many middle-income Americans treated IRS audits like lightning strikes—rare, random, and mostly aimed at millionaires with offshore accounts and yachts parked somewhere in Monaco. That assumption no longer matches reality. The IRS has quietly shifted its attention toward taxpayers earning ordinary incomes, and plenty of filers now face…

The Free Financial Advisor

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Trump expected to drop $10B lawsuit against IRS

IN FULL

The Independent UK

What Happens If You Cash Out a 529 Plan in 2026?

College costs continue to climb faster than a summer gas bill, so millions of Americans stash money inside 529 plans to protect their future budgets. Those accounts offer juicy tax advantages, flexible investment choices, and powerful long-term growth, but cashing one out without a strategy can create a financial mess…

The Free Financial Advisor

5 Financial Transactions That Now Trigger the IRS’s New 1% Remittance Tax

Sending money overseas suddenly got more expensive, and plenty of Americans have no idea the change even happened. The IRS’s new 1% remittance tax now applies to certain international money transfers, adding another fee to transactions that millions of families already depend on every month. For households sending support to…

The Free Financial Advisor

Trump Expected To Drop $10 Billion IRS Lawsuit For $1.7 Billion Fund For Allies

President Donald Trump is expected to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for a proposed $1.7 billion compensation fund for allies who say the Biden administration wrongfully targeted them.

International Business Times

Overlooked Tax Credits That Could Save You Thousands This Year

Tax season usually sparks two emotions: dread and confusion. Most Americans scramble to find receipts, pray for a decent refund, and hope they didn’t accidentally anger the IRS with a typo. Meanwhile, billions of dollars in tax credits sit untouched every year because people simply don’t realize they qualify. That’s…

The Free Financial Advisor

Trump to drop $10B IRS tax lawsuit in return for a billion-dollar compensation fund: report

Trump filed the $10 billion lawsuit against the IRS in January, alleging they failed to stop the unauthorized release of his tax returns

The Independent UK

Police Warn: The New Door-Knocking Scam Targeting Men — Don’t Get Fooled

A knock at the door used to mean a package delivery, a neighbor borrowing sugar, or kids selling fundraiser popcorn. Now, police departments across the country warn that some scammers use the front porch as a hunting ground, and men often land directly in the crosshairs. These schemes look casual,…

Clever Dude

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Kiplinger

Ask the Tax Editor, May 15: Deductions for Self-Employed Retirees

In this week's Ask the Editor Q&A, Joy Taylor answers questions on available tax breaks for retirees with a side hustle.

International Business Times UK

Trump Accused of Betraying Police With Shocking $1B 'Thug Fund' Scheme

Critics accuse Trump of using taxpayer money to fund a controversial $1 billion compensation scheme tied to January 6 defendants, sparking outrage over alleged betrayal of police.

We Got This Covered

Donald Trump ready to drop $10 billion IRS lawsuit? Apparently, it’s in exchange for a deal directly benefitting his most loyal political allies

Jan. 6 defendants are on the list.

International Business Times UK

TPUSA's Alleged Fundraising Letters Spark Outrage With 'Desperate' Claims of 'Freeing Children From the Far Left'

Turning Point USA faces scrutiny after alleged fundraising letters referencing Charlie Kirk's assassination circulated online, raising questions over the group's financial practices.

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Kiplinger

How a New Fed Chair Could Impact Your Tax Bill in 2026

As Kevin Warsh prepares to lead the Federal Reserve, interest rate policy will shape household earnings and taxable income.

Saving Advice

The New IRS Withholding Quirk Making Some Service-Industry Seniors Think Their Tips Are Tax-Free

Many older Americans are returning to work in restaurants, salons, casinos, hotels, and other service jobs to supplement retirement income. Recently, some of those workers...

The Independent UK

‘This is not feeding the poor’: Nonprofit raises legal alarms by funding bodyguards for conservative influencers

Nonprofit experts said the fund’s donations to for-profit content creators could run afoul of the law

Clever Dude

Retirement Slip-Ups That Can Land You in Legal Trouble — 5 Habits You Must Avoid

Retirement should feel like freedom, not a courtroom drama mixed with a tax audit and a stack of angry paperwork. Yet thousands of retirees across America accidentally step into legal and financial trouble every year because of small habits that seem harmless at first. One forgotten tax form, one “under-the-table”…

International Business Times UK

No Books, Two Golden Statues: Trump's $130 Million Miami 'Presidential Library' Skyscraper Hit With Lawsuit

Donald Trump's planned $130M Miami presidential library skyscraper faces a lawsuit from residents alleging a $10 land deal breach of the US Constitution, questioning its commercial design.

Kiplinger

Sunscreen, Shades and Meds: 11 Travel Must-Haves That Are Totally HSA Eligible

Traveling but forgot some essentials? Give yourself a "tax discount" on vacation necessities using your health savings account by following these IRS rules.

Fortune

North Korean operatives stole $2 billion last year—and financial firms are the next target

A new CrowdStrike report shared exclusively with Fortune reveals DPRK-linked hackers tripled their attack pace in a single quarter and U.S. financial firms are in their crosshairs.

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