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U.S. Financial News — IRS, Social Security & Federal Payments, Explained

Author: Adarsha Dhakal

Federal Reserve Payment Account Proposal Explained: Nonbank Access, Fedwire, and FedNow Rules
Federal Payments

Federal Reserve Payment Account Proposal Explained: Nonbank Access, Fedwire, and FedNow Rules

Adarsha DhakalJuly 16, 2026July 21, 2026

The public comment period on the Federal Reserve’s Payment Account proposal closed July 27, 2026, is set to close, with…

Trump Dollar Coin and the 1866 Currency Law: Treasury Interpretation and Legal Framework
Treasury Liquidity

Trump Dollar Coin and the 1866 Currency Law: Treasury Interpretation and Legal Framework

Adarsha DhakalJuly 16, 2026July 21, 2026

Treasury Secretary Scott Bessent has announced that U.S. Mint production of the commemorative dollar coin will proceed, based on an…

Federal Reserve PCE Methodology Change Explained: Inflation Measurement and Policy Impact
Federal Reserve Policy

Federal Reserve PCE Methodology Change Explained: Inflation Measurement and Policy Impact

Adarsha DhakalJuly 16, 2026July 21, 2026

The Bureau of Economic Analysis has confirmed that revised Personal Consumption Expenditures price data, reflecting new methodology in three categories,…

Kevin Warsh as Federal Reserve Chair: Policy Independence, Political Pressure, and Market Response
Federal Reserve Policy

Kevin Warsh as Federal Reserve Chair: Policy Independence, Political Pressure, and Market Response

Adarsha DhakalJuly 15, 2026July 21, 2026

Federal Reserve Chairman Kevin Warsh told the House Financial Services Committee on July 14, 2026, that he would “continue to…

IRS CP53E Notice: How to Verify Legitimacy, Scam Warnings, and What to Do
IRS Notices

IRS CP53E Notice: How to Verify Legitimacy, Scam Warnings, and What to Do

Adarsha DhakalJuly 15, 2026July 21, 2026

The Taxpayer Advocate Service confirmed in May 2026 that Notice CP53E is a genuine IRS notice, while warning that fraudulent…

IRS Paper Check Phase-Out 2026: Delays, Impact on 830,000 Filers, and Alternative Payment Options
Refund Status

IRS Paper Check Phase-Out 2026: Delays, Impact on 830,000 Filers, and Alternative Payment Options

Adarsha DhakalJuly 15, 2026July 21, 2026

House Ways and Means Committee Democrats confirmed in a March 9, 2026 letter that the IRS had issued roughly 530,000…

Social Security Maximum Benefit 2026: Who Qualifies for $5,181 and How Payments Are Calculated
SSA News

Social Security Maximum Benefit 2026: Who Qualifies for $5,181 and How Payments Are Calculated

Adarsha DhakalJuly 15, 2026July 21, 2026

The Social Security Administration confirms that a worker who delays claiming until age 70 in 2026, after 35 years of…

What Happens When You Cross the $500,000 Income Threshold?: Tax Brackets, IRS Rules, and Financial Impact
Tax Filing

What Happens When You Cross the $500,000 Income Threshold?: Tax Brackets, IRS Rules, and Financial Impact

Adarsha DhakalJuly 14, 2026July 21, 2026

For tax year 2026, the SALT deduction phase-out for single and joint filers begins at $505,000 in modified adjusted gross…

At What Age Is Social Security No Longer Taxed: Federal Rules, State Rules, and Income Thresholds
Retirement Benefits

At What Age Is Social Security No Longer Taxed: Federal Rules, State Rules, and Income Thresholds

Adarsha DhakalJuly 14, 2026July 21, 2026

The federal combined income thresholds that determine whether Social Security benefits are taxed remain unchanged for 2026 at $25,000 and…

SpaceX IPO and Market Impact: What Treasury and Federal Reserve Investors Should Know
Treasury Liquidity

SpaceX IPO and Market Impact: What Treasury and Federal Reserve Investors Should Know

Adarsha DhakalJuly 14, 2026July 21, 2026

SPCX shares are trading around $145 to $146, roughly flat against the $135 IPO price and down more than 35…

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