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Category: IRS News

Follow the latest IRS news, official announcements, policy updates, tax administration changes, enforcement developments, and newsroom releases directly affecting U.S. taxpayers.

The Hidden IRS Rule That Wipes Out Your Retirement Tax Hit
IRS News

The Hidden IRS Rule That Wipes Out Your Retirement Tax Hit

Adarsha DhakalJuly 4, 2026July 4, 2026

The Internal Revenue Service enforces a hard deadline most retirement savers underestimate every year. Required minimum distributions apply the moment…

The Secret 401k Move That Declares Financial Independence Today
IRS News

The Secret 401k Move That Declares Financial Independence Today

Adarsha DhakalJuly 4, 2026July 4, 2026

Federal retirement rules governing catch-up contributions changed permanently for the 2026 tax year. Workers nearing retirement now have a narrow…

New IRS Form 990 Rules: 5 Key Changes Impacting Wealthy Donors
IRS News

New IRS Form 990 Rules: 5 Key Changes Impacting Wealthy Donors

Adarsha DhakalJune 21, 2026July 1, 2026

Updated: June 22, 2026 – The U.S. Department of the Treasury and the IRS are processing public responses to the…

IRS Will Deposit $1,000 Into Your Retirement Account — Do You Qualify?
IRS News

IRS Will Deposit $1,000 Into Your Retirement Account — Do You Qualify?

Adarsha DhakalMay 9, 2026July 1, 2026

LAST UPDATE May 9, 2026 • 9:18 AM ET The IRS Savers Match program, established under the SECURE 2.0 Act…

IRS Is Stopping Paper Refund Checks — Here’s What to Do Now
IRS News

IRS Is Stopping Paper Refund Checks — Here’s What to Do Now

Adarsha DhakalMay 9, 2026July 1, 2026

LAST UPDATE May 9, 2026 • 8:44 AM ET Executive Order 14247, signed in 2025, directs the Treasury Department to…

Judge Questions Legal Basis For Trump’s $10 Billion IRS Lawsuit
IRS News

Judge Questions Legal Basis For Trump’s $10 Billion IRS Lawsuit

Adarsha DhakalApril 26, 2026July 1, 2026

LIVE UPDATE April 26, 2026 • 9:35 AM ET A federal judge has ordered Trump’s legal team and the Department…

60 Million Americans Claimed Trump Tax Cuts: How Much They Saved
IRS News

60 Million Americans Claimed Trump Tax Cuts: How Much They Saved

Adarsha DhakalApril 25, 2026July 1, 2026

Sixty million Americans claimed at least one of the new Trump tax cuts on their 2025 tax return this filing…

Trump and IRS in Settlement Talks Over $10 Billion Tax Record Lawsuit
IRS News

Trump and IRS in Settlement Talks Over $10 Billion Tax Record Lawsuit

Adarsha DhakalApril 19, 2026July 1, 2026

LIVE UPDATE April 21, 2026 • 4:16 AM ET On April 17, 2026, lawyers for President Trump and the IRS…

4 Million Children Enrolled in Trump Accounts as IRS Hits Milestone
IRS News

4 Million Children Enrolled in Trump Accounts as IRS Hits Milestone

Adarsha DhakalApril 12, 2026July 1, 2026

Last UPDATEd April 12, 2026 • 5:40 AM ET The IRS confirmed in IR-2026-42 (March 31, 2026) that taxpayers have…

Trump Accounts Explained: How the $1,000 Child Savings Program Works
IRS News

Trump Accounts Explained: How the $1,000 Child Savings Program Works

Adarsha DhakalApril 11, 2026July 1, 2026

Trump Accounts are a new type of tax-deferred savings account created specifically for children under the age of 18. Established…

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