Audit triggers, enforcement actions, compliance requirements, reporting thresholds, IRS technology changes, and taxpayer rights.
The excise tax on an RMD failure is calculated on the missing distribution, not on the entire retirement account, and current law rewards a correction...
Federal law has reopened a deduction for personal vehicle interest, but only for a narrowly defined loan on a newly purchased, U.S.-assembled vehicle. The annual...
The new overtime deduction is built around a surprisingly small slice of an overtime paycheck: the premium required by the Fair Labor Standards Act, not...
A new federal deduction can remove as much as $25,000 of qualifying tip income from taxable income for 2026, but it does not make every...
The basic federal deduction rises again for 2026, sheltering a larger slice of income before tax rates apply. The change does not create a matching...
The IRS is moving a common penalty waiver from a taxpayer request to the return-processing system, using prior compliance as the eligibility test. The new...
The new senior deduction can remove as much as $6,000 per eligible person from taxable income, but it is neither a $6,000 refund nor a...
Taxpayers who have filed and paid on time for the past three years will no longer need to call the IRS or submit paperwork to...
Millions of taxpayers expecting paper refund checks from the IRS after Sept. 30, 2025, will instead receive a notice telling them to provide direct-deposit details...
Thousands of taxpayers pay IRS penalties every year that they could have had wiped clean, simply because they never asked for relief. The agency’s First...
Taxpayers facing a large IRS balance they cannot pay in full now have a clear, statute-backed path to break that bill into monthly chunks, and...
Any taxpayer who files a federal return without a required six-digit Identity Protection PIN risks an outright rejection from the IRS, a consequence that can...
Taxpayers with a clean compliance record will no longer need to call the IRS, write a letter, or file paperwork to get a first-time penalty...
Criminals who steal Social Security numbers to file bogus federal tax returns and collect fraudulent refunds now face a simple but effective barrier: a free...
Taxpayers who filed their 2025 returns without providing bank account information now face a new obstacle: the IRS will hold their refund for up to...
Every tax season, identity thieves race to file fraudulent returns using stolen Social Security numbers, often collecting refunds before the real taxpayer even logs in....
More than a million taxpayers saw their refunds delayed by roughly five and a half extra weeks during the 2026 filing season after the IRS...
Separated and divorced taxpayers facing IRS collection notices for debts their former spouses secretly created have a specific federal remedy available, but an independent government...
The Internal Revenue Service’s internal watchdog reports that the agency has already processed nearly 139 million individual tax returns this filing season and issued more...
Millions of Americans carrying older tax debts face a ticking clock that rarely runs in a straight line. Federal law gives the IRS 10 years...
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Keep more of your money in retirement
Plain-English help keeping more of your money in retirement. The free Retirement Shield newsletter covers the benefits, deadlines, and money mistakes that cost retirees.