Recent Posts
Still Waiting On Your Tax Refund? The IRS Says Relief May Be Coming This MonthJune 8, 2026 - 5:43 pmTwo groups are more likely to still be waiting for their tax refund: taxpayers who filed under extended deadlines and those whose refunds were delayed because of missing banking information. The delays also come during a tax season that has seen significantly larger refunds. However, according to the IRS, relief may be on the way this month.
Tax Season May Be Over, But Many Seniors Are Still Getting Hit With Surprise Bills They Didn’t See ComingJune 1, 2026 - 8:14 pmAcross the country, seniors are opening IRS notices, learning they owe additional taxes, or discovering penalties they never expected. The issue often stems from the increasingly complex nature of retirement income. Social Security benefits, pensions, retirement account withdrawals, investment earnings, and Medicare-related costs.
IRS Raises 2026 Tax Brackets And 401(k) Contribution Limits, As House Backs Taxpayer Rights BillMay 25, 2026 - 1:07 pmFor 2026, the IRS has raised federal income tax bracket thresholds and standard deductions to reflect inflation. The IRS also raised retirement contribution limits for 2026. Meanwhile, the House passed a bipartisan bill to pause refund deadlines and protect judicial review during IRS collection actions.
IRS Sending More ‘Math Error’ Letters To Taxpayers: Don’t Panic — Here’s WhyMay 18, 2026 - 9:10 pm“Math Error Notices” are sent when the IRS believes a tax return contains a mathematical or clerical mistake. That could include simple calculation errors, missing information, incorrect tax credits, or income figures that do not match IRS records. What is changing now is the level of detail the IRS must provide.
IRS May Owe You A Refund For COVID-Era Fines. Here’s How To ApplyMay 11, 2026 - 7:41 pmThe IRS issued penalties for late tax filings, unpaid taxes, or missed estimated tax payments between January 2020 and July 11, 2023 during the COVID-19 pandemic. Millions of taxpayers may be eligible for refunds from those fines. However, relief is not automatic for most taxpayers and a claim must be submitted for a refund or penalty abatement by July 10.
Five Things To Know About Trump’s New Retirement Plan — Including A $1,000 Government MatchMay 4, 2026 - 6:58 pmRoughly 54 million Americans lack access to an employer-sponsored retirement plan. And for most people personal discipline is not enough to build long-term savings. An executive order from President Trump aims to change that. Here are five key takeaways.
This New Tax Plan Could Wipe Out Federal Income Taxes For MillionsApril 27, 2026 - 6:14 pmThe Working Americans’ Tax Cut Act could eliminate federal income taxes for millions and reduce them for many more. While still just a proposal, it highlights a growing push to use tax policy to address rising living costs.
Now That You’re Done With Your Taxes, Here’s What To Know For 2026April 20, 2026 - 7:28 pmWhile the 2025 filing year has wrapped up for most people, recent tax law changes—some introduced last summer and others already in effect—are still shaping how you should approach the year ahead. Here are the key moves to consider for 2026.
Tax Refund 2024 Payment: How Much Could The IRS Payment Increase This Year?
Many Americans are wondering what changes they can expect in their tax refund checks for 2024, especially after the unexpected reduction in refunds due to the expiration of pandemic-era federal benefits last year. The good news is that taxpayers might be in for a pleasant surprise this year, with the potential for larger refunds.
Seven Tips These Experts Recommend if You Fear Capital Gains Taxes
The gains you make on investments can help fund further investments, help you save for a project you’re taking on or even contribute to your retirement. Many people are nervous to invest though because of the potential capital gains taxes they’ll have to pay — or the taxes owed on any profit made on the sale of a particular investment. Financial and investment experts, however, say this fear shouldn’t keep you from investing and explain why as well as give their best advice.
When Does The IRS Start Processing Tax Returns With Child Tax Credit?
For those eagerly awaiting their tax returns, understanding the processing timelines is crucial. The IRS provides valuable information to address common queries and concerns in return processing, especially when claiming the Child Tax Credit.