Is the IRS aware when you purchase gold?
Gold Investment Insights In recent months, there’s been a noticeable uptick in gold prices, with the current rate exceeding $4,620 an ounce—an all-time high. This surge has understandably caught the eye of many investors, especially given the current economic climate. Gold is increasingly viewed as an appealing method to diversify portfolios, attract quick returns, and […]
CAIR-California sent to IRS for tax-exempt status investigation by House chairman
CAIR California Under Fire for Tax-Exempt Status The California chapter of the Council on American-Islamic Relations (CAIR) is facing significant scrutiny after Jason Smith, the House Ways and Means Chairman, requested that the IRS investigate whether the nonprofit should maintain its tax-exempt status. This move comes amid accusations of misappropriating taxpayer funds, potential federal law […]
IRS announces the start date for the 2026 tax season and important updates that will impact your refunds
IRS Announces Start of 2026 Tax Filing Season The Internal Revenue Service has officially announced the beginning of the 2026 tax filing season and highlighted a number of changes that will impact many taxpayers. Starting on Monday, January 26, 2026, the IRS will accept federal tax returns for the 2025 tax year, with the deadline […]
Key IRS update: Opening day for the 2026 tax filing season
Upcoming Tax Season Details Revealed We now have the confirmed start date for when the Internal Revenue Service will begin processing tax returns this year. Officials have announced that the tax filing season will kick off on Monday, January 26. While you can submit your return before this date, it won’t be processed until January […]
Dates for the 2026 tax filing season have been revealed by the IRS
The panel on The Big Money Show is set to discuss some intriguing topics, including Wall Street’s ambitious forecasts for 2026, the surge in AI’s impact on the economy, and how Donald Trump’s policies might kick off the next significant market rally. The IRS made an announcement on Thursday regarding the 2026 tax filing season, […]
What you need to know to increase your tax refund in 2026 with new IRS rules
The One Big Beautiful Bill Act, signed by President Donald Trump in July, is poised to offer taxpayers more substantial refunds during the 2025 tax season. According to the Tax Foundation, an independent think tank based in Washington, D.C., average taxpayers may see refunds increase by $300 to $1,000 when they file taxes in early […]
The IRS can target the financial impact of political violence.
Political violence in the U.S. is no longer just a distant concern; it’s happening right before our eyes. From assassination attempts to targeted harassment and violent protests, these incidents are unfortunately growing more common. We’ll have a reminder in November to keep this on your radar. Surveys indicate that a significant number of Americans believe […]
IRS offers advice to navigate significant tax changes coming in 2026.
Tax Season Preparation Tips As tax season draws near, it’s a good idea for taxpayers to start preparing, even though it’s early to file returns. The Internal Revenue Service (IRS) has shared some tips that can help individuals understand the changes they might face when filing their 2026 taxes. Here are some important topics to […]
How to submit taxes at no cost in 2026, following the removal of IRS Direct File
IRS Discontinues Direct File Service The IRS Direct File, which was a free online platform for federal tax submissions, came to an end in 2026. In 2025, around 300,000 individuals used the IRS Direct File. So, do they now have to navigate the tax landscape without a similar option, like countless others looking to file […]
New cars manufactured in the USA are eligible for Trump tax benefit, according to the IRS.
January 1, 2026, 9:11 a.m. ET Taxpayers purchasing a new vehicle in 2025 might qualify for significant tax breaks next filing season, provided the vehicle is produced in the United States, according to the Internal Revenue Service. Those interested should check their vehicle information labels (VINs) to see if their 2025 purchases are eligible for […]