
Social Security Lump Sum: A Key Tax Rule You Must Know
Receiving a large Social Security back payment can trigger a major tax bill. Learn about a crucial IRS rule that could save you thousands by letting you reallocate the income to prior years.
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Receiving a large Social Security back payment can trigger a major tax bill. Learn about a crucial IRS rule that could save you thousands by letting you reallocate the income to prior years.

U.S. homeowners have until December 31, 2025, to claim a 30% federal tax credit for energy-efficient home upgrades, with annual limits up to $2,000.

A new bipartisan bill heading to the President's desk will require the IRS to make its 'math error' tax notices clearer and easier for taxpayers to resolve.

The IRS has adjusted 2026 tax brackets and standard deductions for inflation, a move that could lower tax bills for many Americans when they file in 2027.

The IRS has officially released the updated federal income tax brackets for the 2026 tax year, adjusting income thresholds to account for recent inflation.

The IRS has officially released the inflation-adjusted federal income tax brackets and standard deduction amounts for the 2026 tax year.

The IRS has reverted the Form 1099-K reporting threshold to $20,000 and 200 transactions for the 2025 tax year, reversing a plan to lower the limit.

The IRS has announced inflation-adjusted capital gains tax brackets for 2026, raising the income threshold for the 0% rate for investors and retirees.

The IRS is furloughing nearly 47% of its workforce, or over 34,000 employees, due to the U.S. government shutdown, halting refunds and most taxpayer services.

The IRS has issued final regulations for the SECURE 2.0 Act, requiring high-income earners to make catch-up retirement contributions to Roth accounts starting in 2026.

Strategy Inc. shares rose after new U.S. Treasury guidance exempted the company from a 15% tax on its vast unrealized Bitcoin gains, boosting investor confidence.

The U.S. government is ending paper checks for Social Security and IRS tax refunds, moving all payments to direct deposit or government-issued debit cards.