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IRS

Retirement Reality Check: Some Americans Will Lose Popular Tax Break in 2026

Key Takeaways Rule Change Hits in 2026: High earners making $145,000 or more will lose the ability to make pre-tax 401(k) catch-up contributions. More Taxes, Less Flexibility: All additional contributions must now go into Roth accounts, meaning taxes are paid upfront...

IRS Goes Dark: Taxpayers Brace for Delays as Shutdown Enters Second Week

Key Takeaways: IRS Cuts Nearly Half Its Staff: About 34,000 IRS employees have been furloughed as the government shutdown drags into its second week, leaving call centers closed and key services stalled. Essential Functions Continue: Only 54 percent of the workforce will remain...
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Latest News

Trump Redraws Gulf Map, Reopens California Waters in Major Energy Revival

Key Takeaways Aggressive Energy Expansion: The Trump administration proposes up to 34 offshore lease sales from 2026 to 2031, including the...
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