The financial news that actually matters
Covers tax deadlines, filing updates, government changes, and important financial calendar events. It ensures readers stay updated with time-sensitive financial requirements.
Parents who borrowed federal PLUS loans to help pay for a child’s college education face a hard deadline that could strip away their only path to income-based monthly payments. The U.S. Department of Education issued guidance on July 18, 2025, stating that provisions of the One Big Beautiful Bill Act take effect immediately upon enactment,…
U.S. citizens and resident aliens living outside the country face a hard deadline next Monday, June 15, to file their 2025 federal income tax returns. The date applies to calendar-year filers whose tax home and abode were outside the United States and Puerto Rico on April 15, 2026, the standard filing deadline. While the two-month…
Tens of thousands of Arizona residents who relied on the Supplemental Nutrition Assistance Program have lost access to food benefits since the federal government began enforcing expanded work requirements under the One Big Beautiful Bill Act of 2025. The drop, which exceeds half of the affected caseload, has hit adults without dependents hardest and triggered…
Taxpayers who requested extra time to file their 2025 returns but still owe money to the IRS will pay more for that delay starting July 1, 2026. The agency’s underpayment interest rate jumps from 6% to 7% for the third quarter, a full percentage point increase that raises the daily cost of carrying an unpaid…
Tens of millions of taxpayers who paid late-filing or late-payment penalties on returns from 2020 through 2023 could be sitting on unclaimed refunds, but the window to act closes on July 10, 2026. The catch: claims must be submitted on paper using IRS Form 843, and electronic filing is not an option. The National Taxpayer…
Self-employed workers, freelancers, and investors who earn income not subject to payroll withholding face a hard deadline on Monday, June 15, 2026. That is the due date for the second quarterly estimated tax installment covering income received between April 1 and May 31. Missing it triggers a penalty calculated under federal statute, and the IRS…
U.S. banks and credit unions that want to route cross-border payments through the Federal Reserve’s instant-payment rail have one day left to weigh in. The Federal Reserve Board’s proposal to let domestic institutions use intermediaries on the FedNow Service, filed as Proposal R-1891, closes for public comment on June 9, 2026. The change would extend…
Millions of taxpayers who did not file their 2025 federal returns by the April 15 deadline still have a free electronic filing option open to them. The IRS confirmed in IR-2026-71 that its Free File program remains available at no cost through Oct. 15, giving late filers a way to submit returns electronically and avoid…
U.S. citizens and resident aliens living overseas face a hard deadline of June 15 to file their 2025 federal tax returns under the automatic two-month extension granted to qualifying expats. With just seven days left in the window, filers who have not yet submitted their returns risk late-filing penalties and accruing interest on any unpaid…
Students borrowing federal Direct Loans after July 1, 2026, will face a sharply narrowed set of repayment choices. Under the reconciliation law signed on July 4, 2025, the Repayment Assistance Plan is the sole income-driven repayment option for those new borrowers, replacing every legacy IDR plan that existed before. The change, enacted as P.L. 119-21…