IRS News Today (November 25, 2025): Scholarship Tax Credit, ICE Data-Sharing Ruling, Jim Justice $5M Tax Case and Stimulus Check Rumors
On Tuesday, November 25, 2025, the Internal Revenue Service (IRS) sits at the center of several big storylines: a brand‑new federal tax credit for K‑12 scholarships, a major court ruling limiting how IRS data can be shared with immigration authorities, a multimillion‑dollar tax settlement involving Sen. Jim Justice, new guidance for tipped and overtime workers, and a wave of confusing “stimulus” rumors ricocheting around the internet. Here’s a roundup of what matters — and what’s just noise — in IRS news today. New federal tax credit for K‑12 scholarship donations The headline policy move from the IRS today is a