TreasuryDepartment

IRS Approves $2,000 Direct Deposit for December, Check Your Eligibility Here

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IRS Approves $2,000 Direct Deposit

In recent weeks, claims about a $2,000 direct deposit supposedly approved by the Internal Revenue Service (IRS) for December 2025 have circulated widely online. Many Americans have been eager for financial relief as living costs remain high, but no official federal program or IRS announcement confirms such a payment. Officials have clarified that no new … Read more

Goodbye to the penny—The United States stops manufacturing the historic one-cent coin after more than two centuries in circulation

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Goodbye to the penny

After 230 years, one of America’s most recognizable coins has reached the end of its journey. The U.S. Mint has officially stopped producing the penny, also known as the one-cent coin. The last pennies were minted in Philadelphia in May 2025, closing a long and symbolic era that began in 1787. While the penny will … Read more