News
What's happening — and what it means for your wallet. Updated daily.
What's happening — and what it means for your wallet. Updated daily.
The Internal Revenue Service has announced an extension for taxpayers in specific Indiana counties impacted by recent weather disasters. Thi…
In Charlottesville, Virginia, a local initiative called CASH is stepping up to offer much-needed tax season assistance to its community. Thi…
A recent report from Spectrum News highlights a growing concern among taxpayers: are IRS staffing cuts directly impacting the speed at which…
A recent development in tax law, as reported by the Journal of Accountancy, centers on a court's denial of a motion for a more definite stat…
Staying on the right side of the IRS doesn't require a degree in tax law, but it does demand diligence. Forbes recently outlined ten essenti…
Recent reports indicate a significant nonprofit organization, linked to prominent philanthropist George Soros, may be under scrutiny by the …
Taxpayers across the nation are being alerted to an approaching deadline from the Internal Revenue Service (IRS), a reminder that could have…
Recent pronouncements from a former IRS official paint a concerning picture regarding the long-term impact of cuts to the tax agency, partic…
That seemingly simple phrase, 'no tax on tips,' is a bit of a misnomer. While some income from tips might not be taxed in every scenario, th…
It’s that time of year again, and unfortunately, so are some familiar tax scams. Reports indicate a resurgence of 'whack-a-mole' wellness sc…
This achievement comes at a time when the agency has been grappling with persistent staffing shortages and aging technological infrastructur…
Facing a mountain of tax debt can feel overwhelming, and unfortunately, it’s a situation that attracts predatory schemes. The Federal Trade …
The rapid advancement of Artificial Intelligence is prompting a serious look at how federal tax policy should adapt. The Institute on Taxati…
The landscape of American taxation is shifting as we look toward the 2026 tax year. Often discussed as “One Big Beautiful Bill,” these chang…
While high-profile cases like this often capture headlines, the reality for everyday taxpayers is that tax debt is a serious matter that req…
The recent headlines surrounding Todd Blanche and the legal negotiations regarding tax immunity provide a stark reminder of how complex fina…
By utilizing a specific election on a single form, individuals can significantly reduce their taxable estate, effectively shielding assets f…
The volatility of digital assets has long been a concern for investors, but a new warning from the CEO of the CME Group suggests that the da…
While the political implications of such a debt are for voters to decide, the financial reality of this situation offers a stark lesson for …