Taxes December 12, 2025
IRS Says Financial Crimes Surged Nearly 16% in 2025—Up to $10.6B
Of the $10.59 billion, $4.5 billion resulted from tax fraud, marking an increase of 111.8% from FY24, the agency said this week.
Taxes April 2, 2024
Federal Judge Rejects Hunter Biden’s Bid to Dismiss Tax Case in L.A.
April 1 ruling clears the way for the president's son to face court proceedings during the contentious 2024 election cycle.
IRS April 1, 2024
COVID Fraud Cases Have Totaled Nearly $9 Billion, IRS Crime Unit Says
Over the last four years, IRS-CI has investigated 1,644 tax and money laundering cases related to COVID fraud totaling $8.9 billion.
Taxes April 1, 2024
IRS Direct File Tool May Be Especially Helpful to Latino Americans
Latinos—as well as individuals of any background— may fall victim to unqualified service providers who prey on their community.
Taxes March 29, 2024
Judge Skeptical of Hunter Biden’s Effort to Dismiss Tax Case as Politically Charged
Lawyers for President Biden's son asked a federal judge in Los Angeles on March 27 to throw out nine tax-related charges.
Taxes March 29, 2024
IRS Again Extends Income Tax Deadline For Hawaii Wildfire Victims
The agency further postponed until Aug. 7 various filing and payment deadlines for those affected by the Aug. 8, 2023, wildfires.
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Taxes March 28, 2024
Dividing a 401(k) in Divorce
Note that a QDRO may be used for qualified plans, like 401(k) or pension plans, but this option isn’t available for IRAs. IRAs are subject to other rules.
Taxes March 27, 2024
IRS on Track to Give Fewest Tax Refunds in at Least 15 Years, Data Shows
As of the week ending March 15, the IRS had issued just over 49 million tax refunds, close to 9% lower than at that point last year.
Taxes March 27, 2024
Tax Tips for the 2024 Filing Season from the AICPA
As taxpayers navigate the challenges of tax season, the AICPA wants individual filers to be aware of what’s new for this filing season.
IRS March 26, 2024
IRS Launches Probe Into Fired Ohtani Interpreter’s Theft and Gambling Scandal
Ippei Mizuhara was implicated in a scandal involving illegal sports gambling and significant financial theft from the Dodgers superstar.
Taxes March 26, 2024
IRS: Time is Running Out to Collect Over $1 Billion in Tax Refunds For 2020
Nearly 940,000 Americans have unclaimed tax returns from 2020 and face a May 17 deadline if they want to get it back.
Taxes March 22, 2024
IRS Says Processing of New ERC Claims Likely to Resume This Spring
The IRS ordered an immediate moratorium on processing new ERC claims on Sept. 14, 2023, due to instances of widespread fraud.
Taxes March 22, 2024
IRS Expands Rules on Energy Communities and Production and Investment Credits
The Internal Revenue Service has issued Notice 2024-30 that expands certain rules for determining what an energy community is for the production and investment tax credits.