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IRS Says Financial Crimes Surged Nearly 16% in 2025—Up to $10.6B

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.

Featured Articles

December 12, 2025  

Las Vegas Casino Heavyweights Implore Congress to Restore Gambling Loss Tax Deduction

December 11, 2025  

Senate Blocks Plan to Extend Expiring Obamacare Tax Credits Past This Month

December 11, 2025  

Treasury Secretary Labels 3 Democratic Governors as ‘Grinches’ Over Their State’s Taxes

December 11, 2025  

Moderate House Republicans Look to Force Vote on ACA Tax Credits

December 11, 2025  

Boston Homeowners to See 13% Tax Increase
Senate Bill Making it Easier to Fix Math Mistakes on Your Tax Return is Headed to Trump’s Desk

Taxes October 22, 2025 

Senate Bill Making it Easier to Fix Math Mistakes on Your Tax Return is Headed to Trump’s Desk

The bipartisan IRS MATH Act, as it’s known, cleared the Senate unanimously on Oct. 21, after previously winning approval in the House of Representatives on a voice vote in April.

Illinois Gov. JB Pritzker Says He Opposes Head Tax in Chicago

Taxes October 21, 2025 

Illinois Gov. JB Pritzker Says He Opposes Head Tax in Chicago

Pritzker has come out in opposition to the reinstated $21-per-employee “head tax” on larger businesses that Chicago Mayor Brandon Johnson has proposed to raise an estimated $100 million to help balance the city's budget.

Acrisure to Cut 400 Accounting Jobs Next Year Due to AI

Accounting October 17, 2025 

Acrisure to Cut 400 Accounting Jobs Next Year Due to AI

The layoffs are the result of AI technology deployed by Acrisure, which will automate a significant portion of the work performed by the affected employees, said company CEO Greg Williams.

AI Isn’t Killing Jobs Yet, But It’s Making the Job Hunt Weird

Technology October 17, 2025 

AI Isn’t Killing Jobs Yet, But It’s Making the Job Hunt Weird

AI interviewers are just one way that artificial intelligence technologies are impacting the job market. Here are some of the key dynamics playing out in 2025.

TLS 2021 Zoom screenshot

Firm Management October 14, 2025 

Almost Work from Home (But from a Fancy Office)

Remote work is dead. Long live… plush offices that look like high-end residences where knowledgeable workers can pretend to work from home?

Most Workers Not Using AI Yet, But the Number is Growing, Says Poll

Payroll October 13, 2025 

Most Workers Not Using AI Yet, But the Number is Growing, Says Poll

Last year, 16% of workers surveyed said at least some of their work is done using AI. Since then, the number of respondents who said they use AI has increased by five percentage points.

When Will Social Security Announce 2026 COLA Increases? Well, It Depends

Payroll October 10, 2025 

When Will Social Security Announce 2026 COLA Increases? Well, It Depends

The official cost of living adjustment increase for 2026 was slated to be announced Oct. 15, but thanks to the government shutdown, that announcement may be delayed.

GM Cuts Short EV Tax Credit Extension Program

Taxes October 8, 2025 

GM Cuts Short EV Tax Credit Extension Program

The company will continue to offer about $6,000 in savings on electric vehicle leases through October, with the cost footed by General Motors.

Maryland Offers $700 Loans to Impacted Federal Workers

General News October 7, 2025 

Maryland Offers $700 Loans to Impacted Federal Workers

Maryland is now accepting loan applications for federal workers who are working without pay during the ongoing government shutdown, the state Department of Labor announced Monday.

Furloughed Federal Workers Not Entitled to Back Pay, White House Says

Payroll October 7, 2025 

Furloughed Federal Workers Not Entitled to Back Pay, White House Says

The memo, first reported by Axios, adds even more uncertainty for hundreds of thousands of federal workers as Congress appears no closer to a deal to reopen the government.

Fears of a Trillion Dollar AI Bubble are Growing

Financial Planning October 7, 2025 

Fears of a Trillion Dollar AI Bubble are Growing

The financing is coming from venture capital, debt and, lately, some more unconventional arrangements that have raised eyebrows on Wall Street.

flags world

Small Business October 6, 2025 

If Trump Tariffs Are Overruled by Supreme Court, Businesses Expect Refund Chaos

Should Trump’s country-based tariffs be deemed illegal, the U.S. could owe the bulk of the $165 billion in customs duties collected so far this fiscal year back to companies that paid them.

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