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Trump’s IRS Lawsuit May End with a $1.7 Billion Compensation Fund

Taxes May 18, 2026 

Trump’s IRS Lawsuit May End with a $1.7 Billion Compensation Fund

U.S. officials have discussed creating a $1.7 billion federal fund to pay victims of so-called government weaponization to resolve President Donald Trump’s lawsuit against the Internal Revenue Service.

Featured Articles

May 15, 2026  

Taylor Swift, Lawsuits and Quirky Exemptions: How Empty Homes Tax Works in Six Locations

May 15, 2026  

Beware: Your Social Media May Be Making You the Target of a Fast-Rising Social Security Scam

May 15, 2026  

State Officials Demand Transparency as Businesses Get Billions in Trump Tariff Refunds

May 15, 2026  

New Tax on NYC Real Estate Sales Aimed at Helping Mamdani Close City Budget Gap

May 15, 2026  

IRS Extends Tax Deadline Again for Most Western Washington Residents
Supreme Court Limits Rulemaking Power of Federal Agencies

Taxes June 28, 2024 

Supreme Court Limits Rulemaking Power of Federal Agencies

Justices overturned the Chevron doctrine that says judges should defer to agencies and their regulations if the law is not clear.

Supreme Court Rules U.S. Must Enforce Securities Violations in Court

SEC June 27, 2024 

Supreme Court Rules U.S. Must Enforce Securities Violations in Court

Justices rejected the SEC's use of internal administrative judges to seek civil penalties because it violates the right to a jury trial.

Under Armour Will Pay $434 Million to Settle Shareholder Lawsuit

Accounting June 26, 2024 

Under Armour Will Pay $434 Million to Settle Shareholder Lawsuit

The lawsuit questioned disclosures and accounting practices related to sales between the third quarter of 2015 and the fourth quarter of 2016.

workers_staff_pixabay_rawpixel_action_2277292_960_720

Payroll June 25, 2024 

Finding Meaningful Work is More Important than Benefits to Gen Z

The vast majority of employees highly value workplace flexibility, and Gen Z in particular places a premium on flexibility.

irs221

IRS June 24, 2024 

Number of the Day: $5.7 Billion

As of March 31, the IRS has spent $5.7 billion, or 10%, of the $57.8 billion it will receive from the Inflation Reduction Act, TIGTA says.

Jason Bramwell

Trump’s Plan to Stop Taxing Tips Could Cost Up to $250 Billion

Taxes June 24, 2024 

Trump’s Plan to Stop Taxing Tips Could Cost Up to $250 Billion

A bill introduced by Republican lawmakers would ax federal and employment taxes on tips, but doing so could come at a price.

loan-key1_10780186

Payroll June 24, 2024 

Federal Court Blocks New Limits on Short-Term Loans in Colorado

The lending and financial industries have argued that the loans are critical tools for high-risk borrowers who need immediate support.

artificial_intelligence mind tech_1_.56e6c9c20bbbc

Technology June 24, 2024 

California Lawmakers Consider Action to Regulate AI

The effects of artificial intelligence on employment, society and culture are wide reaching, and that’s reflected in the number of bills circulating the Legislature.

Survey: Nearly 50% of Employees ‘Quiet Vacation’ During 4th of July Week

Firm Management June 24, 2024 

Survey: Nearly 50% of Employees ‘Quiet Vacation’ During 4th of July Week

The week of July 4 can be a perilous one for productivity—and your younger workers could be especially eager for a long holiday break.

House GOP Shifts Message on 2017 Tax Cuts

Taxes June 21, 2024 

House GOP Shifts Message on 2017 Tax Cuts

Cost concerns and blue-district GOP issues prompt strategy rethink among Republicans charged with reviewing the expiring provisions.

Senate Finance Dems Look to Raise Revenue for 2025 Tax Cliff

Taxes June 21, 2024 

Senate Finance Dems Look to Raise Revenue for 2025 Tax Cliff

Top party lawmakers are making it clear that taxes need to rise on wealthy individuals and multinational corporations.

IRS Sees Red Flags for ‘Vast Majority’ of ERC Claims

IRS June 20, 2024 

IRS Sees Red Flags for ‘Vast Majority’ of ERC Claims

At least 70% of ERC claims currently awaiting processing have red flags about their accuracy, IRS Commissioner Danny Werfel said.

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