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 August 11, 2025
‘Millionaire’s Tax’ Cash Flooded Massachusetts’ Coffers Last Year
Massachusetts collected $43.7 billion in the budget year that ended on June 30, driven by healthy collections from the state’s Millionaire’s Tax and a new capital gains tax, state data show.
Accounting August 11, 2025
Kansas Accountant Pleads Guilty After Using Clients’ Money to Build Home
Quintin Flanagin used his position to write checks from the couple he worked for and their Thomas County business, Diamond M Farms, to send money to a business he had made up called Middle Finger Ranch, which was linked to his bank account.
IRS August 8, 2025
IRS Commissioner Billy Long Removed by Trump Two Months After Confirmation
Treasury Secretary Scott Bessent will add acting IRS chief to his duties until Long's replacement is installed.
Taxes August 7, 2025
Bessent Pressed by MSNBC Analyst on How Tariffs Are Paid
On MSNBC’s “Morning Joe,” Eugene Robinson walked Treasury Secretary Scott Bessent through addressing the “confusion” when it comes to whether a U.S. importer or another country would have to pay for tariffs.
Taxes August 7, 2025
Trump’s Tariffs Take Effect in Fresh Test for Global Economy
Taken together, President Trump’s actions will push the average U.S. tariff rate to 15.2%, well above 2.3% last year and the highest level since the World War II era.
General News August 7, 2025
Trump Demands Resignation of Intel CEO
On Thursday, President Trump called for the immediate resignation of Intel Chief Executive Lip-Bu Tan, who took the helm in March to turn around the beleaguered chipmaker.
Taxes August 6, 2025
Ex-GOP House Speaker Likens Trump’s Economy to ‘Driving the Car with Two Feet’
Former Republican House Speaker Paul Ryan discussed President Donald Trump’s tariff agenda during a TV appearance on Aug. 5, warning that he sees “choppy waters ahead.”
Payroll August 6, 2025
Nearly 1 in 2 Workers Plan to Search for a New Job in the Coming Year, Survey Finds
Whether you’re looking for a higher salary, better work-life balance or if you’re just worried about your job security, there’s a few things you can do to prepare for a job hunt.
Taxes August 5, 2025
Ted Cruz Pushes to Save Poker Pros From Surprise Tax Hit in Trump’s One Big Beautiful Bill Act
The Republican Texas senator has joined with Nevada Democrats on legislation to restore the full deductibility of losses, saying it’s a matter of basic fairness for professional players who depend on their winnings to pay their bills.
Taxes August 5, 2025
States Scramble to Complete Renewable Energy Projects Before Tax Credits Expire
Politicians and state leaders say they're focused on fast-tracking permitting decisions and working with regulators to ensure projects can connect to the grid before the tax credits phase out.
Taxes August 5, 2025
If You’re a Fan of Sports Betting or Casino Gambling, You Won’t Be a Fan of a New Trump Tax Law Provision
Taxpayers shouldn’t bet the house that this recent tax change will be reversed and should instead prepare for their betting income to receive a different tax treatment starting next year.
Payroll August 5, 2025
Trump Floats Plan to Legalize Undocumented Immigrant Farmworkers
President Trump said he wants to allow migrant farmworkers, millions of whom have lived in the country for years or decades, to remain in the U.S. indefinitely.