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 July 21, 2025
Trump Tax Law to Add $3.4 Trillion to U.S. Deficits, CBO says
The Congressional Budget Office score for the law, released July 21, reflects a $4.5 trillion decrease in revenues and a $1.1 trillion decline in spending through 2034, relative to a current-law baseline.
Accounting July 21, 2025
European Union Makes Plans to Retaliate for Trump Tariffs
Before Trump’s letter, the EU had been hopeful it was edging toward an initial framework that would allow detailed discussions to continue on the basis of a universal rate of 10% on many of the bloc’s exports.
Payroll July 21, 2025
Why More Men Than Women Feel Optimistic in Today’s Economy
Only one-fourth (25%) of women say they’re likely to be able to achieve their version of the American dream in today’s U.S. economy, compared to 33% of men, according to Bankrate’s Financial Freedom Survey.
Payroll July 21, 2025
10 Financial Goals for Getting Out of Debt
Whether you’re switching budget tactics, negotiating with creditors, or building savings along the way, each goal brings you closer to financial freedom.
General News July 21, 2025
Beef and Chicken Prices Hit Record Highs as Food Costs Soar
Inflation is rising across the board. Consumer prices are about 2.7% higher than they were in June last year, an increase economists largely attribute to sweeping tariffs pushing costs skyward.
Taxes July 18, 2025
5 Trump Tax Law Changes to Marketplace Insurance
The new law implements changes to premium tax credit rules and makes marketplace insurance more expensive and harder to keep.
Taxes July 18, 2025
Will the Elimination of Federal Tax Credit Significantly Hurt the Solar Industry?
Experts debate if the elimination of the 30% federal tax credit for residential rooftop solar installations will significantly hurt the industry or if solar adoption developed such momentum that it will continue to grow on its own.
Taxes July 18, 2025
Trump’s Auto Loan Tax Break Could Save Working-Class Buyers Thousands, Experts Say
A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028.
Taxes July 17, 2025
Trump Struggles to Market His Tax Law That 61% of Voters Oppose
President Trump, who built a career on savvy branding, has yet to convince the public that the law’s sweeping tax cuts and reductions to social safety-net programs are good policy.
Payroll July 17, 2025
Seniors Call for Social Security Catchup Payments as Latest COLA Estimate for 2026 is Out
While the latest projection from The Senior Citizens League shows a .1% increase over the 2025 cost-of-living adjustment, the group says seniors are calling for a catchup payment and a change to how the COLA is calculated.
Payroll July 17, 2025
Initial Jobless Claims Shrink for Fifth Straight Week
Applications for U.S. unemployment benefits declined for a fifth week in a row to the lowest level since mid-April, showing a resilient job market.
Taxes July 17, 2025
When Do Trump Tax Law Changes Go Into Effect?
The GOP megabill staggers the rollout of its sweeping budget provisions, including tax breaks and social program cuts.