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 May 28, 2025
Chrisleys’ Former Accountant Wants a Trump Pardon, Too
Peter Tarantino, who was convicted of helping reality TV stars Todd and Julie Chrisley evade taxes and sentenced to three years in prison, says he plans to ask President Donald Trump to pardon him, too, a day after the couple found out they’d be freed.
Taxes May 28, 2025
What to Know About the Federal Tax Credit Scholarship Proposal Moving Through Congress
A new federal program would offer up to $5 billion in tax credits a year to fuel private school attendance nationwide.
Taxes May 28, 2025
Fate of $20 Billion U.S. Home Solar Market Lies in GOP Senate Hands
The U.S. residential solar market is awaiting to see if Republicans in the Senate will challenge their brethren in the House and change provisions of the massive tax-and-spending bill that executives and analysts say would devastate the industry.
Taxes May 28, 2025
Elon Musk Says in Interview He’s ‘Disappointed’ With Trump’s ‘Big, Beautiful Bill’
In an interview with CBS News, Musk said he's disappointed because the tax-and-spending bill increases the deficit and "undermines the work that the DOGE team is doing."
Payroll May 28, 2025
Facing Tariffs, Should Shoppers Seek ‘Made in USA’ Goods?
American shoppers may be enthusiastic for U.S.-made products, but they may also have a tough time finding and affording them.
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Taxes May 27, 2025
Trump to Pardon Reality TV Stars Todd and Julie Chrisley, Convicted of $36 Million Fraud
The jury found they had defrauded Atlanta-area banks of $36 million and hidden millions of dollars in income from their reality television show, “Chrisley Knows Best,” to avoid paying taxes.
Taxes May 27, 2025
GOP Tax Bill Could Make EVs More Expensive by Removing Tax Credits
A Republican-backed tax-and-spending bill passed by the U.S. House on May 22 aims to roll back federal clean energy incentives—a move critics warn could raise costs for those who purchase electric vehicles.
Taxes May 27, 2025
Legislators Target a Federal Tax Program That Funds State Medicaid Programs
For years, states have been taxing health care providers to draw down additional federal funds for their Medicaid programs.
Taxes May 27, 2025
Pending Tax Legislation Will Result in Cancellation of IRS Direct File
The tax bill that passed the House and is headed to the Senate includes a provision to end the IRS Direct File program.
Payroll May 27, 2025
U.S. Consumer Confidence Jumps Most in Four Years on Trade Truce
The Conference Board's gauge of confidence increased by 12.3 points to 98, marking the biggest monthly gain in four years.
IRS May 27, 2025
Two Postal Workers Part of $63 Million Scheme to Steal IRS Refund Checks
The two U.S. Postal Service clerks and the two accused check resellers have been charged with conspiracy to aid and abet bank and wire fraud, the U.S. Attorney’s Office for the Eastern District of Michigan said May 23.
Small Business May 27, 2025
Business Travel to the U.S. is Taking a Big Hit
Business travel to the U.S. from Europe is also down under President Donald Trump, as international opinion of the country tanks and foreign companies take their business elsewhere.