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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
SALT Write-Off, Harvard Tax, Medicaid Cuts: What’s in Trump’s Bill

Taxes May 23, 2025 

SALT Write-Off, Harvard Tax, Medicaid Cuts: What’s in Trump’s Bill

Here’s a rundown of the House bill’s main provisions impacting people and businesses.

IRS Gives Select Taxpayers Until June 16 to File 2024 Returns

Taxes May 23, 2025 

IRS Gives Select Taxpayers Until June 16 to File 2024 Returns

For U.S. citizens and resident aliens now living or working abroad, including those with dual citizenship, the deadline for filing returns and paying any taxes owed is June 16, 2025.

R&D Funding Cuts Create Job Drought for Scientists

Payroll May 23, 2025 

R&D Funding Cuts Create Job Drought for Scientists

The scientific R&D industry — which is home to many pharmaceutical and biomedical jobs — cut the most positions last month in more than a year, according to Bureau of Labor Statistics data.

Senate Republicans Vow Changes to Trump Tax-and-Spending Megabill

Taxes May 22, 2025 

Senate Republicans Vow Changes to Trump Tax-and-Spending Megabill

Landmark legislation that was passed in the House early Thursday, a development that was celebrated by President Trump, faces an uncertain future among Senate Republicans.

Do Americans Support Trump’s ‘Big, Beautiful’ Budget Package? What Poll Found Before it Passed in House

Taxes May 22, 2025 

Do Americans Support Trump’s ‘Big, Beautiful’ Budget Package? What Poll Found Before it Passed in House

As you'd expect, Americans are divided over President Donald Trump’s sweeping tax-and-spending bill, which just passed in the House of Representatives, according to new polling.

Judge Blocks Trump From Dismantling Department of Education

General News May 22, 2025 

Judge Blocks Trump From Dismantling Department of Education

A federal judge Thursday blocked President Trump from dismantling the Department of Education and ordered the reinstatement of thousands of federal workers fired in waves of mass layoffs.

House Passes Sweeping ‘Big, Beautiful Bill’ After Weeks of Arm-Twisting

Taxes May 22, 2025 

House Passes Sweeping ‘Big, Beautiful Bill’ After Weeks of Arm-Twisting

House Republicans sent to the Senate a filibuster-proof package that would deliver the major elements of President Donald Trump’s legislative agenda, from tax cuts and border security to lifting the nation’s borrowing limit.

17 People Arrested After IRS Participates in ICE Raid at Seattle-Area Beverage Company

IRS May 22, 2025 

17 People Arrested After IRS Participates in ICE Raid at Seattle-Area Beverage Company

In one of the first immigration raids involving the IRS, federal agents arrested 17 people at Eagle Beverage and Accessories Products in Kent, WA, on May 20.

These 25 Cities Are the Best Places to Retire in 2025, According to Forbes

Payroll May 22, 2025 

These 25 Cities Are the Best Places to Retire in 2025, According to Forbes

Forbes looked at the home prices, other housing costs, crime stats, environmental information, healthcare access, taxes and other aspects of more than 950 cities for this year's list.

6 Ways to Reduce Financial Stress During Uncertain Times

Payroll May 22, 2025 

6 Ways to Reduce Financial Stress During Uncertain Times

There are strategies that can help you maintain a sense of control over your own money—even when the financial news headlines are unsettling.

Trump Tax Bill Holdouts Lured with SALT Hike, Medicaid Cuts

Taxes May 22, 2025 

Trump Tax Bill Holdouts Lured with SALT Hike, Medicaid Cuts

House Republican leaders released a new version of President Donald Trump’s massive tax-and-spending bill Wednesday night in a bid to win over warring GOP factions to support the legislation.

House Republicans Close in on Deal for $40,000 SALT Cap

Taxes May 21, 2025 

House Republicans Close in on Deal for $40,000 SALT Cap

Republicans Wednesday were closing in a on deal to raise the cap on deducting state and local taxes to $40,000 a year, a key breakthrough that would boost passage of President Trump’s sprawling budget bill.

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