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.
Payroll May 15, 2025
3 Ways Women Can Strengthen Their Finances
A NerdWallet survey shows that women are less likely than men to have gotten a raise in the last year and some are dependent on their partner financially. Here are a few ways women can put themselves in a better money position this year.
IRS May 14, 2025
IRS Criminal Investigators in Chicago Are Being ‘Deputized’ as Immigration Enforcers
The Trump administration’s refocusing of federal resources on immigration has landed at the Chicago office of IRS-CI, where agents are now being prepared for unprecedented special assignments to help track down undocumented immigrants.
Taxes May 14, 2025
The Biggest Losers in the GOP Plan to Slash Clean Energy Tax Incentives
The draft framework put out Monday by the Ways and Means Committee takes aim at billions of dollars of incentives in the Inflation Reduction Act, including tax credits for electric vehicles and solar and wind projects.
Taxes May 14, 2025
Republicans Could Reach SALT Compromise Wednesday, Johnson Says
House Republicans could land on a compromise on the state and local tax deduction on Wednesday, a deal that would represent a breakthrough in one of the thorniest policy debates in President Donald Trump’s economic package.
Taxes May 13, 2025
Voight, Stallone and Entertainment Groups Lobby Trump for Tax Provisions
A letter signed by the two actors urged the president to support tax measures and a federal tax incentive that would help bring film and TV production back to the U.S.
Taxes May 13, 2025
NY GOP Lawmakers Vow to Sink Trump Budget Over SALT Dispute
New York Reps. Mike Lawler and Nick LaLota say they plan to vote against the president’s tax cuts package because it only includes an increase in the SALT cap to $30,000, too low for the middle-class and affluent communities they represent.
Taxes May 13, 2025
GOP to Phase Out Biden Administration Energy Credits to Pay for Tax Cuts
House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives to develop clean-energy projects to help pay for President Donald Trump’s massive tax package.
Payroll May 13, 2025
How ‘Unretiring’ to Go Back to Work Can Affect Your Social Security Benefits
Does heading back to work mean giving up Social Security benefits? The answer depends on how old a person is and what their current benefits are. Here are four key things “unretirees” should consider before switching back to being a worker.
Taxes May 12, 2025
House Tax Bill Draft Calls for $30,000 SALT Cap, Leaves Out Millionaire Tax
The House Ways and Means Committee release of the tax measures, ahead of planned debate on the panel Tuesday, is a sign the Republican-controlled chamber is moving toward a floor vote this month on the legislation.
Payroll May 12, 2025
Trump Must Halt Mass Layoffs of Federal Workers, Judge Rules
President Donald Trump’s February executive order calling for a radical reorganization of the federal workforce likely violates the Constitution, U.S. District Court Judge Susan Illston said.
Small Business May 12, 2025
U.S., China to Slash Tariffs During 90-day Reprieve for Talks
The combined 145% U.S. levies on most Chinese imports will be reduced to 30% including the rate tied to fentanyl by May 14, while the 125% Chinese duties on U.S. goods will drop to 10%.
Payroll May 12, 2025
43% of Americans Say Money is Negatively Affecting Their Mental Health, Survey Finds
More than 2 in 5 (43%) U.S. adults say money negatively affects their mental health, at least occasionally, causing anxiety, stress, worrisome thoughts, loss of sleep, depression and other effects, according to Bankrate.