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Trump’s IRS Lawsuit May End with a $1.7 Billion Compensation Fund

Taxes May 18, 2026 

Trump’s IRS Lawsuit May End with a $1.7 Billion Compensation Fund

U.S. officials have discussed creating a $1.7 billion federal fund to pay victims of so-called government weaponization to resolve President Donald Trump’s lawsuit against the Internal Revenue Service.

Featured Articles

May 15, 2026  

Taylor Swift, Lawsuits and Quirky Exemptions: How Empty Homes Tax Works in Six Locations

May 15, 2026  

Beware: Your Social Media May Be Making You the Target of a Fast-Rising Social Security Scam

May 15, 2026  

State Officials Demand Transparency as Businesses Get Billions in Trump Tariff Refunds

May 15, 2026  

New Tax on NYC Real Estate Sales Aimed at Helping Mamdani Close City Budget Gap

May 15, 2026  

IRS Extends Tax Deadline Again for Most Western Washington Residents
Trump Nominates Michelle Bowman as Vice Chair of Supervision for Federal Reserve

Financial Reporting March 18, 2025 

Trump Nominates Michelle Bowman as Vice Chair of Supervision for Federal Reserve

Bowman is expected to support a lighter touch on bank regulation than her predecessor, Michael Barr. She has been a sharp critic of a landmark plan to require banks to hold more capital unveiled in 2023.

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Payroll March 18, 2025 

Gender Pay Gap Varies by State, Industry, Job and Race

More than ever before, women in the U.S. are taking control of their finances, investing in their future selves and making smart money choices. But there’s still one obstacle in their way today: the gender pay gap.

Southwest Airlines Will Start Charging for Checked Baggage … And Assigned Seats

Small Business March 17, 2025 

Southwest Airlines Will Start Charging for Checked Baggage … And Assigned Seats

What makes Southwest Airlines different? Not much anymore. Starting May 28, flyers will have to pay extra for baggage, assigned seats and other items, just like every other airline.

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Taxes March 15, 2025 

Trump Signs Short Term Spending Bill to Avoid Government Shutdown

President Donald Trump signed a stopgap funding bill that will keep the government open for the remainder of the fiscal year, paving the way for Republican lawmakers to pivot to signature border and tax bills they seek to pass in the coming months.

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General News March 14, 2025 

Senate Passes 6-Month Bill to Avert Federal Government Shutdown

A six-month stopgap funding bill cleared the Senate on Friday after enough Democrats crossed the aisle to vote to end debate, defying intense pressure from the left wing of their party.

 Trump Mulls Eliminating Income Taxes for People Who Earn Less Than $150,000

Taxes March 14, 2025 

Trump Mulls Eliminating Income Taxes for People Who Earn Less Than $150,000

In a Tuesday night CBS interview with U.S. Commerce Secretary Howard Lutnick, the federal official stated President Trump hopes to eliminate income taxes for people who earn less than $150,000 a year.

Judge Orders Federal Agencies to Reverse Layoffs

Payroll March 14, 2025 

Judge Orders Federal Agencies to Reverse Layoffs

A federal judge in California on March 13 ordered six agencies to reinstate the employment of probationary employees who were fired by the Trump administration.

 Online Tax Advice Can Lead to IRS Trouble and Criminal Charges

Income Tax March 13, 2025 

Online Tax Advice Can Lead to IRS Trouble and Criminal Charges

The IRS has long warned taxpayers of scams targeting them and their personal and financial data, particularly around tax season.

Florida Sheriff’s Deputies Get Light Sentence for $41,000 PPP Scam

March 13, 2025 

Florida Sheriff’s Deputies Get Light Sentence for $41,000 PPP Scam

A federal judge on Wednesday gave the deputies strikingly lenient sentences after finding them guilty of falsifying their Paycheck Protection Program applications.

IRS Says Time is Running Out to Claim 2021 Tax Refunds

Taxes March 13, 2025 

IRS Says Time is Running Out to Claim 2021 Tax Refunds

The IRS estimates that more than 1 million people across the country may have unclaimed tax refunds from tax year 2021, and they have until April 15 to submit their federal return.

U.S. Jobless Claims Edge Down to Near Pre-Pandemic Levels

Payroll March 13, 2025 

U.S. Jobless Claims Edge Down to Near Pre-Pandemic Levels

Initial claims decreased by 2,000 to 220,000 in the week ended March 8, remaining roughly in line with pre-COVID levels.

Egg Prices Start to Drop as Consumers Cut Back Demand

Small Business March 12, 2025 

Egg Prices Start to Drop as Consumers Cut Back Demand

U.S. egg prices are finally showing signs of relief after a nearly 60% surge over the past year has made shoppers reluctant to buy.

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