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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
GOP Rep. Max Miller Plans to Unveil Cryptocurrency Tax Legislation

Taxes November 4, 2025 

GOP Rep. Max Miller Plans to Unveil Cryptocurrency Tax Legislation

The Ohio Republican is preparing to introduce a bill with Rep. Steven Horsford (D-NV) that Miller says will transform how digital assets are regulated and taxed in the U.S.

Most Americans Would Rather Discuss Politics or Religion Than What’s in Their Bank Accounts, Survey Finds

Payroll November 4, 2025 

Most Americans Would Rather Discuss Politics or Religion Than What’s in Their Bank Accounts, Survey Finds

According to a new Bankrate survey, more people feel uncomfortable talking about their bank accounts than about other controversial topics.

Trump Battles Tiny Toymaker Over Tariffs in Landmark Supreme Court Case

Small Business November 4, 2025 

Trump Battles Tiny Toymaker Over Tariffs in Landmark Supreme Court Case

A Chicago-area toy company is among the businesses arguing to the justices this week that most of the president's tariffs should be struck down.

Washington State Spent a Billion in Tax Breaks to Help Tech Dominate, But Was it Worth it?

Taxes November 4, 2025 

Washington State Spent a Billion in Tax Breaks to Help Tech Dominate, But Was it Worth it?

What began as a modest incentive meant to foster economic development in a nascent field became a billion-dollar windfall of questionable effectiveness. The tax breaks are now expired, but participating companies continue to benefit to this day.

Trump’s Tariff Regime Case Could Reshape Congress’ Taxing Power

Taxes November 3, 2025 

Trump’s Tariff Regime Case Could Reshape Congress’ Taxing Power

The Supreme Court will hear oral arguments Wednesday over whether a law allows President Donald Trump to implement a worldwide tariff regime, in a case experts and lawmakers said ultimately could undermine Congress’ foundational power over taxation.

Maryland Offers Tax Relief for Federal Workers During Government Shutdown

Taxes November 3, 2025 

Maryland Offers Tax Relief for Federal Workers During Government Shutdown

Maryland Comptroller Brooke Lierman announced that federal employees with existing state tax payment plans can defer their payments until after the government reopens.

IRS Tax Lien Revealed Against Miami Heat’s Terry Rozier, Who Was Arrested in NBA Gambling Scandal

Taxes October 29, 2025 

IRS Tax Lien Revealed Against Miami Heat’s Terry Rozier, Who Was Arrested in NBA Gambling Scandal

ESPN reported that the IRS filed a $8,218,211 federal income tax lien in Broward County, FL, where Rozier has a residence, against the Miami Heat guard in November 2023.

Survey: The Most Workers in Four Years Say Their Pay Isn’t Keeping Up with Inflation

Payroll October 29, 2025 

Survey: The Most Workers in Four Years Say Their Pay Isn’t Keeping Up with Inflation

Nearly two in three employed Americans (or 62%) said their income has not kept pace with increases in their household expenses due to inflation, up from 59% in 2024, 60% in 2023, and 55% in 2022, according to Bankrate.

ADP Rolls Out Weekly U.S. Payrolls After Halting Data to Fed

Payroll October 29, 2025 

ADP Rolls Out Weekly U.S. Payrolls After Halting Data to Fed

ADP Research will now be releasing U.S. payroll data on a weekly basis, in addition to its monthly report, to provide high-frequency insights into the labor market.

Paychecks on Pause: Financial Lessons Everyone Can Learn From the Shutdown

Payroll October 29, 2025 

Paychecks on Pause: Financial Lessons Everyone Can Learn From the Shutdown

Millions of federal workers are currently living without pay. Here's what all of us can do to prepare for financial uncertainty.

Americans Expected to Spend $860 Million on Halloween

Small Business October 28, 2025 

Americans Expected to Spend $860 Million on Halloween

Consumer spending for this Halloween is expected to be in the billions in various categories, but one category in particular is coming up just shy of that billion-dollar mark.

Cities Could Dramatically Cut Childhood Poverty with Their Own Child Tax Credit Programs, Analysis Finds

Taxes October 28, 2025 

Cities Could Dramatically Cut Childhood Poverty with Their Own Child Tax Credit Programs, Analysis Finds

Municipal programs could move the needle with relatively small amounts of money: offering $1,000 or less per year to low- and middle-income families could cut child poverty rates by 25% in several cities.  

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