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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
Groundhog Day 2025: Punxsutawney Phil or Staten Island Chuck — Who is the Better Forecaster?

Payroll January 20, 2025 

Groundhog Day 2025: Punxsutawney Phil or Staten Island Chuck — Who is the Better Forecaster?

There are several famous groundhog prognosticators, but only two have records worth talking about. And, as the stats point out, both have made drastically different decisions over the years.

Senate Finance Dems Seek Assurances From Treasury Secretary Nominee on Taxes Ahead of Vote

Taxes January 20, 2025 

Senate Finance Dems Seek Assurances From Treasury Secretary Nominee on Taxes Ahead of Vote

Senate Finance ranking member Ron Wyden and other committee Democrats are pressing Scott Bessent to submit to an IRS audit and release his tax filings ahead of the panel’s vote on his nomination Tuesday.

Uber Sues Colorado Over New Laws, Say Pricing Transparency for Drivers Violates its Free Speech Rights

Payroll January 19, 2025 

Uber Sues Colorado Over New Laws, Say Pricing Transparency for Drivers Violates its Free Speech Rights

Uber alleges in a new lawsuit that two Colorado laws aiming to improve transparency for delivery and ride-hailing app drivers will violate its right to free speech.

Chinese Hackers Accessed Yellen’s Computer in Treasury Breach

Technology January 19, 2025 

Chinese Hackers Accessed Yellen’s Computer in Treasury Breach

The attackers also hacked the computers of two of Janet Yellen’s lieutenants, Deputy Secretary Wally Adeyemo and Acting Under Secretary Brad Smith, and some unclassified files were accessed.

Should You Actively Trade in a Roth IRA?

Payroll January 18, 2025 

Should You Actively Trade in a Roth IRA?

Day trading in a Roth IRA is perfectly legal, but it may not be financially wise.

Treasury Nominee Warns of ‘Devastating’ Consequences if Tax Cuts Lapse

Taxes January 17, 2025 

Treasury Nominee Warns of ‘Devastating’ Consequences if Tax Cuts Lapse

Taxes and tariffs took center stage Thursday at a hearing for President-elect Donald Trump's intended Treasury secretary nominee Scott Bessent.

 Sens. Rosen, Cruz Re-Introduce Bipartisan ‘No Tax on Tips’ Bill

Taxes January 17, 2025 

Sens. Rosen, Cruz Re-Introduce Bipartisan ‘No Tax on Tips’ Bill

During the election cycle, President-elect Donald Trump campaigned on the promise to eliminate taxes on tips—a policy he first introduced during a rally in Las Vegas.

Reconciliation Debate to Test ‘Tax Cuts for the Rich’ Narrative

Taxes January 17, 2025 

Reconciliation Debate to Test ‘Tax Cuts for the Rich’ Narrative

Washington is poised once again to return to united Republican control, and the GOP is preparing to extend the Tax Cuts and Jobs Act paired with deep cuts to federal programs that lower-income households rely on, such as Medicaid.

SEC Sues Elon Musk Over Stock Ownership Disclosures

Financial Reporting January 16, 2025 

SEC Sues Elon Musk Over Stock Ownership Disclosures

The regulator has been probing Musk’s investment in Twitter since 2022, pressing him to him to explain why he hadn’t disclosed his stake in Twitter within the correct timeline.

medicaid1

Benefits January 16, 2025 

Medicaid Faces ‘Reset Moment’ Under Trump

It's not certain that major changes to such a keystone program can be accomplished in a single congressional year, but some form of cuts appears to be a pretty safe bet at this point.

Trump Creating New ‘External Revenue Service’ to Collect Money From Foreign Sources

Taxes January 16, 2025 

Trump Creating New ‘External Revenue Service’ to Collect Money From Foreign Sources

The new agency, which Trump announced on Truth Social, will collect the proceeds from tariffs and other revenue from foreign countries.

Democrats Say Treasury Nominee Scott Bessent Avoided Medicare Tax on Hedge Fund Earnings

Taxes January 16, 2025 

Democrats Say Treasury Nominee Scott Bessent Avoided Medicare Tax on Hedge Fund Earnings

Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump's pick for Treasury secretary, with questions about his fitness to hold the office based on a review of his tax returns.

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