Taxes March 15, 2025
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.
Taxes March 14, 2025
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.
Taxes March 14, 2025
President Trump's pick to lead the Centers for Medicare and Medicaid Services, Dr. Mehmet Oz, is set to have his confirmation hearing before senators on Friday, a day after reports surfaced that he may have “significantly” underpaid Social Security and Medicare taxes in recent years.
Taxes March 14, 2025
Wealthy individuals often set up an irrevocable life insurance trust (ILIT) to avoid federal estate tax on large insurance policies. But a small misstep could lead to a tax disaster.
IRS March 13, 2025
This article includes a handy reference chart to estimate when you may receive your 2025 income tax refund. The author received his in under 10 days.
Income Tax March 13, 2025
The IRS has long warned taxpayers of scams targeting them and their personal and financial data, particularly around tax season.
March 13, 2025
A federal judge on Wednesday gave the deputies strikingly lenient sentences after finding them guilty of falsifying their Paycheck Protection Program applications.
Taxes March 13, 2025
If the last month before Tax Day this year is anything like the last few weeks of tax season 2024, expect a significant surge in tax-related scams as cybercriminals try to exploit unsuspecting taxpayers, warns security software company DNSFilter.
Taxes March 13, 2025
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.
Taxes March 11, 2025
In addition, two in three people describe tax preparation companies that advertise free tax filing services as "bait-and-switch" schemes, according to WalletHub's 2025 Tax Survey.
Taxes March 11, 2025
The average tax refund amount for tax returns filed through Feb. 28 was $3,382, about 6.3% higher than the average refund of $3,182 through Mar. 1, 2024, the IRS said last week.
State and Local Taxes March 10, 2025
WalletHub released a new study examining which states had the highest and lowest state and local tax rates to determine where residents are giving the most and least money back to their respective governments.