CBO: Lowest Earners to Lose $1,200 Annually Under OBBBA!
The nonpartisan Congressional Budget Office (CBO) has crunched the numbers regarding the distributional effects of the One Big Beautiful...
Protect Your Refund: Sign Up for an IRS Identity PIN!
Tax-related identity theft happens when a thief steals your Social Security number and uses it to file a tax return and claim a...
Teachers: Don’t Miss Your $300 Classroom Expense Deduction!
A new school year is ramping up, which means teachers and other educators have been working hard to prepare their classrooms before...
Whistleblower Denied Award for Publicly Available Tax Tip!
Taxpayers who give the IRS Whistleblower Office (WBO) credible, specific tips about unpaid taxes may qualify for cash awards. But certain...
Trump Eyes $600 Tariff Rebates as Revenue Hits $152B!
Even before the new tariffs on foreign goods kicked in on Aug. 7, 2025, tariffs were generating a lot of cash. According to the U.S....
Bill Seeks to Remove Social Security Tax Cap for High Earners!
Two lawmakers, Senator Mazie Hirono (D-HI) and Representative Jill Tokuda (D-HI), have reintroduced the Protecting and Preserving Social...
IRS: No Changes to W-2s, 1099s, or Payroll Forms for 2025!
As part of its phased implementation of the One Big Beautiful Bill Act (OBBBA), the IRS announced that there will be no changes to...
IRS Shake-Up: Billy Long Out, Treasury Secretary Steps In!
President Trump has removed Billy Long as the IRS commissioner. Long, a former Republican member of Congress from Missouri, was sworn in...
Tax Avoidance vs. Tax Evasion: One Saves You Money, the Other Costs Your Freedom!
What’s the difference between tax avoidance and tax evasion? Tax avoidance is taking legitimate actions to reduce your tax bill, such as...
Help Your Team Tackle Student Debt—Tax-Free Through 2025!
Employers seeking to attract new recruits and retain talent may want to offer educational assistance programs to their employees. The...
