It’s time to prepare for taxes. Here’s what you should understand about filing this year.
IRS Leadership Change and Tax Season Insights The IRS is stepping up to address significant challenges with new leadership under Frank Bisignano, a well-known former Wall Street executive. Bisignano took on the role of IRS chief executive in October, and Treasury Secretary Scott Bessent is set to act as the IRS administrator in 2025. This […]
Important IRS Tax Filing Deadline Has Passed and Penalties Are Starting
The deadline set by the Internal Revenue Service (IRS) for certain tax returns (January 31, 2026) has already passed. If returns are filed late, inaccurately, or are not provided to recipients promptly, penalties could be imposed. Required Submissions by the Tax Return Deadline The IRS has mandated that employers and businesses submit the following documents […]
Red Sox supporters filing a lawsuit against the team for misleadingly low ticket prices
Red Sox Fans File Class Action Lawsuit Over Ticket Fees Three Boston Red Sox supporters have initiated a class action lawsuit against the team regarding what they claim are “junk fees” and “drip prices” related to ticket purchases. Earlier this month, a lawsuit was lodged in Massachusetts. It suggests that the team engaged in false […]
Numerous Saks OFF 5TH stores are shutting down across the country after filing for bankruptcy.
Saks Global has announced plans to close most of its Saks Off 5TH stores in the U.S., following a recent bankruptcy filing. Specifically, 23 of these stores will shut down on Monday, February 2, while 34 others will remain in operation. As part of this transition, a closing sale will begin this weekend, leaving just […]
Minnesota Attorney General Keith Ellison boasts about filing over 50 lawsuits against Trump
Minnesota Attorney General’s Legal Battles with Trump Administration Minnesota Attorney General Keith Ellison shared on Wednesday that he has taken legal action against the Trump administration over 50 times, expressing his commitment to the Democratic cause to a group of activists, stating, “You can count on me.” These remarks were made during a virtual DNC […]
IRS inspector warns that some taxpayers may face increased difficulties in the 2026 filing season
IRS Prepares for 2026 Tax Season Amid Challenges As the tax season kicks off and the IRS gears up to handle millions of returns, its internal watchdog is raising concerns that some taxpayers might face issues in 2026. Erin Collins, a tax advocate, mentioned in a recent report that while the 2025 filing season was […]
The tax filing season opens today. Anticipate some confusion. Here’s what to understand.
IRS Expects Busy Tax Filing Season The Internal Revenue Service anticipates that millions of U.S. taxpayers will submit their income tax returns by the end of Monday, marking the start of the federal tax filing season. Generally, a significant portion of early filers often receives a refund. It seems reasonable, right? Why should the government […]
Changes to tax filing and their impact on you
MADISON, Wis. – New Tax Changes to Note for 2025 With tax season upon us, it’s worth paying closer attention if you’re in the middle class, have kids, earn tips or overtime, or are a senior citizen filing this year. There are a few notable changes and new deductions to keep in mind. President Trump’s […]
An unusual filing in the Cook–Trump case might influence Supreme Court justices
Supreme Court Considers Presidential Power Over Federal Reserve A recent legal filing from a prominent business leader could influence how Supreme Court justices perceive the extent of presidential authority over the Federal Reserve and monetary policy in the U.S. On Wednesday, the court engaged in two hours of oral arguments regarding whether the president has […]
Important information on filing Arizona taxes for 2026
TUCSON, Ariz. Tax season kicks off on Monday, January 26, but if you plan to file early, you might want to hold off for a bit. There’s a chance you’ll have to make changes later. The delay is tied to tax forms that haven’t been updated yet. They can’t be finalized until the state sorts […]