Danielle Zanzalari: Change in IRS Policy May Delay Mergers in the U.S.
Concerns About IRS Policy Changes Affecting Businesses Most people generally don’t give much thought to how the IRS operates, and, well, they shouldn’t have to. There’s an expectation that government agencies will consistently apply rules, allowing businesses to plan, invest, and innovate. Stability in the tax system is essential for making decisions about investments, research […]
FTC alerts taxpayers about phone scams pretending to be IRS officials as the 2025 tax season approaches
Tax Fraud Emerges as the 2025 Filing Season Approaches As we get closer to the 2025 tax season, scams aimed at taxpayers are starting to pop up. Typically, tax season runs from January to April, so it’s that time again. The Federal Trade Commission has issued a warning regarding an increase in scams where individuals […]
IRS leader reveals major changes just before the 2026 tax season
IRS Announces Reforms Ahead of 2026 Tax Season Just days ahead of the 2026 tax filing season, the U.S. Tax Commissioner has unveiled significant reforms aimed at enhancing taxpayer services and modernizing operations within the IRS. This announcement comes at a crucial time as the agency gears up to handle millions of tax returns while […]
Watchdog Attempts to Put Anti-ICE Group at the Mercy of Trump’s IRS
Conservative watchdog organizations are urging federal authorities to look into and potentially revoke the status of nonprofits believed to support anti-ICE protests. The Center for the Advancement of American Security (CASA) is requesting that the Internal Revenue Service (IRS) examine Cooperative Cannon River (CCR), a nonprofit based in Minnesota, for financing protests that allegedly disrupt […]
IRS confirms $1,776 ‘Warrior Dividend’ is tax-exempt for service members
IRS Confirms Tax-Free Bonus for U.S. Military The Internal Revenue Service (IRS) provided some positive news for members of the U.S. military on Friday. They announced that the one-time bonus of $1,776, referred to as the “warrior dividend,” which is set to be given in December 2025, will be completely tax-free. This means that service […]
Brendan Banfield trial: Former IRS agent charged with murdering his wife in Virginia
Virginia Trial of Brendan Banfield Continues The trial of Brendan Banfield, a former IRS agent charged with the double murder of his wife and a man he allegedly lured into a deadly encounter, entered its third day of testimony. This trial, which has drawn considerable public interest, examines Banfield’s purported attempts to conceal an affair […]
IRS announces the start date for tax filing, and refunds may increase in 2026.
2025 Tax Filing Season Begins WASHINGTON — It’s that time of year again for millions of Americans as they prepare to file their 2025 tax returns. The IRS will start processing these returns on Monday, January 26, with the filing deadline set for Wednesday, April 15. While the IRS won’t begin processing returns until January […]
This IRS deadline offers an opportunity to get up to speed on your 2025 taxes, according to an expert. Here’s what you need to know.
The deadline for making estimated tax payments for the fourth quarter of 2025 falls on Thursday. Missing this deadline may lead to penalties and interest on any unpaid taxes. Typically, individuals owe a specific amount for income not subject to withholding—this includes earnings from self-employment, contracts, freelance gigs, or even the gig economy. Many also […]
How to Set Up a Trump Account in 2026: Important Information About IRS Form 4547
Tax season is here, and parents of minor children should note a new form that’s important to keep in mind. The IRS has introduced Form 4547, which allows taxpayers to register eligible children for Trump accounts when submitting their 2025 tax returns. The main feature of these accounts won’t kick in until late 2026, but […]
What are the updated IRS tax brackets for 2025? Find out here.
Tax season is approaching, and many Americans will soon shift their focus to completing their taxes. Each year, the Internal Revenue Service updates tax brackets, which categorize income into different tiers subjected to various tax rates in our progressive tax system. Knowing these categories is crucial for estimating what you might owe in taxes. Tax […]