Treasury to Develop Guidance for Churches Following Court Ruling Invalidating IRS Agreement on Political Candidate Endorsement
Judge Dismisses IRS Agreement on Political Endorsements by Churches A federal judge recently overturned an agreement that allowed churches to support political candidates without risking their tax-exempt status. This decision has implications related to the Johnson Amendment, which prohibits such endorsements. The U.S. Treasury Department and the IRS are now looking into providing more guidance […]
Court Dismisses IRS Deal Permitting Churches to Support Candidates
A federal judge has turned down President Donald Trump’s agreement with the Internal Revenue Service (IRS) that would let churches endorse political candidates without risking their tax-exempt status. U.S. District Judge J. Campbell Barker, appointed by Trump, stated he doesn’t have the authority to approve the settlements involving the IRS, two Texas churches, and the […]
IRS staffing has decreased by 27% this year. Here’s what that means for your tax refund.
This year’s tax season brings some changes, notably under the One Big Beautiful Bill Act (OBBBA). However, you might find that your refund takes a bit longer to arrive this time around. The IRS is set to have 27% fewer employees by 2026 compared to last year, which could slow down the processing of around […]
IRS advises certain workers to submit corrected tax filings due to errors in overtime pay calculations
IRS Alerts Employees About Wage Calculation Issues In recent weeks, the IRS has informed several employees that there were errors in how their wages were reported on their tax forms, prompting them to consider filing amended returns. This situation revolves around mistakes with the non-taxable portion of overtime wages. The “One, Big Beautiful Bill Act,” […]
Facing IRS debts? Ways to lower your tax liability through relief programs and payment plans
If you have a stack of unopened letters from the Treasury, it might be time to reconsider your approach. Ignoring them isn’t going to help; in fact, you’re just prolonging the inevitable. Let’s be real: managing finances right now feels like a tight squeeze. Groceries are costing more, and tax season is right around the […]
10 tax errors related to side jobs that can lead to IRS penalties and audits
Understanding Side Hustle Income and Taxes You didn’t jump into starting an Etsy shop or picking up shifts on DoorDash because you crave paperwork, right? Most people, like me, found it necessary as living costs soared. But, oh, that sudden realization in mid-April is a bit unsettling—when you register that the $15,000 you hustled for […]
Average tax refund reaches $3,571 during the 2026 filing season according to IRS data
IRS Reports Increase in Tax Refunds for 2026 Filing Season Recent statistics from the IRS indicate that the average tax refund for the 2026 filing season has risen significantly compared to last year, as the filing deadline draws near. As of March 20, the average tax refund has reached $3,571, marking an increase of $350, […]
1.4 million taxpayers experience delays in receiving refunds due to the IRS ending paper checks.
Tax Refund Delays Impact More Filers Many taxpayers are experiencing delays in receiving their tax refunds as the government moves away from paper checks. This week, Democrats on the House Ways and Means Committee addressed Treasury Secretary Scott Bessent, expressing “additional concerns” regarding around 1.4 million IRS notices sent to taxpayers about refund delays linked […]
IRS Sends Important Alert About $1.2 Billion in Refunds: ‘Time Is Running Out’
The Internal Revenue Service (IRS) is alerting that over one million Americans may lose out on $1.2 billion in tax refunds if they don’t submit their overdue 2022 returns by the April 15 deadline. Why is it important It’s been more than three years since the 2022 tax year, and any unclaimed refunds are in […]
Increased focus on tax resistance during ICE protests and the Iran conflict, with potential IRS penalties ahead
Chicago Attorney Protests Taxes, Faces Legal Consequences Rachel Cohen, a Chicago attorney, currently owes over $8,000 in federal income taxes and has opted to leave that amount unpaid. In a widely circulated article, she noted, “I paid no federal income taxes this year.” This 31-year-old community organizer filed a federal tax return indicating a balance […]