Using AI for your taxes: A dangerous shortcut that may get you in trouble with the IRS
Utilizing AI for tax preparation might appear to be a clever shortcut, but it brings potential risks. With the tax deadline looming on April 15, many Americans are exploring ways to mitigate the stress of tax season, and some leaders in the AI field are promoting their tools as useful options. AI chatbots, like ChatGPT […]
Tax season 2026: why millions of Americans are facing unexpected IRS bills instead of refunds
April isn’t typically a month people expect financial surprises, but millions of Americans are facing unexpected tax bills this year. Instead of the refunds they hoped would help with holiday debts or summer plans, they’re looking at bills that could make anyone want to toss their laptop. The reasoning behind this predicament is rather straightforward. […]
Trump administration ends IRS Direct File, taxpayers will need to look for other free choices.
Tax Preparation Costs and Available Resources The IRS Taxpayer Advocate Office reports that Americans typically spend around $240 annually on tax preparation and filing. It’s a complicated process, and surprisingly, about 1 million eligible taxpayers miss out on claiming refunds, resulting in the U.S. Treasury keeping over $1 billion of their money. Luckily, many taxpayers […]
Congress alerts taxpayers about IRS fraud schemes before the April 15 deadline
Warnings About Tax Season Scams Bipartisan leaders from Congress’ Joint Economic Committee are raising concerns about scams related to the upcoming tax season. As the deadline for filing approaches, these fraudsters are increasingly targeting unsuspecting taxpayers. Taxpayers have until April 15 to submit their 2025 tax returns or seek an extension, and it’s likely that […]
Average tax refund is 11% greater, recent IRS filing data reveals
Tax Refunds Rise This Season The average tax refund this season has increased by 11.1% compared to the same period last year, based on recent data from the IRS. As of April 3rd, the average amount for individual filers reached $3,462, up from $3,116 last year, according to a report from the IRS on Friday. […]
Lawmakers call on the IRS and Treasury to investigate nonprofits connected to the CCP
House Members Call for Investigation into Nonprofits Linked to China Top officials in the House of Representatives are urging the Treasury Department and the Internal Revenue Service to look into U.S. nonprofit organizations that have been reportedly used by the Chinese Communist Party (CCP) to influence elections and political matters in the United States. These […]
Withdrawing from 401(k) to settle IRS debt: fees, taxes, and dangers
Receiving an unexpected tax bill can quickly send anyone into a panic, no matter their financial situation. It’s natural to want to fix financial issues quickly, which is why many turn to their 401(k)s or IRAs as potential lifelines. They often reach out to tax relief companies like TaxRise, desperate to access funds just to […]
JD FOSTER: A Harsh Reality Check is the Only Solution for the Political IRS
When patients display a consistent pattern of psychosis, it often calls for a label. For today’s Democrats, let’s refer to this as “Inconvenient Reality Syndrome” (IRS). Take the recent “No King” demonstrations. While the left asserts that former President Donald Trump exhibits authoritarian tendencies, they conveniently overlook President Joe Biden’s actions that seem to bypass […]
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 […]