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Huge amount taxpayers will pay after LAUSD agreed to union deal

Huge amount taxpayers will pay after LAUSD agreed to union deal

Los Angeles taxpayers are facing a significant financial burden following an agreement by LAUSD to compensate workers across three different unions, which successfully prevented a last-minute strike. The financially struggling school district announced on Tuesday that it reached a tentative deal to provide substantial raises for its employees, despite students in the district reportedly underperforming […]

Data reveals 53 million taxpayers took advantage of Trump’s tax cuts this season

Data reveals 53 million taxpayers took advantage of Trump’s tax cuts this season

Tax Season Update This filing season, over 53 million taxpayers have taken advantage of at least one of President Donald Trump’s major tax cuts. The average tax refund this year is around $3,400, according to the latest Ministry of Finance data released on Tax Day. The figures reflect the first tax filing season since the […]

Trump administration ends IRS Direct File, taxpayers will need to look for other free choices.

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

Google sues Chinese scam group and supports anti-fraud legislation in Congress.

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 […]

Frequent tax errors that lead to higher costs for taxpayers during filing season

Frequent tax errors that lead to higher costs for taxpayers during filing season

Tax season tends to be quite a stressful time, and mistakes can make it even worse—potentially turning a normal filing routine into a costly headache. With tax day approaching quickly, just ten days away now, even minor errors can lead to delays in refunds or notifications from the IRS, which could include unexpected penalties. Here […]

50,000 New York taxpayers affected by ‘mistake’ resulting in smaller refunds

50,000 New York taxpayers affected by 'mistake' resulting in smaller refunds

Tax Refund Issues in New York Due to Typographical Error A small typographical mistake on tax documents has caused problems for over 50,000 taxpayers in New York. Some individuals are receiving smaller refunds than expected, while others have been informed that they owe more than they thought. The error has been corrected, but officials note […]

New York pension increase might burden taxpayers with nearly $1.5 billion annually

New York pension increase might burden taxpayers with nearly $1.5 billion annually

Pension Cost Increase in New York ALBANY — Recent discussions at the state Capitol unveiled that the annual cost of pension enhancements for state workers, educators, and others will reach around $1.5 billion. This burden will largely fall on school districts, local governments, and, notably, their taxpayers. Various unions are advocating for a three-part proposal […]