Families can start activating Trump Accounts before the July rollout and the first round of federal pilot deposits. The U.S. Department of the Treasury announced the nationwide release…
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Justice Department Ends Anti-Weaponization Fund after Judge’s Ruling
President Trump met with House Speaker Mike Johnson about the fund that would have compensated victims of government weaponization and lawfare. The Department of Justice halted the creation…
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Federal Grand Jury Charges Nonprofit for Fraud, Money Laundering
Acting Attorney General Blanche and FBI Director Patel announced the indictment against Southern Poverty Law Center. The Department of Justice announced that a federal grand jury in Montgomery,…
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Treasury and IRS Outline Next Phase of Opportunity Zone Designations
New guidance sets timeline and criteria for states to nominate investment areas beginning in 2026. The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released…
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Treasury and IRS Announce Tax Filing Relief for DHS Personnel
The federal agencies seek to support “DHS employees and their families unfairly impacted by ongoing shutdown.“ The Department of the Treasury and the Internal Revenue Service (IRS) have…
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Federal Authorities Investigate Millions in Cash Leaving U.S. Airports
Ongoing probes examine declared currency movements and potential fraud links. The Department of the Treasury, Federal Bureau of Investigation (FBI), Internal Revenue Service (IRS), and Homeland Security Investigations…
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Social Security Beneficiaries May Receive Tax Breaks Under New Laws
Congress makes adjustments for individuals 65 and over, and for Social Security beneficiaries. Congress enacted two laws this year, President Donald Trump’s “One Big Beautiful Bill” and the…
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IRS Releases Guidance for Tax Deductions on Tips and Overtime
Workers who received tips or overtime will be able to deduct this compensation when filing their 2025 income taxes. The Internal Revenue Service (IRS) has released guidance on its “no…
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Federal Charges Filed in Alleged $90M Employment Tax Scheme
Prosecutors say an Orange County staffing network withheld payroll taxes and used the funds for personal gain. Federal authorities have charged the owner of a Southern California staffing…
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IRS Raises Retirement Contribution Limits for 2026
Limits have been increased by $500 and more for various savings plans. The Internal Revenue Service (IRS) announced increased limits for 401(k) and Individual Retirement Account (IRA) plans…
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