The fund is part of a settlement agreement in a lawsuit brought by the president and members of his family. The U.S. Department of Justice (DOJ) has announced…
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First Lady Highlights Mothers as America’s Strength
Mrs. Trump stated, “Women can lead boldly at work while restoring the honor of motherhood.“ From the Office of First Lady Melania Trump A mother’s devotion to her…
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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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IRS Releases 6,700 Probationary Employees
The White House continues to pursue its government efficiency agenda. The Internal Revenue Service (IRS) dismissed 6,700 employees on Thursday, becoming the next cut in a series of…
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IRS Employees Must Wait Until After Tax Season to Accept Paid Federal Leave
They received a letter specifying May 15 as the date key positions are eligible. Employees at the Internal Revenue Service received notice last week informing them that they…
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FTC Finalizes Settlement with H&R Block Over Unfair Practices
The tax prep company was ordered to repay $7 million to customers, downgrade processes, and improve transparency. The Federal Trade Commission (FTC) finalized a settlement requiring H&R Block…
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Senators Introduces Bill to Increase Tax Deductions on Charitable Donations
The Charitable Act receives bipartisan support. Senators James Lankford of Oklahoma and Chris Coons of Delaware recently introduced the Charitable Act which is receiving bipartisan support. The legislation…
Read MoreIRS Outlines Inflation-Adjusted Deductions for 2025 Tax Year
The standard deduction rises up to $15,000 for single and $30,000 for married taxpayers. The Internal Revenue Service (IRS) updated its standard deductions for U.S. taxpayers in 2025,…
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Nearly Half of States to Participate in IRS’ Direct File in 2025
The free online service will be available to more than 30 million in 2025. The Internal Revenue Service (IRS) announced that over 30 million taxpayers are eligible for…
Read MoreIRS and Treasury Department Report on Funds Recovered from Tax Evaders
The treasury secretary announces $1.3 billion recovered from wealthy tax filers and non-filers and other audits. U.S. Treasury Secretary Janet Yellen and Internal Revenue Service (IRS) Commissioner Danny…
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