Fraudulent ACA Enrollments Stall Tax Refunds, Spark Debate Over Coverage Access As Americans completed their tax filings this week, many encountered unexpected tax bills linked to unauthorized Affordable Care Act (ACA) enrollments. Fraudulent sign-ups or unrequested plan switches by rogue
Resume Deadlines, Potential Layoffs, and Union Changes Loom as Tax Season Ends As Americans concluded their tax filings, IRS staff across the nation confronted their own critical deadlines, facing potential job losses and significant workplace changes due to federal downsizing
New Law Halts 2026 Crypto Tax Disclosure Requirement, Delivering Industry Victory President Donald Trump has signed a bill into law, effectively repealing an IRS rule that would have mandated cryptocurrency brokers to report transaction data. This move, reversing a regulation
Legality of Facility Usage Fee for Out-of-State Athletes Challenged The Pennsylvania Supreme Court heard arguments Thursday regarding the legality of Pittsburgh’s 3% facility usage tax, commonly known as the “jock tax,” levied on income earned by nonresident athletes and performers
90-day tariff pause announced as stock markets rally; China now faces 125% duty amid escalating trade tensions In a major shift, former President Donald Trump announced a 90-day pause on recently imposed higher tariffs for dozens of U.S. trade partners.
Ohio, Indiana Proposals Signal Bipartisan Shift in Family Tax Relief Republican-majority states like Ohio and Indiana are considering adopting refundable child tax credits, a policy traditionally associated with progressive agendas. These proposals indicate a growing bipartisan consensus on direct family
New Agreement Sparks Debate Over Privacy and Tax Compliance The Internal Revenue Service (IRS) has agreed to share certain taxpayer information about immigrants with U.S. law enforcement agencies involved in criminal investigations. This decision follows a newly signed agreement between
Republican-Led Budget Resolution Advances Amid Global Economic Uncertainty The U.S. Senate has approved a budget resolution that sets the stage for extending the Trump-era tax cuts and raising the federal debt ceiling. This move comes as the global economy faces
Jessica Crawford Faces Decades in Prison for Orchestrating Pandemic Relief and Tax Scheme A Georgia tax preparer, Jessica Crawford, has admitted to a multi-million-dollar tax fraud scheme involving fabricated businesses and manipulated COVID-era credits, potentially facing a lengthy prison sentence.
Sweeping Tariffs Aim to Boost Domestic Manufacturing, but Raise Global Concerns In a major policy shift, President Donald Trump announced a sweeping set of tariffs on imported goods during an April 2 speech at the White House Rose Garden. The