Taxes March 14, 2025
In a Tuesday night CBS interview with U.S. Commerce Secretary Howard Lutnick, the federal official stated President Trump hopes to eliminate taxes for people who earn less than $150,000 a year.
Taxes March 14, 2025
President Trump's pick to lead the Centers for Medicare and Medicaid Services, Dr. Mehmet Oz, is set to have his confirmation hearing before senators on Friday, a day after reports surfaced that he may have “significantly” underpaid Social Security and Medicare taxes in recent years.
Payroll March 14, 2025
A federal judge in California on March 13 ordered six agencies to reinstate the employment of probationary employees who were fired by the Trump administration.
Payroll March 12, 2025
The Social Security Administration said it was acting in the interest of fiscal responsibility. Advocates for Social Security beneficiaries described the action as cruel and harmful.
IRS March 10, 2025
The bill would claw back $20.2 billion in spending for the Internal Revenue Service passed as part of President Joe Biden’s signature green-energy Inflation Reduction Act.
Small Business March 6, 2025
In a post on Truth Social, President Trump said he would delay for one month the imposition of 25% taxes on Mexican imports that fall under a free trade agreement that he negotiated during his last term.
Payroll March 5, 2025
With low confidence in their careers and a significant number of Americans concerned about their financial situation in case of a job loss, it’s more important than ever for all workers to prepare financially for the future.
Small Business March 5, 2025
While acknowledging there may be an “adjustment period” as his tariffs take effect, President Donald Trump defended his push to remake the U.S. economy and declared “momentum is back” in a prime-time speech to Congress Tuesday night.
Payroll March 4, 2025
During an appearance on comedian Joe Rogan’s podcast last week, Musk criticized Social Security benefits, which are received by an estimated 72.5 million Americans.
Small Business March 3, 2025
As you can imagine, there have been many views expressed on the Treasury Department's announcement Sunday evening that it will no longer enforce the Corporate Transparency Act or the associated beneficial ownership information reporting requirements.
IRS March 3, 2025
Dismissal notices went out Saturday to about 85 employees of 18F, a federal agency that works on improving government technology—effectively shutting down an office hailed a decade ago as Uncle Sam’s new tech startup.
IRS February 26, 2025
IRS chief operating officer Melanie Krause will be taking over as the agency's acting commissioner, a move that was announced by Treasury Secretary Scott Bessent on Monday after current IRS interim chief Douglas O'Donnell said he plans to retire on Feb. 28.