The bill would raise the income threshold on which Social Security recipients pay taxes. U.S. Senator Marsha Blackburn of Tennessee has proposed the Retirees First Act, which would…
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Senate Considers Bypassing Parliamentarian to Extend Tax Cuts
The measure would then only require a simple majority. Leaders in the Senate majority are considering a move to bypass the ruling of Senate parliamentarian Elizabeth MacDonough to…
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Federal Judge Temporarily Blocks DOGE Access to OPM and Education Department
District Judge Deborah Boardman granted a two-week restraining order on the Education Department and the Office of Personnel Management (OPM) on Monday, preventing the sharing of any personal…
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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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President Signs Order to Halt Federal Funding to Illegal Aliens
DHS already retrieved money sent to a luxury hotel in NYC. President Donald Trump signed an executive order on Air Force One this past week directing his agencies…
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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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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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Connecticut Joins IRS Direct File Program for 2025
Secretary Yellen talks about the successful pilot of the program this year. The Internal Revenue Service (IRS) announced Friday that Connecticut has opted into its Direct File service…
Read MoreIRS Reaches $1 Billion Milestone for Wealthy Back-Tax Collection
The agency is working to increase transparency of how is uses federal funds to address tax evasion. The Internal Revenue Service (IRS) announced Thursday that is has reached…
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