TAX NEWS
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- Understanding Required Minimum Distributions (RMDs) and the rules surrounding them is a vital part of a retirement withdrawal strategy. Here's what to know.
- The IRS issued 99.13 million refunds this year – up 6% from last year – totaling $324 billion, an 18% increase. That translated to higher individual tax refunds. Last year, the average tax refund was …
- Proposed regulations released on September 3, 2026 would deny tax-exempt status under section 501(c)(3) to any private school that considers race, color, …
- The IRS workforce is down 27% from a year ago — and for the half-million Americans waiting on identity theft resolutions, that staffing collapse means refunds withheld for nearly two years.
- The proposed regulations would cover admissions, educational policies, scholarships, and more.
- Treasury and the IRS just proposed a rule that could strip tax-exempt status from up to 18,000 private schools over racial discrimination. Here's what's at stake …
- The Trump administration unveiled a plan Thursday to cancel the tax-exempt status of universities that is says give preferential treatment to minority students.
- The IRS slashed its auditing staff last year — but the move may have backfired as tax collections from enforcement efforts plummeted, an Inspector General report shows.
- These ten tax rules are simple, but they can save you money on your taxes, and can keep you out of harms way with the IRS.