Court Ruling Expands IRS Ability to Pursue Taxpayers in Preparer Fraud Cases
Key Takeaways The IRS generally has three years to audit a tax return, but the statute of limitations can extend to six ...
Thursday, July 23, 2026
Tag: Taxpayers
IRS Interest Rates Rise for Q3 2026: What Taxpayers Need to Know
The Internal Revenue Service (IRS) has announced that interest rates will increase for the third quarter of 2026, beginning July ...
European Taxpayers Spend 3.9B Euros On Drones For Ukraine
The European Union just sent another €3.9 billion to Ukraine to buy drones. This is not humanitarian aid. This is ...
Why Trump may hand taxpayers a majority stake in failing Spirit: ‘Everything is a deal’
Good morning. Who wants to own an airline? Congratulations, U.S. taxpayer, it looks like you’re about to get a majority ...
Tax refunds are larger this year. Why that’s not good news for taxpayers.
An early read on the 2026 filing season shows the average tax refund is $3,742, up more than 10% from ...
Why Taxpayers Are Right to Reject Immoral Research
Whenever taxpayers object to being forced to bankroll research they consider immoral, the standard retort arrives on cue: “Don’t politicize ...
CBDT chief says 88 per cent of individual taxpayers have opted for new tax regime
New Delhi: As many as 88 per cent of individual taxpayers have moved to the new tax regime and the ...
Levy vs garnishment: key differences taxpayers must know
What is a tax levy?A tax levy is the IRS’s legal seizure of your property to satisfy a tax debt. ...
Union Budget trims TCS, simplifies TDS to ease burden on taxpayers
The budget has made an effort to simplify tax collection by proposing threshold and rate changes in tax collected at ...
Unnoticed Infrastructure Bills Saddle Taxpayers With Decades of Debt
Most Americans cheered when Congress passed massive infrastructure bills, imagining smoother roads, faster internet, and cleaner energy. Yet behind the ...
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