Where Is Your Tax Refund?

Where Is Your Tax Refund? The IRS is holding millions of tax returns, thus delaying refunds for many taxpayers. The reason lies mainly with the pandemic. However, the IRS has also been overwhelmed with three rounds of stimulus payments, changes in the tax laws, and...

Biden’s Tax Plan: Will It Affect You?

Biden’s Tax Plan: Will It Affect You? The Biden Administration’s expense budget released this May will concentrate on rebuilding the nation’s infrastructure, improving income equality, and extending the social safety net. Rather than strengthening the economy from the...

IRS to Substantially Increase Tax Audits

IRS to Substantially Increase Tax Audits The Biden administration wants to increase the number of tax audits by raising the IRS budget to over $80 billion and adding 87,000 new IRS jobs over the next decade. Biden plans to focus on the wealthy because the top 21...