Author: Amanda Fronckoski

Like most 501(c)(3) charities, Binghamton University’s Student Association is required to annually file a report with the U.S. Internal Revenue Service documenting the financial health of the nonprofit organization. The most recent publicly available report, covering from June 1, 2024 to May 31, 2025, reveals that the SA ended the period $143,714 in debt. READ…

PENSACOLA, Fla. — It’s less than one month until the tax filing deadline. Officials warn it’s not just the fed that’s waiting to collect your information. Tax schemes are running rampant this year. Some scammers are turning to artificial intelligence pretending to be the IRS. Tech experts say education is key when it comes to…

LEXINGTON, Ky. — William asks: “Why won’t the IRS allow you to claim the Earned Income Tax Credit once you turn 65 years old?” The Earned Income Tax Credit was first enacted in 1975 as a small, temporary provision. It has since become what the AARP describes as “the largest need-tested antipoverty program that provides…

Former Portage Mayor James Snyder was sentenced to three years probation Tuesday, his 48th birthday, on his federal conviction for obstructing the IRS. U.S. District Court Northern District of Indiana Chief Judge Holly Brady read the sentencing and said she reached the decision based on many factors, including Snyder being “embroiled in this case” for…

Lawmakers say that more than 800,000 taxpayers could receive CP53E notices tied to the phaseout of paper checks, potentially delaying some refunds for over 10 weeks. Congressional Democrats are raising questions about IRS notices being sent to hundreds of thousands of taxpayers whose refunds have been delayed because the agency is moving away from issuing…

The IRS’s Office of Fraud Enforcement, launched shortly before the Covid-19 pandemic in 2020, is being revived to reduce the approximately $700 billion tax gap, or the difference between the true tax liability for a tax year and the amount that is paid on time. Taxpayers who may have committed fraud can take steps to reduce their risk…

WASHINGTON (AP) — The head of the IRS largely declined to answer questions about recent unlawful disclosures of taxpayer data when he was questioned by lawmakers at a congressional hearing on Wednesday, saying they happened before his tenure began. READ MORE

The IRS is also sending clear warnings to people who used payment apps like PayPal, Venmo or Cash App, as well as guidance on a surprise $1,776 payment that many families received. Some changes are meant to prevent fraud, while others are designed to clarify tax rules. But if you are not prepared, they could…

Many student loan borrowers who get their debt forgiven in 2026 can expect a hefty tax bill next year. That’s because a law that shielded the relief from taxation at the federal level — part of the American Rescue Plan Act of 2021 — expired in December. READ MORE

After shedding more than a quarter of its employees last year, the IRS is looking for opportunities to eliminate and consolidate office space. Before the Trump administration, the IRS workforce had about 100,000 employees, but now has fewer than 75,000 full-time staff. Most employees either accepted voluntary separation incentives or retired. READ MORE