George Bennett The Internal Revenue Service is the federal agency in the U.S that is responsible for collecting taxes and enforcing the federal tax laws, which is further defined as audits. The IRS uses audits as a tool to promote voluntary compliance and to maintain the integrity of the tax system. The IRA audits help ensure that … Read more
An IRS audit is the review of an individual’s or organization’s accounts, books and financial records to ensure that the information reported on their tax return is accurate according to the tax laws. Your income level could considerably impact your chances of being audited. Generally, people with higher incomes are likely to be audited more … Read more
The Social Security full retirement age (FRA) is shifting again — and it’s reshaping when millions of Americans can claim their full benefits. Starting in 2025, those born in 1959 will see their FRA rise to 66 years and 10 months, just shy of the long-anticipated 67-year mark. Here’s what this means for your retirement … Read more
The Consumer Financial Protection Bureau (CFPB) has finalized a $2 billion restitution order requiring Wells Fargo to compensate millions of customers wrongly charged between 2011 and 2022. Payments are automatic in 2025 — no forms or claims needed. Find out who qualifies, how much you’ll receive, and how to avoid settlement scams. Wells Fargo’s $2 … Read more
Social Security recipients across the U.S. are seeing talk of a $4,018 direct deposit in November 2025, but few realize what that number actually represents. The figure is real — yet it’s not a special one-time payment. Here’s the truth behind the $4,018 benefit, who qualifies, and when the November 2025 Social Security deposits will … Read more
The Social Security Administration (SSA) has confirmed the full 2026 payment calendar for retirees, SSI, and disability beneficiaries. The new schedule details when each group will receive their monthly direct deposits — including those affected by the 2.8% COLA increase taking effect in January 2026. Here’s the complete month-by-month deposit timeline. 2026 Social Security Direct … Read more
Millions of Americans are waiting for the $2,000 direct deposit program that aims to offer immediate financial relief amid rising costs. The payments—issued through the IRS and federal benefit systems—target low- and middle-income families, Social Security and VA recipients, and working Americans struggling with inflation. Here’s the full eligibility list, payment methods, and 2025-26 deposit … Read more
Federal workers will receive a 1% across-the-board pay raise beginning January 2026, under President Donald Trump’s Alternative Pay Plan. However, law-enforcement officers will get an additional 2.8% special adjustment, implemented by the Office of Personnel Management (OPM) through Title 5 “special pay rates.” Here’s when the raise begins, who qualifies, and how it affects benefits … Read more
The Social Security Administration (SSA) has confirmed a 2.8% Cost-of-Living Adjustment (COLA) for 2026, raising monthly benefits for more than 75 million Americans. Retirees will see an average increase of about $56 per month, while Supplemental Security Income (SSI) recipients will get higher payments starting December 31, 2025. Here’s everything you need to know about … Read more
The Social Security Administration (SSA) will announce the 2026 Cost-of-Living Adjustment (COLA) on October 24, 2025. While the expected 2.7% increase should bring modest relief to retirees, rising Medicare premiums and ongoing inflation could erase much of the gain. Here’s how the new COLA is calculated, when it takes effect, and why many seniors feel … Read more