Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ACCESS Newswire / July 16, 2025 / With the IRS expanding its data-matching capabilities through advanced systems like the Information Returns Processing (IRP) platform,

Tucked into the huge set of tax cuts that Republicans passed into law this month was the expansion of an unusually valuable tax break for start-up investors.

If you work in any company and live in a rented house, then you get an additional benefit of House Rent Allowance (HRA) along with your salary. This is an allowance that employed people use to get an exemption from income tax.

President Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, says economist Ernie Tedeschi of Yale's nonpartisan Budget Lab.

“Families who work hard, build equity, and sell their homes should not be punished with massive tax bills,” Greene said in a recent press release. “The capital gains tax on home sales is an outdated, unfair burden — especially in today’s housing market, where values have skyrocketed. My bill fixes that.”

A buried provision in Trump's "Big, Beautiful Bill" limits gambling loss deductions to 90% while taxing 100% of winnings.

In most instances, these are not indicative of fraud or malpractice, but rather discrepancies or gaps in information.

If approved, the proposed one-and-a-half percent earned income tax would replace the 7.5 mill property tax voters narrowly approved in 2023.

When: Lancaster City Council meeting, July 8. Council member Janet Diaz was absent. What happened: Two public speakers in favor of a low-income exemption for the city’s earned income tax objected to a report by Tina Campbell,