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December 22, 2025
Iowa tax collection actions rose sharply in FY2025, public records show, as the state stepped up levies, liens, and garnishments on taxpayer debt.
Iowa payment plans jumped to 49,800 in FY2025 from 26,116, IDR records show, as the reported default rate climbed from 28.5% to 32.98%.
More than 6.5 million children have signed up for Trump Accounts. Published guidance does not say if a child's account can be levied for a parent's tax debt.
Can the IRS take money from a child's Trump Account for a parent's tax debt? Learn how ownership, nominee rules, and wrongful-levy claims apply.
The IRS has announced the Automatic Exemption from Penalty program. Learn how the 2026 transition works, who may qualify, and what taxpayers should do.
IRS suspended returns 2026: 14.2 million individual tax returns delayed, and only 31% of balance-due calls reached IRS staff this filing season.
