News

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...
The IRS faces a challenging landscape for the 2026 tax filing season, marked by a drastic workforce reduction and significant ...
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
Since President Donald Trump issued the return-to-office mandate for all federal employees on Jan. 20, federal workers ...
Senate Republicans narrowly advanced President Donald Trump’s sweeping tax cut and spending reduction plan on Tuesday.
Under the new 'One Big Beautiful Bill,' the IRS is permanently ending the moving expense deduction for most taxpayers after ...
If IT modernization projects fall behind schedule, IRS staffing cuts could jeopardize the success of next year’s filing season, an agency watchdog warns.
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...