Four tax preparers from Texas whose fraudulent returns for clients cost the IRS more than $7.5 million were sentenced to 105 ...

Companies that employ workers who receive tips are currently eligible for a tax credit (the 45B tax credit). That gives them ...

Help Register Login Login Hi, %{firstName}% Hi, %{firstName}% Games Car rental Tax provisions that could decrease taxes paid ...

The average federal income tax refund amount was $2,942 — up 3.3% from 2024 ... % drop in its staffing — losing roughly ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

Since President Donald Trump issued the return-to-office mandate for all federal employees on Jan. 20, federal workers ...

Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...

The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

The budget bill championed by President Donald Trump could complicate next year’s tax filing season after the IRS lost ...

If IT modernization projects fall behind schedule, IRS staffing cuts could jeopardize the success of next year’s filing season, an agency watchdog warns.