News
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 ...
1d
Bankrate on MSNNo tax on tips and overtime: Here’s how your taxes may shrinkNew tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
6d
Soy Nómada on MSN25,000 IRS Employees Laid Off and Budget Slashed: Immediate Changes by President TrumpThe 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.
Since President Donald Trump issued the return-to-office mandate for all federal employees on Jan. 20, federal workers ...
10don MSN
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
As reported by Kiplinger, the layoffs at the IRS impacted nearly every division. By the end of the 2025 tax season, more than 25% of the agency’s workforce had been cut down via layoffs, buyouts, or ...
4d
Soy Nómada on MSNIRS no longer allows moving expense deduction under new lawUnder the new 'One Big Beautiful Bill,' the IRS is permanently ending the moving expense deduction for most taxpayers after ...
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results