News

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
The S&P 500 hits another record as President Donald Trump announced a trade deal with Vietnam. Separately, his ‘big beautiful ...
Could Trump’s new tax proposal eliminate the IRS as we know it? This video breaks down Trump’s push to slash income taxes, ...
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
The IRS faces a challenging landscape for the 2026 tax filing season, marked by a drastic workforce reduction and significant ...
Layoffs began rolling out in February, and by mid-year, more than a quarter of a million workers had been removed from the federal payroll. According to Government Executive, agencies including the ...
Experts say the layoffs of roughly 7,000 IRS workers likely mean the end of the agency’s plans to go after high-wealth tax dodgers and could spell disaster for revenue collections.
A recent study by Citizens for Responsibility and Ethics in Washington reveals that the Trump administration's DOGE cuts ...
Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...