The S&P 500 hits another record as President Donald Trump announced a trade deal with Vietnam. Separately, his ‘big beautiful ...

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

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.

Could Trump’s new tax proposal eliminate the IRS as we know it? This video breaks down Trump’s push to slash income taxes, ...

More than one-quarter of the agency’s workers have left in the past three months, raising the likelihood of service gaps and ...

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

The Senate advanced Trump’s priorities, which Republicans have been calling the One Big Beautiful Bill. Here’s how it could ...

Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...

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.

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.