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Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after ...
The 2026 tax season could be rough, with IRS staff cuts and budget woes likely causing delays and service issues for taxpayers.
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.
T he Internal Revenue Service (IRS) has undergone a dramatic reduction in its workforce, cutting over 25,000 jobs in the past year. This significant decrease, as reported by the National Taxpayer ...
New legislation could mean big changes for some industries. But not all types of tips would be tax-free. Here's what to know.
The potential reduction of the IRS workforce by 50% could lead to significant revenue losses over the next decade. The impact of these cuts extends beyond the IRS itself.
WASHINGTON (AP) — The budget bill championed by President Donald Trump could complicate next year’s tax filing season after the IRS lost one-quarter of its employees through staffing cuts, an ...
The IRS workforce has fallen from 102,113 workers to 75,702 over ... “A reduction of that magnitude is likely to impact taxpayers and potentially the revenue collected ... More business.