News

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...
The 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.
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 ...
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 ...
Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
Under the new 'One Big Beautiful Bill,' the IRS is permanently ending the moving expense deduction for most taxpayers after ...
The National Taxpayer Advocate, Erin Collins, released her fiscal year 2026 Objectives Report to Congress. While the government watchdog noted that the 2025 filing season was successful, there are ...
Senate Republicans narrowly advanced President Donald Trump’s sweeping tax cut and spending reduction plan on Tuesday.
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...