“The first places we may be able to notice the effects of IRS cuts are in taxpayer service and just return processing. For ...
House Democrats led by Rep. Brad Schneider (Ill.) pressed Treasury Secretary Scott Bessent on mass layoffs at the Internal ...
The IRS is projected to lose $500 billion in revenue as taxpayer revolt grows, fueled by significant cuts from the Department ...
In this episode of Tax Notes Talk, Tax Notes IRS reporter Benjamin Valdez provides an update on the IRS’s recent staffing developments and how they may affect filing season.
The Trump administration is intending to make cuts to ... of its staff. It also follows reports that the Trump administration is planning to get rid of nearly 20 percent of the IRS workforce ...
Abrupt, DOGE-directed staff cuts at the agency have sparked fears that U.S. tax revenue could plummet by 10 percent, or $500 ...
They said the cuts are akin to a private company firing its accounts receivable staff, and the disruption would hamper IRS’ ability to effectively and accurately collect revenue. Several Trump ...
Staff cuts under Donald Trump’s government-wide reduction are putting large ongoing audits on hold, and the IRS is unlikely to beef up its enforcement division in the short term ...
Trump officials are downplaying the staff cuts and their impact on audits. Treasury Secretary Scott Bessent told NBC on Sunday, “We are doing a big review. I have three priorities for the IRS ...