News

The Republican-led House Appropriations Subcommittee proposes a significant cut to the IRS budget, sparking a heated debate ...
A House Appropriations subcommittee has passed legislation that would allocate $9.5 billion to the IRS for fiscal year 2026, ...
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and tax changes.
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 2025 tax filing season ran smoothly despite thousands of IRS layoffs, but the 2026 tax filing season could be challenging for the agency. An IRS watchdog reported that more than a quarter of ...
The Trump administration’s 2025 cost-cutting campaign at the IRS was all too successful, according to an internal watchdog report. As a result, the agency may struggle through the 2026 tax ...
The IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...
The student loan forgiveness tax break ends Dec. 31, 2025, meaning forgiven debt may soon be taxable again. Borrowers on ...
KEY TAKEAWAYS The 2025 tax filing season ran smoothly despite thousands of IRS layoffs, but the 2026 tax filing season could be challenging for the agency.An IRS watchdog reported that more than a ...
The 2026 tax season could be precarious Collins said the 2025 filing season was “one of the most successful filing seasons in recent memory,” though she warned that the 2026 season could be rocky.