It’s going to take years before the IRS gets to its pre-2025 levels of efficiency, if at all,” said Phil Karter, a shareholder at Chamberlain, Hrdlicka, White, Williams & Aughtry.
"I think you will see ... more settlements in the taxpayers' favor than might otherwise be the case if the IRS was fully ...
It's tax filing time, and for many Americans, that means extra financial stress. Some may be unable to pay their tax bills or could find themselves adding onto already existing tax debt — putting them ...
"The IRS is aware and is working on the issue," said Barbara League, a partner at Orrick. "At this time, they have no estimated timeline during which it will be resolved." Attorneys and tax-exempt ...
With the IRS expected to lose about a third of its staff after firings and buyouts, wealthy taxpayers and attorneys are struggling to navigate the new regime. The upside for high earners is clear: ...
Recent improvements in taxpayer services are expected to be unwound by the firing of nearly 7,000 Internal Revenue Service employees, which began on Thursday at the height of the tax-filing season.
The Trump administration's reported plan to let immigration authorities gain access to Internal Revenue Service data may face legal challenges, according to experts. "I suspect they will be promptly ...
Attorney Lee Stivale, who has been associated with Troy Beam, testified for the defense Thursday at Beam's trial in U.S. Middle District Court in Harrisburg. Beam is charged with obstructing the IRS ...
The IRS is reportedly preparing to reduce its nearly 100,000 workforce by as much as half through layoffs, buyouts, and attrition — and experts say the disruption is already interfering with this tax ...
A federal judge threw out a defamation lawsuit filed by two IRS agents against Hunter Biden’s attorney, finding that the lawyer’s statements were constitutionally protected opinions.
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight ...