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Soy Aire on MSNIRS Budget Cuts: A Debate on Fiscal Responsibility and Tax ComplianceThe Republican-led House Appropriations Subcommittee proposes a significant cut to the IRS budget, sparking a heated debate ...
The Trump administration is warning of dire consequences if it cannot reverse the tax agency's recent staffing exodus.
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 IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...
A House Appropriations subcommittee has passed legislation that would allocate $9.5 billion to the IRS for fiscal year 2026, ...
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 ...
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Soy Nómada on MSNFederal tax break on student debt forgiveness set to expire in 2026The 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 ...
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