News

WASHINGTON - Energy Innovation estimates that clean energy tax cuts in The Big Beautiful Bill could cost Washingtonians an additional $39 annually by 2030.This translates to $3.25 more each month ...
IRS has shrunk by 25%, mostly through voluntary separation incentives, while the Social Security Administration plans to shed ...
A retired IRS communications executive told the AICPA’s Town Hall that employees will be challenged to explain tax changes in ...
A Republican-led initiative to slash the IRS budget by over 20% has ignited a fierce debate in Washington. The proposal, ...
A new 2026 tax rule lets individuals and couples deduct up to $2,000 in charitable donations without itemizing. The move aims ...
Layoffs mean lost income, halted retirement contributions, and uncertain health coverage. Even those still employed face new ...
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2% in its 2026 financial year, ...
Plus: Employees could lose a work perk (thanks to the One Big Beautiful Bill Act), new retirement account penalty rules, ...
More than 25,000 IRS employees separated, accepted a deferred resignation program offer, or took some other incentive to ...
The tax agency overall is down a quarter of its staff through a combination of deferred resignations, retirements and RIFs, ...
President Trump signed into law a bill entitled “An Act to provide for reconciliation pursuant to title II of H. Con. Res.
The research, published in the San Francisco Fed's latest Economic Letter, is part of an ongoing effort at the U.S. central bank to try to figure out the real impact of President Donald Trump's ...