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The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
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Soy Nómada on MSNIRS cuts will affect tax season in 2026The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
As reported by Kiplinger, the layoffs at the IRS impacted nearly every division. By the end of the 2025 tax season, more than 25% of the agency’s workforce had been cut down via layoffs, buyouts, or ...
Several of the provisions in the law are not permanent, and will expire in 2028.
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.
Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
12don MSN
Navigating taxes in retirement can be challenging. Your tax situation may differ from your working years due to income and ...
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