News

The Internal Revenue Service lost 31% of its auditors from buyouts and layoffs tied to Elon Musk’s Department of Government ...
The IRS reportedly later emailed a few of the workers it fired to inform them that they could return to work full-time on ...
U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from the IRS information ...
The IRS, hit by the Trump administration's federal workforce cuts, has lost 31% of its auditors through March, government ...
The Treasury Inspector General for Tax Administration counts job losses in every state, the District of Columbia, and Puerto ...
Scott Bessent told House lawmakers that better IT and artificial intelligence will “enhance collections” at the tax agency, ...
The pair took voluntary resignation offers and left their positions after only a little more than a year of government ...
Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of fiscal year 2023, according to IRS ...
The U.S. Treasury is phasing out paper checks by September 2025. Here’s how this change could impact your next IRS tax refund ...
Reasonable cause is a complete defense to most penalties in the Code. For late-filing penalties, taxpayers should be mindful ...
Health Savings Account contribution limits will increase again next year due to inflation. Here's what you need to know.
President Trump doesn’t have the legal authority to nix Harvard University’s tax-exempt status on his own. But will that stop ...