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Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury Inspector General for Tax Administration and the risks that may arise during a time ...
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Soy Nómada on MSNIRS warns taxpayers of "significant" challenges ahead of 2026 filing seasonThe 2026 tax season could be rough, with IRS staff cuts and budget woes likely causing delays and service issues for taxpayers.
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
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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 ...
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IRS cut 11% workforce as of March 2025: TIGTA - MSNThe IRS records indicate 7,315 probationary employees received termination notices, while 4,128 employees accepted the DRP. This resulted in an 11% workforce reduction, from approximately 103,000 ...
The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.
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 ...
New legislation could mean big changes for some industries. But not all types of tips would be tax-free. Here's what to know.
The IRS workforce has fallen from 102,113 workers to 75,702 over ... “A reduction of that magnitude is likely to impact taxpayers and potentially the revenue collected ... More business.
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Not Just SNAP: How DOGE's Cuts to the IRS Could Impact YouThe potential reduction of the IRS workforce by 50% could lead to significant revenue losses over the next decade. The impact of these cuts extends beyond the IRS itself.
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