Cutting IRS staffing in half over the next 10 months would mean less help and longer waits for many US taxpayers and increase the risk that wealthy tax cheats escape paying what they owe. It also ...
Latin Times on MSN12d
It is not clear if the firings will affect the process of filing tax returnsA tax expert said incoming layoffs at the Internal Revenue Service (IRS) don't make sense given their timing, as few weeks ...
The Internal Revenue Service (IRS) is planning to slash approximately ... Trimming the workforce will partially undo the Biden administration’s Inflation Reduction Act, which devoted $80 billion ...
independent watchdog says An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats' Inflation Reduction Act but is slow to resolve certain identity theft ...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 10, 2025 – February ...
The Associated Press on MSN16d
IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgersExperts say the layoffs of roughly 7,000 IRS workers likely mean the end of the agency’s plans to go after high-wealth tax dodgers and could spell disaster for revenue collections.
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