We asked financial professionals what they are telling clients about filing their returns this year and mitigating tax bills ...
It would likely contribute to a longer-term trend at the agency of diminished audit rates, minimal tax enforcement for the ...
Through Feb. 21, the latest date currently available on the IRS website, the agency has issued 29,615,000 refunds, roughly ...
New reports indicate that Elon Musk may hit the agency with a second round of mass layoffs, and that audits could be abandoned amid the diminished headcount.
The 2025 tax season is in full swing, but the IRS is seeing fewer returns so far. Here's some things that could be causing it.
The Internal Revenue Service is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition ...
Losing half of its employees would severely strap the I.R.S., meaning Americans may have to wait longer to receive tax ...
If you owe the IRS money for back taxes and need some extra help, there are a few different options to consider.
“All of a sudden, these cases are going to be closed and we’re going to look like idiots,” said a senior revenue agent, who ...
At the same time, the Internal Revenue Service is planning to close over 100 in-person Taxpayer Assistance Centers.