News

An under-the-radar provision inside President Donald Trump’s “One Big, Beautiful Bill Act” will reduce the amount of gambling ...
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...
This latest round of IRS warning letters comes at a time of intense discussion over crypto tax policy in Washington. While ...
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
More than one-quarter of the agency’s workers have left in the past three months, raising the likelihood of service gaps and ...
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
The rule was introduced by former President Lyndon B. Johnson in 1954 when he was serving as the U.S. Senate majority leader.
The IRS says pastors endorsing political candidates during services should not risk losing their tax-exempt status.
IRS staff losses pose ‘risks’ to next tax filing season, report warns More than one-quarter of the agency’s workers have left in the past three months, raising the likelihood of service gaps ...