Taxes are already complicated, and filing them incorrectly can make things even worse, as mistakes can result in a letter from the IRS and potential penalties. Some areas on your tax filings are ...
The IRS is on its third Commissioner in just over a month. Secretary of the Treasury Scott Bessent announced that IRS Chief Operating Officer Melanie Krause will become acting IRS Commissioner ...
views on IRS collections and the debt ceiling. (The Hill) – The IRS is preparing to get rid of half of its workforce, according to two media reports – part of a blitz by the Trump ...
The Trump administration's Treasury Department is in the midst of weighing a "wide range" of possibilities to streamline the Internal Revenue Service amid reports up to half of the IRS staff could ...
The IRS continues to see a decreased number of returns being filed, but expects things to even out closer to Tax Day. Around 6,000 IRS workers were laid off by the Trump Administration ...
The IRS’s Free File program is open again this tax season, marking its 23rd year as a free, online tax preparation option for millions of Americans. For 2025, the IRS has made a major expansion ...
WASHINGTON — The layoffs of roughly 7,000 IRS probationary workers beginning this week likely mean the end of the agency's plan to go after high-wealth tax dodgers and could spell disaster for ...
Fewer taxpayers are deciding to file early this tax season than a year ago, but early refunds are higher in 2025. During the first two weeks of this year's tax season, the average federal income ...
Fewer taxpayers are deciding to file early this tax season than a year ago, but early refunds are higher in 2025. During the first two weeks of this year's tax season, the average federal income tax ...
With tax season 2025 currently upon us, this can be a high anxiety-producing time for many taxpayers. For most seasoned employees, filing taxes to the IRS is a fairly straightforward procedure, ...
A group of former commissioners at the Internal Revenue Service is sounding the alarm about the thousands of layoffs at the agency in the midst of tax season. Last week, the IRS laid off between 6,000 ...
A group of former commissioners at the Internal Revenue Service is sounding the alarm about the thousands of layoffs at the agency in the midst of tax season. Last week, the IRS laid off between ...