Trump wants to ‘abolish’ the IRS and replace it with tariffs. Can it work?
No one wants to pay taxes, and practically every American dislikes the IRS. But, as the saying goes, the only guarantees in ...
IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgers, experts say
The layoffs of roughly 7,000 IRS probationary workers beginning this week likely mean the end of the agency's plan to go ...
Where's my refund?: What to know about the status of your tax refund amid IRS layoffs
Tax season officially started January 27 and the IRS expects more than 140 million tax returns to be filed by the April 15 tax deadline. So how long will it take to get your refund?
IRS plans to lay off 7,000 probationary workers beginning Thursday, AP source says
WASHINGTON -- The IRS will lay off roughly 7,000 workers in Washington and around the country beginning Thursday, a person ...
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Trump and Musk’s DOGE purge sees 6,700 IRS staff fired during tax season
The mass firing of IRS employees will impact those who have been working at the agency for less than a year, and will leave ...
Trump’s Tax Cuts: Widowed Individuals Should Consider Portability Now
Widowed individuals need to take proactive steps to secure the Deceased Spousal Unused Exclusion Amount election, also known ...
Denver workers lose jobs as part of sweeping nationwide layoffs at IRS
The Inflation Reduction Act, signed into law by President Joe Biden in 2022, gave the IRS $80 billion and the ability to hire ...
Trump’s tariffs may lead to savings for Americans through tax cuts: Research
US President Donald Trump’s plan to replace income taxes with tariffs could save the average American at least $134,809 over ...
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IRS reviews and seizes bank accounts that do not comply with these rules
Americans face the crucial task of filing their taxes, a process that involves the IRS, the nation's tax authority. This article delves into the IRS's role in tax compliance and the serious ...