News

Congressional leaders have eliminated nearly all the Inflation Reduction Act’s $45.6 billion in new funding for tax ...
IRS staff reductions intensify this September, raising concerns about enforcement capacity and taxpayer services.
The IRS faces a second wave of workforce reductions, deepening cuts that began in May. With nearly 28% of its workforce ...
Bloomberg Tax senior reporter Michael Rapoport discusses the departures of attorneys representing the IRS in court cases, and ...
The tax agency slimmed down its strategic IT initiatives from 23 to nine and has promised to release “new strategic plans” ...
Since President Donald Trump was sworn into office earlier this year, there has been widespread discussion about the future ...
The valuable electric vehicle tax credit for new and used EVs is about to end. Here’s what you should do now if you want to ...
Deep IRS staffing cuts may fuel a wider deficit, leaving taxpayers with longer waits, weaker enforcement, and lasting economic risks.
The GOP is considering ending this free IRS tax filing program. Find out what's happening and what it means for you.
Electric vehicle purchases have long been eligible for a federal tax credit of up to $7,500. That is changing on Sept. 30 ...
After pushing 26,000 employees out, the tax agency is scrambling to find enough personnel to carry out its duties.