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Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after ...
The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.
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Soy Nómada on MSNIRS warns taxpayers of "significant" challenges ahead of 2026 filing seasonThe 2026 tax season could be rough, with IRS staff cuts and budget woes likely causing delays and service issues for taxpayers.
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
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Soy Nómada on MSNIRS cuts will affect tax season in 2026The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
New legislation could mean big changes for some industries. But not all types of tips would be tax-free. Here's what to know.
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Not Just SNAP: How DOGE's Cuts to the IRS Could Impact YouThe potential reduction of the IRS workforce by 50% could lead to significant revenue losses over the next decade. The impact of these cuts extends beyond the IRS itself.
Impact on IRS divisions The staffing reductions have particularly affected taxpayer services, small business/self-employed divisions, and information technology (IT) teams.
The budget bill championed by Trump could complicate next year’s tax filing season after the IRS lost one-quarter of its employees through staffing cuts. That's what an independent watchdog says ...
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IRS will make adjustments in the 2026 tax season - MSNThe drastic reduction in the IRS workforce is a major concern. The number of employees decreased from 102,113 to 75,702 by June, with more than 25,000 employees laid off. Additionally, over 17,500 ...
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