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The IRS may revise its proposed regulations on the sourcing of income from cloud-computing transactions, an agency official said Saturday.
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
Summer is a popular season for weddings, and the IRS reminds newlyweds to take steps to make future tax filings a bit easier. First, if there has been a name change, you must report it to the U.S.
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
The policy change reverses a ban on endorsing or opposing candidates by religious organizations known as the Johnson ...
The IRS on Monday said that religious leaders could endorse political candidates in churches and other religious centers without losing their tax-exempt status, carving out an exemption from a decades ...
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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 ...
Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
As reported by Kiplinger, the layoffs at the IRS impacted nearly every division. By the end of the 2025 tax season, more than 25% of the agency’s workforce had been cut down via layoffs, buyouts, or ...
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