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Trump’s IRS cuts may cost $500 billion in lost tax revenue as taxpayers exploit system
WASHINGTON -- Officials are preparing for a possible $500 billion decline in collected tax revenue this year due to ongoing ...
DOGE's IRS takeover: Internal Revenue Service thrown into turmoil at height of tax season; here's what's happening
DOGE’s takeover of the IRS has thrown the tax season into turmoil, with massive layoffs, leadership changes, and concerns ...
Accounting Today8d
Crowds became unruly during IRS tax events last year
Internal Revenue Service employees faced threats of assault during Saturday tax assistance events last year, according to a recent report. The report, issued earlier this month by the Treasury ...
Trump’s job cuts are forcing the IRS to cancel several large audits, which could result in tens of billions in lost revenue for the government
Staff cuts under Donald Trump’s government-wide reduction are putting large ongoing audits on hold, and the IRS is unlikely ...
Hosted on MSN9d
Ex-IRS employee who leaked Trump tax returns summoned by House committee
Responsible for one of the largest data breaks in the Internal Revenue Service’s history, the ex-IRS contractor Charles ...
The New Republic on MSN3d
IRS Braces for Huge Revenue Hit Thanks to Elon Musk’s DOGE
Elon Musk’s decision to take a chainsaw to the Internal Revenue Service is fast-tracking the agency for a steep decline in revenue. Abrupt, DOGE-directed staff cuts at the agency have sparked fears ...
Washington Technology10d
IRS releases solicitation for new tax research service
The IRS wants a contractor to help standardize and continually update sources for a broad range of agency employees.