News

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
Tax year 2026 and filing season 2027 are the target date for retiring the Filing Information Returns Electronic, or FIRE, ...
The IRS faces a challenging landscape for the 2026 tax filing season, marked by a drastic workforce reduction and significant ...
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 ...
The new bonus deduction is available for taxpayers aged 65 or older that itemize their deductions. Single filers will receive $6,000 and for married-filing-jointly couples, $12,000 if both spouses are ...
As the 2026 tax season approaches, U.S. taxpayers may face significant challenges due to substantial IRS workforce reductions and anticipated complex tax law changes.
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.
Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...
This year's tax season moved along at a good pace at the IRS overall, but it's questionable how well things will go for taxpayers next year as the agency deals with sizable job cuts, new tax rules ...