Browsing: IRS

Prapass Pulsub | Moment | Getty ImagesAs the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid…

Close up of a Tax return form with calculatorgetty The Trump Administration has taken multiple steps that risk permanently damaging or eliminating important federal data sources.…

The Internal Revenue Service is reportedly making plans to lay off up to half of its 90,000-person workforce.The Associated Press reported the layoffs would be in…

Your crypto transactions may soon show up on an IRS 1099 form. Here’s who’s impacted Source link

Valentinrussanov | E+ | Getty ImagesAs the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season.But skipping your federal filing can be…

Where’s my refund? Will the DOGE led layoffs at the IRS affecting the timing of your tax refund?getty Tax season is a high-stakes period for millions…

At the height of the COVID-19 pandemic, more than a million U.S. taxpayers had trouble filing their 2019 and 2020 tax returns on time. For starters,…

The average tax refund is 10.4% lower than last year according to the latest Internal Revenue Service data, and inflation is taking more of those dollars.Bill…

WASHINGTON, D.C. – JANUARY 03: The U.S. Flag flys above the International Revenue Service … [+] headquarters building on January 3, 2024, in Washington, D.C. (Photo…

Vithun Khamsong | Moment | Getty ImagesThousands of IRS employees are expected to lose their jobs as Elon Musk’s Department of Government Efficiency, or DOGE, continues…