The IRS is preparing to get rid of half of its workforce, according to two media reports – part of a blitz by the Trump ...
A government shutdown has never happened during tax season, creating a new set of concerns as the funding deadline nears.
We asked financial professionals what they are telling clients about filing their returns this year and mitigating tax bills ...
The agency is reported to be cutting between 7,000 and 15,000 positions. The Trump administration is moving toward its ...
With tax season well underway ... to file quickly because of concerns that IRS job cuts ordered by the Trump administration could add to challenges in getting tax returns processed this year.
"In the middle of a tax filing season, when taxpayers expect prompt customer service and smooth processing of their tax returns, the administration has chosen to decimate the whole operation by ...
American farmers and fishers who did not make estimated tax payments by January must file their 2024 federal income tax return and pay all taxes due by March 3, the Internal Revenue Service announced.
So, now that Trump has assumed office and the 2025 tax season is here ... look at potential “tax traps" to avoid when the new administration takes office. These include legislative and economic ...
Kaercher says that risks to the filing season could include delayed tax refunds, inability to answer as many phone calls or ...
Thomas is a native of upstate New York and a graduate of the University at Albany. As a member of CNET's How To team, he writes about the intersection of policy, information and technology, and ...
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season. But skipping your ... a Dallas-based tax firm, said he’s had a few clients ask whether they need ...
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