We asked financial professionals what they are telling clients about filing their returns this year and mitigating tax bills ...

It would likely contribute to a longer-term trend at the agency of diminished audit rates, minimal tax enforcement for the ...

The IRS is preparing to get rid of half of its workforce, according to two media reports – part of a blitz by the Trump administration to reduce the size and scope of the federal government ...

The IRS is drafting plans to try to cut its workforce of roughly 90,000 people in half through a mix of layoffs, attrition ...

A government shutdown has never happened during tax season, creating a new set of concerns as the funding deadline nears.

As President Donald Trump’s administration continues to make aggressive ... Tax accountants have always recommended filing early during tax season, but this year the tip might be more important ...

Landing right in the middle of the tax season, the job cuts are expected ... who served as an advisor on tax policy during the Biden administration. She warned that the job cuts carried out ...

It's unclear how the layoffs may affect tax collection services this year. As the nation's revenue collector, the IRS was tasked during the Biden administration with targeting high-wealth tax ...

WASHINGTON (AP) — The IRS will lay off roughly 7,000 workers in Washington and around the country beginning Thursday, a person familiar with the plans told The Associated Press. The layoffs ...