News

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
Coming soon to a church near you — dark money. A policy change by the Trump administration could have large impacts on ...
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
The IRS is urging taxpayers who requested an extension for their 2024 federal tax return to file during the summer months. By doing so, you can avoid the autumn rush, reduce the risk of errors, and ...
Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...
Tax year 2026 and filing season 2027 are the target date for retiring the Filing Information Returns Electronic, or FIRE, ...
The National Taxpayer Advocate, Erin Collins, released her fiscal year 2026 Objectives Report to Congress. While the government watchdog noted that the 2025 filing season was successful, there are ...
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
The next tax-filing season — for 2025 taxes — might be one to remember, but not for reasons taxpayers would prefer. While many provisions of the new federal budget law signed by President Donald Trump ...
An under-the-radar provision inside President Donald Trump’s “One Big, Beautiful Bill Act” will reduce the amount of gambling ...
The average fee for preparing Form 1040 with Schedule A to itemize personal deductions, and a state income tax return, was a flat fee of $323. The average fee for Form 1040 with the standard deduction ...
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.