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The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
A policy change by the Trump administration could have large impacts on churches throughout Montana and the country. And in a ...
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Soy Nómada on MSNIRS cuts will affect tax season in 2026The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
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Soy Aire on MSNWhy Filing Your 2024 Tax Return Early Could Save You Time and MoneyThe 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 ...
Tax year 2026 and filing season 2027 are the target date for retiring the Filing Information Returns Electronic, or FIRE, ...
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Econostrum on MSNYou Filed an Amended Tax Return? Here’s Why You Still Haven’t Heard Back from the IRSEach year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...
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 ...
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 ...
For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...
An under-the-radar provision inside President Donald Trump’s “One Big, Beautiful Bill Act” will reduce the amount of gambling ...
President Donald Trump "Big Beautiful Bill' was officially signed into law July 4. The new law will have many provisions to the Tax Cuts and Jobs Act of 2017, including current tax rates, the standard ...
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.
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