July 02, 2025 - The Internal Revenue Service (IRS) is facing a steep workforce reduction that threatens its capacity to assist businesses just as many confront growing uncertainty around global ...

The 2026 tax season could be rough, with IRS staff cuts and budget woes likely causing delays and service issues for taxpayers.

Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...

The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.

The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...

The Treasury Inspector General for Tax Administration (TIGTA) has reported that the IRS has seen approximately 11% reduction in workforce, with 11,443 employees affected by March 2025.

The potential reduction of the IRS workforce by 50% could lead to significant revenue losses over the next decade. The impact of these cuts extends beyond the IRS itself.

President Trump’s OBBBA tax reform changes key deductions for small and mid-sized businesses—here’s what owners need to know.

New research from the Center for American Progress shows that the Trump administration’s cuts to the IRS could cost the government nearly $1 trillion over the next decade.

The Trump administration’s 2025 cost-cutting campaign at the IRS was all too successful, according to an internal watchdog report. As a result, the agency may struggle through the 2026 tax ...