IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgers, experts say
Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency’s plans to go after high-wealth tax dodgers and could spell disaster for revenue collections.
Trump and DOGE Will Reportedly Lay Off Thousands of IRS Workers – ‘Likely Targeting Tax Collection’
The “Department of Government Efficiency” is set to hobble the ability of the Internal Revenue Service to collect taxes, The Washington Post reported on Friday. President Donald Trump and his billionaire benefactor Elon Musk are expected to lay off thousands of workers at the IRS as part of DOGE’s ostensible mission to reduce the federal
Pittsburgh area tax expert preaches patience this season amid recent IRS layoffs
As the Trump Administration laid off thousands of IRS employees right in the middle of tax season, it may take longer for you to get a return.
IRS will lay off thousands of probationary workers in the middle of tax season
The IRS will lay off thousands of probationary workers in the middle of tax season, according to two sources familiar with the agency’s plans, and cuts could come as soon as next week.
How The IRS Layoffs Could Affect Your Tax Refund
The recent Internal Revenue Service layoffs could delay or cause mistakes in taxpayers' refunds, but turning in their 2024 tax refunds timely, correctly, and electronically could prevent issues. As part of President Donald Trump’s mission to reduce the federal government’s expenses,
IRS layoffs could remove barriers to the wealthy underreporting taxes
DOGE has started firing thousands of IRS workers, right in the middle of tax season. Why it matters: The move is likely to decrease the effect that restrains wealthier Americans from underreporting their taxable income.
IRS Tax Return: Will IRS layoffs delay refund, affect revenue collection?
Tax refunds may be delayed due to IRS staffing cuts, prompting experts to urge early filing. Meanwhile, layoffs of 7,000 IRS workers could weaken tax enforcement, with a Congressional Budget Office report warning that funding cuts may significantly reduce federal revenue and increase the deficit.
DOGE Layoffs Pose ‘Growing’ Risk To U.S. Economy And Markets, Says Apollo Economist
DOGE job cuts could number one million, according to Torsten Slok, chief economist at Apollo Global Management.
IRS layoffs hit Columbus, raising concerns ahead of tax season
Thousands of IRS employees across the nation have been laid off, including more than 20 workers in Columbus according to a ...
6,000 IRS Employees Fired in Latest Round of Trump Cuts
A tearful executive at the U.S. Internal Revenue Service told staffers on Thursday that about 6,000 employees would be fired, ...
Here’s Where Trump’s Government Layoffs Are—FEMA, IRS, TSA And More
The Trump administration reportedly asked FEMA officials to produce a list of employees that could be targeted for ...
Will there be a DOGE stimulus check? What to know about whether Americans will get some cash
The CEO of investment firm Azoria lobbied DOGE figurehead Elon Musk to have the department issue stimulus checks from some of ...
A comprehensive look at DOGE's firings and layoffs so far
Thousands of federal government employees have been shown the door in the first month of President Donald Trump’s ...
Musk’s DOGE seeks access to personal taxpayer data, raising alarm at IRS
Under pressure from the White House, the IRS is considering a memorandum of understanding that would give officials from DOGE ...
Will there be a DOGE stimulus check? What to know about whether Californians will see savings
Azoria investment firm CEO James Fishback lobbied on X for Musk to issue a stimulus check based on the claimed savings.
IRS starts mass layoffs, with 7,000 expected to lose their jobs
About 7,000 employees are expected to lose their jobs at the tax agency, according to a person familiar with the decision.