Financial Post29d
Why the complicated form when the capital gains tax stayed the same for 2024?
The release of a new, updated tax form doesn’t generally make headline news, but this week’s publication of the Canada Revenue Agency’s (CRA) 2024 Schedule 3, Capital Gains or Losses has more than a ...
CBS News22d
Over 6,000 IRS employees expected to be terminated by end of week
Over 6,000 Internal Revenue Service employees are expected to be terminated by the end of this week, according to a source familiar with the agency's plans. More than half of these employees ...
CBS News28d
What is the IRS three-year rule and how does it affect your taxes?
Tax season can be complicated, and the Internal Revenue Service (IRS) has plenty of rules, restrictions and deadlines in place that can make things even trickier. Among these, the three-year rule ...
CBS News24d
Elon Musk's DOGE presence at the IRS raises concerns about taxpayer data security, refund delays
The presence of Elon Musk's cost-cutting task force, the Department of Government Efficiency, at the IRS is sparking fresh concerns from Democratic lawmakers about the safety of taxpayer ...
Fox News25d
DOGE's access to critical IRS system containing taxpayer information is imminent
The Department of Government Efficiency (DOGE), led by Elon Musk, will soon have access to an Internal Revenue Service (IRS) system that contains sensitive taxpayer information, Fox News has learned.
Fox News9d
Trump Treasury confirms it's eyeing IRS for 'streamlining' shake-up as tax season heats up
The Trump administration's Treasury Department is in the midst of weighing a "wide range" of possibilities to streamline the Internal Revenue Service amid reports up to half of the IRS staff could ...
Forbes25d
DOGE Is Seeking Access To Critical IRS System That Holds Taxpayer Data—Here’s What To Know
The Elon Musk-led Department of Government Efficiency is reportedly seeking access to a sensitive Internal Revenue Service system—which could enable its operatives to see the financial details ...
CNN9d
The IRS is drafting plans to cut as much as half of its 90,000-person workforce, sources say
The Internal Revenue Service is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the ...
6abc News9d
IRS drafting plans to cut as much as half of its 90,000-person workforce, sources say
WASHINGTON -- The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation.
Reuters28d
IRS prepares to lay off thousands of workers
Feb 14 (Reuters) - The U.S. Internal Revenue Service is preparing to fire thousands of workers in the coming days, a move that could squeeze resources at the tax-collecting agency during the ...
The Washington Post25d
Musk’s DOGE seeks access to personal taxpayer data, raising alarm at IRS
Elon Musk’s U.S. DOGE Service is seeking access to a heavily guarded Internal Revenue Service system that includes detailed financial information about every taxpayer, business and nonprofit in ...