National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

Many retirees are surprised to learn that their Social Security benefits can be subject to federal income tax. The IRS ...

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 ...

Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...

The Internal Revenue Service has released the federal income tax brackets for 2025. A key point for taxpayers is that the ...

Congressional report warns IRS budget cuts may slow refunds, reduce enforcement, and strain services in the 2026 tax season.

Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...

Unpaid tax debt can quietly drain your finances and your peace of mind. Here are the hidden costs to watch for.

More than one-quarter of the agency’s workers have left in the past three months, raising the likelihood of service gaps and ...

A watchdog says the IRS may not be prepared for a normal tax season, much less one with sweeping tax law changes.