IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgers, experts say
The layoffs of roughly 7,000 IRS probationary workers beginning this week likely mean the end of the agency's plan to go ...
Trump wants to ‘abolish’ the IRS and replace it with tariffs. Can it work?
No one wants to pay taxes, and practically every American dislikes the IRS. But, as the saying goes, the only guarantees in ...
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Trump and Musk’s DOGE purge sees 6,700 IRS staff fired during tax season
The mass firing of IRS employees will impact those who have been working at the agency for less than a year, and will leave ...
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IRS and immigration: Changes in the Trump administration that you should know
The IRS is set to undergo significant changes in its role concerning immigration law enforcement, following a request from the Department of Homeland Security.
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US: IRS to lay off 6,700 employees today
The United States Internal Revenue Service (IRS) will today Thursday, February 20, 2025, lay off approximately 6,700 employees. According to Reuters, the employees affected by the cuts are ...
Trump’s tariffs may lead to savings for Americans through tax cuts: Research
US President Donald Trump’s plan to replace income taxes with tariffs could save the average American at least $134,809 over ...
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IRS reviews and seizes bank accounts that do not comply with these rules
Americans face the crucial task of filing their taxes, a process that involves the IRS, the nation's tax authority. This article delves into the IRS's role in tax compliance and the serious ...
It's Time for a Flat Tax
Despite what many believe, the United States is a place where the highest earners—depending on their state of residence—can ...