Tax experts, IRS employees and former Treasury Department officials are all warning that the US government could lose hundreds of billions of dollars in revenue because of the Trump administration’s ...

Though estimates vary, a number of think tanks have put out reports on the impact staffing cuts at the IRS will have on tax revenues. If Trump’s upcoming IRS cuts reach 50%, it could lead to $ ...

A May 2 report from the US Treasury Inspector General for Tax Administration (TIGTA) found that as of March, the Internal Revenue Service ...

Recent reports of potential IRS staffing cuts have raised concerns among taxpayers ... While it's uncertain if this will directly impact processing times, staying informed and patient is advisable.

T he Internal Revenue Service (IRS) faces a challenging period following historic layoffs that have significantly reduced its workforce. In February, the agency dismissed 7,000 em ...

Older Americans are generally more confident that Social Security will be available to them than younger adults are, ...

But that number could go up to as high as $2.4 trillion if we take into account the indirect effect of the staffing reduction ... playing out. An IRS that is going to see cuts at the level ...

Based on the federal workforce’s $270 billion annual compensation, the analysis calculates the financial impact of DOGE ... revenue losses from IRS staffing cuts. How Elon Musk’s DOGE ...