The Internal Revenue Service (IRS) is bracing for a challenging 2026 tax season following a significant reduction in its workforce. The Department of Government Efficiency (DOGE) mandated these cuts, ...

Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how ...

Under the 2017 tax bill passed under the first Trump administration, a cap was officially put on this deduction for the first time, limiting what taxpayers could deduct to $10,000. The cap is ...

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

The Trump administration's 2025 cost-cutting campaign at the IRS may have been all too successful.

The Trump administration’s 2025 cost-cutting campaign at the IRS was all too successful, according to an internal watchdog report. As a result, the agency may struggle through the 2026 tax ...