The full timeline and scope of the cuts is unclear, but the first office to face them saw its workforce slashed by 75%.
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The IRS plans to cut as many as 20,000 staffers as part of layoffs that began Friday. That's according to two people familiar ...
President Trump has previously described the "External Revenue Service" as an arm of government "to collect tariffs, duties, ...
The Washington Post had first reported the start of the layoffs and the elimination of the civil rights office. The cuts are ...
An expected 10% revenue decline is due to changes in taxpayer behavior and President Donald Trump's cuts to the IRS, ...
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Cryptopolitan on MSNTax revenue collected by the IRS set to drop by over 10%The US government could collect significantly less in tax revenue this year, with officials at the Internal Revenue Service ...
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Claims shared online about "exciting news for pet owners" regarding potential tax deductions for animals were somewhat misleading in early 2025.
WASHINGTON -- Officials are preparing for a possible $500 billion decline in collected tax revenue this year due to ongoing ...
The Internal Revenue Service (IRS) is bracing for a substantial drop in revenue this spring amid payment evasion by ...
"We're going to take in a lot of money from the outside and that's going to keep our taxes low," Said President Trump of the plan.
Kansas City Star on MSN6d
Massive Revenue Shortfall Predicted by IRSThe Internal Revenue Service (IRS) and Treasury Department have projected a tax revenue shortfall of more than $500 billion.
The Trump administration is getting ready to start the “External Revenue Service,” a new agency that will collect tariffs.
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