Staff cuts under Donald Trump’s government-wide reduction are putting large ongoing audits on hold, and the IRS is unlikely to beef up its enforcement division in the short term ...

While he hasn't laid out a clear plan, Treasury Secretary Scott Bessent has gone on record touting "the great AI revolution" in improving the agency's tax collections and customer service.

Despite staffing cuts, the IRS is still looking for scofflaws. Red flags may include failing to report Bitcoin gains and ...

It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.

In March 2025, a rumor spread online that most of the Internal Revenue Service (IRS) agents that U.S. President Donald ...

IRS efforts to combat racial bias in audits are likely to flatline due to President Donald Trump’s executive order to dismantle any federal diversity, equity, and inclusion programs.

President Trump is planning to gut the work force while trying to turn the I.R.S. into a more political agency.

The IRS pays attention to certain tax return claims that are open to fraud more than others. You can find out how to avoid ...

The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government Efficiency embedded in the agency during tax filing season — aka the IRS’ busiest time of ...

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

IRS layoffs in 2025 could mean tax delays, fewer audits, and compliance challenges. See how businesses will be affected.

Mistakes can lead to serious consequences, including the possibility of an IRS audit. “An IRS audit is a review/examination of an organization’s or individual’s books,” states the agency ...