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Money Talks News on MSNIRS Loses Thousands of Employees While More Cuts LoomThe IRS has lost over 11% of its workforce through terminations and voluntary resignations. Legal challenges have followed as ...
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
On July 4, 2025, legislation known as the "One Big Beautiful Bill" was signed into law. Learn about the 2025 tax changes here ...
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Soy Nómada on MSNIRS no longer allows moving expense deduction under new lawUnder the new 'One Big Beautiful Bill,' the IRS is permanently ending the moving expense deduction for most taxpayers after December 31, 2025, with exceptions for some government workers.
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
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Explícame on MSNFederal Government Plans More Massive Cuts of 107,000 EmployeesFollowing over 260,000 federal job losses since January, new budget plans propose eliminating an additional 107,000 roles.
The One Big Beautiful Bill (OBBB) cements many individual tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) including ...
The IRS had “one of the most successful filing seasons in recent history” in 2025, but the 2026 season is at risk because of job losses and funding cuts, the national taxpayer advocate (NTA) said ...
The budget bill championed by Trump could complicate next year’s tax filing season after the IRS lost one-quarter of its employees through staffing cuts. That's what an independent watchdog says ...
Orlando Miner on MSN7d
Federal Workers LAYOFFS CRASH Unemployment SystemExplore the impact of potential federal layoffs on the unemployment system, focusing on IRS and U.S. jobs. Is job security at risk? What does this mean for the job market?
A watchdog says the IRS may not be prepared for a normal tax season, much less one with sweeping tax law changes.
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