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IRS EMPLOYMENT REDUCTION
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...- New labour code: Can higher gratuity and social security costs under Social Security Code, 2020 be offset by employers by salary restructuring ?The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in I...
- Don’t miss this $2000 IRS tax credit, many eligible workers still haven’t claimed itIRS Saver’s Credit 2026 shows how this little-known IRS tax credit can save eligible workers up to $2,000 in direct tax relief. With only 4...
- Are Americans getting nearly $4000 in tax refunds as promised by Trump? New IRS data reveals the truthThe average IRS tax refund in 2026 has reached $3,804, according to the latest IRS filing season data. That is 10.2% higher than last year....
- IRS Tax refunds delayed in 2026: Are 164 Million filings, staffing cuts, and backlogs slowing your expected refund processing time?164 million tax returns are expected before the April 15, 2026 tax deadline. The IRS is still handling nearly 2 million unresolved cases. S...
- IRS tax returns could be delayed this season - here's when to expectIRS refund schedule 2026: The IRS says most 2026 tax refunds arrive within 21 days if filed electronically with direct deposit. The agency ...
- IRS refund delays could hit millions as government Shutdown threatens 2026 tax season - here's everything you need to knowIRS refund delays 2026: Americans filing taxes this year face potential delays as the IRS braces for a possible government shutdown. Fundin...
- IRS retirement tax credit — How eligible savers can reduce their federal tax bill by up to 50 percent under 2025 income rulesMillions of taxpayers qualify for an IRS retirement tax credit yet never claim it. The Saver’s Credit can reduce federal taxes by up to 50 ...
- Filing for 2026? Key tax changes you need to know to get the biggest refundThe 2026 tax season begins January 26 with historic changes. Paper checks are officially dead; direct deposit is now mandatory for fast ref...
- Five states set for up to $2,000 Social Security boost in 2026 — see if yours makes the listTrump tax cuts could reshape the 2026 tax season for millions of Americans. New IRS data shows refunds may reach $1,000 to $2,000 for many ...
- Trump ousts IRS chief just days after appointing him amid feud between Elon Musk and Scott BessentPresident Donald Trump has replaced the acting IRS commissioner Gary Shapley just days after he appointed him amid the ongoing feud between...
- IRS loses nearly 40% of its billionaire audit team as Donald Trump and Elon Musk push for deep cuts, America’s wealthiest celebrateThe IRS’s Global High Wealth unit, tasked with auditing the wealthiest Americans, has seen a 38% loss in staff this year, resulting in stal...
- Layoffs in USA: What do we know about job cuts by Trump administration, other firms?Weekly applications for jobless benefits are considered a proxy for layoffs, which have remained mostly in a range between 200,000 and 250,...
- Musk's new ultimatum spurs fresh confusion among US government workersElon Musk's ultimatum to federal workers has led to confusion and resignations as conflicting guidance spreads across agencies. The situati...
- IRS will lay off roughly 7,000 employees amid tax filing season in Trump downsizing spree: 10 point-explainerThe Internal Revenue Service in the United States will lay off around 7,000 employees amid tax filing season as Trump aims to cut jobs in t...
- Trump purge: In the middle of season as millions file taxes, IRS fires 6,700 employees, mainly auditors dealing with tax compliance issues, and faces massive backlashIRS has laid off 6,700 employees, with over 5,000 auditors and collection staff let go. This decision, coming in the middle of the tax seas...
- IRS to cut 7,000 jobs as Donald Trump administration pushes federal downsizingThe Internal Revenue Service (IRS) is set to lay off around 7,000 employees across the US as part of the Donald Trump administration’s effo...
- Joe Biden calls for higher taxes on corporations and the wealthyPresident Biden's budget aims to cut deficits by $3 trillion through tax increases. It proposes $5 trillion in additional taxes on corporat...
- Huge boost for self employed as major Tax reform announced by Kwasi Kwarteng in mini Budget. Details hereChancellor of the Exchequer Kwasi Kwarteng has reversed the decision to increase the National Insurance rate by 1.25 per cent and also slas...
- CCEA clears continuation of Rs 12k cr tech upgradation fundThe government today approved the continuation of Technology Upgradation Fund Scheme (TUFS) for the 12th Plan period (2012-17).
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