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IRS WORKFORCE CUTS
US banks rely on a 65-year-old programming language; companies are paying a premium for developers who know itA 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a ...
Income Tax deadline extension: On Tax day, are tax payers really receiving IRS refunds of $5,000, $8,000, $11,000? Here's reality checkIncome Tax cuts: White House boasted that average refunds were projected to rise by at least $1,000. But currently, the average refund amou...
Filing taxes? IRS warns refunds may be frozen for weeks due to one costly errorThe IRS warns tax refunds may be frozen for weeks due to invalid direct deposit details. New electronic payment rules are driving delays. M...
Tax refunds could be delayed in 2026 after major 2025 law changes, lawmakers warnIRS warns of possible delays in 2026 tax refunds. New deductions for tips and overtime complicate filings. Staff cuts and high turnover lea...
Elon Musk's days may be numbered with the Trump administration as his conflicts with cabinet members grow by the hour; here's the latest friction pointElon Musk and the Trump administration are facing tensions. This is regarding leadership changes at the IRS. Trump appointed Gary Shapley a...
Melanie Krause becomes third IRS leader to exit in 2025 as tax data deal on undocumented immigrants sparks backlashMelanie Krause resignation has rocked the IRS just days before tax deadline, after she stepped down in protest of a controversial tax data-...
US IRS chief quits after immigration data-sharing dealThe IRS is facing turmoil as acting head Melanie Krause plans to resign following a controversial data-sharing agreement with Homeland Secu...
IRS plans to cut up to 25% of staff, starting with closing its civil rights office, AP sources sayIn an effort to streamline its operations, the IRS plans to lay off up to 25% of its workforce, including significant cuts to the Office of...
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...
Half a trillion vanished? IRS bombshell as agency warns DOGE may have cost U.S. a shocking $500 billion; here's the full detailThe IRS estimates a $500 billion loss due to the Trump administration’s Department of Government Efficiency's disruptions. DOGE reduced IRS...
Massive taxpayer exodus in the U.S? IRS braces for huge $500 billion revenue hit after DOGE cuts spark taxpayer revoltThe IRS is predicted to see a $500 billion shortfall in revenue as many taxpayers might not file taxes. This is influenced by staff cuts an...
DOGE's IRS takeover: Internal Revenue Service thrown into turmoil at height of tax season; here's what's happeningDOGE’s takeover of the IRS has thrown the tax season into turmoil, with massive layoffs, leadership changes, and concerns over taxpayer dat...
US IRS pauses modernisation investments to evaluate AI technologyThe agency will review a number of technology modernisation initiatives that have been taken in recent years, including the new Direct File...
Trump's Government Layoff Plans: NOAA to fire 20% Staff, is FEMA next? Leaked memo reveals detailsThe National Oceanic and Atmospheric Administration (NOAA) is preparing to lay off approximately 20% of its workforce.
After laying off 7,000 employees, IRS set to make a huge change as taxpayers fear refund delaysAfter laying off around 7,000 probationary employees, the Internal Revenue Service (IRS) is set to make a huge change as taxpayers fear ref...
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...
IRS fires 6,000 employees as Trump slashes governmentApproximately 6,000 IRS employees will be terminated, amounting to 6% of its workforce, amidst President Trump's downsizing plan led by Elo...
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...
US IRS prepares to lay off thousands of workers, sources sayThe U.S. Internal Revenue Service is set to fire thousands of probationary employees, amid tax-filing season. The move aligns with efforts ...
DOGE Federal Budget Overhaul: Musk and Ramaswamy’s $2 Trillion Plan to Transform Government SpendingElon Musk and Vivek Ramaswamy, now leading the Department of Government Efficiency (DOGE), have unveiled a sweeping plan to slash $2 trilli...