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IRS AUDITOR CUTS
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...24 Mar, 2025, 05.45 PM IST- 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...26 Feb, 2025, 09.48 PM IST
- 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...22 Feb, 2025, 07.48 PM IST
- What's in the debt ceiling deal Biden, McCarthy are negotiating?The U.S. government will spend $936 billion on non-defense discretionary spending in 2023, the Office of Management and Budget estimates, m...27 May, 2023, 10.20 AM IST
- Joe Biden, Kevin McCarthy plan to close US debt ceiling deal for 2 yearsNegotiators for Democratic President Joe Biden and House of Representatives Speaker Kevin McCarthy appeared to be nearing a deal on Thursda...27 May, 2023, 01.08 AM IST
- Swiss banks employ an army of advisors to weigh US amnesty planAt least 32 have announced they will join some form of the program, including 19 cantonal banks, or regional lenders typically owned by reg...24 Dec, 2013, 03.30 AM IST
- Ten means to put an end to black money issuePart one of this series showed how the govt was flailing to recover black money . In the concluding part, here are 10 things the govt could...17 Nov, 2011, 09.17 AM IST
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