News

Following over 260,000 federal job losses since January, new budget plans propose eliminating an additional 107,000 roles.
A Supreme Court ruling allows the Trump administration to proceed with federal staff cuts.BI spoke with 16 government workers who said they fear job losses and impacts on essential services.It's not ...
On July 4, 2025, legislation known as the "One Big Beautiful Bill" was signed into law. Learn about the 2025 tax changes here ...
IRS jobs in Covington have been eliminated, leading to a $1.5 million loss in payroll tax for the city. The loss comes on top of other recent revenue shortfalls.
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...
The changes won’t happen all at once. Here’s when Americans can expect key provisions of the GOP tax and spending bill to go ...
Civil servants told POLITICO they’re anxious and exhausted, but holding out hope their lawyers can still save their jobs.
WASHINGTON (AP) — The Supreme Court on Tuesday cleared the way for President Donald Trump’s plans to downsize the federal ...
The Trump administration’s 2025 cost-cutting campaign at the IRS was all too successful, according to an internal watchdog ...
The One Big Beautiful Bill Act passed the House on July 3, and is expected to be signed into law by President Donald Trump.
CBS News reports that tipped workers earning up to $150,000 (or $300,000 for couples) can deduct up to $25,000 in tips per ...
The One Big Beautiful Bill (OBBB) cements many individual tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) including ...