The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.

The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...

As reported by Kiplinger, the layoffs at the IRS impacted nearly every division. By the end of the 2025 tax season, more than 25% of the agency’s workforce had been cut down via layoffs, buyouts, or ...

The lengthy spending and tax bill was signed into law by Trump on July 4. Here's when some measures take effect.

The enactment of the Great Beautiful Project Act (OBBBA) by President Trump on July 4, 2025, has sparked significant debate ...

Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...