The IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...

The Republican-led House Appropriations Subcommittee proposes a significant cut to the IRS budget, sparking a heated debate ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and tax changes.

The Trump administration’s 2025 cost-cutting campaign at the IRS was all too successful, according to an internal watchdog report. As a result, the agency may struggle through the 2026 tax ...

The student loan forgiveness tax break ends Dec. 31, 2025, meaning forgiven debt may soon be taxable again. Borrowers on ...

KEY TAKEAWAYS The 2025 tax filing season ran smoothly despite thousands of IRS layoffs, but the 2026 tax filing season could be challenging for the agency.An IRS watchdog reported that more than a ...

T he IRS is bracing for a challenging 2026 tax season, as highlighted by National Taxpayer Advocate Erin Collins who was cited by Newsweek.Despite describing the 2025 tax season as one of the most ...

The IRS had “one of the most successful filing seasons in recent history” in 2025, but the 2026 season is at risk because of job losses and funding cuts, the national taxpayer advocate (NTA) said ...

The IRS budget would decline 37% from fiscal year 2025 to fiscal year 2026 and the number of IRS employees would decrease 20% over the same period, according to the annual Congressional Budget ...