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M ore than 6,000 Internal Revenue Service (IRS) jobs are reportedly being cut amid the busy tax season. The move by the Trump administration will shrink the agency’s workforce by about 6%.
The IRS cut over 25,000 jobs in a year, sparking concerns about its ability to handle tax seasons and provide adequate taxpayer support.
Thousands of IRS employees are expected to lose their jobs as part of DOGE's widespread spending cuts. CNBC's Sharon Epperson joins 'Squawk Box' to discuss how staff reductions could impact the ...
Advocacy groups are raising concerns that the staff cuts, which could eliminate as many as 20,000 IRS jobs — roughly 25% of its workforce — may create more confusion for taxpayers and make it ...
So far, 7% of all IRS employees have been let go and a hiring freeze is in place at the agency. (More job cuts are expected in the near-term future.) Congress, meanwhile, has rescinded virtually ...
Trump has big plans for the IRS. The IRS’ job cuts come as Elon Musk, who runs the Department of Government Efficiency (DOGE), and President Donald Trump have been ramping up efforts to shrink ...
President Trump may target IRS next for job cuts. CPAs warn Americans to file early before the cuts to avoid refund delays or long help lines. $3,500 iPhone possible?
A newly passed House budget bill introduces $4.5 trillion in tax cuts. This comes as the Internal Revenue Service (IRS) plans to cut 6,000 positions as part of broader federal workforce reductions ...
Trump may target IRS next for job cuts. ... Mass firings “definitely will impact tax season as cuts would have immediate impact,” said certified public accountant Richard Pon in San Francisco.